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British North Sea oil production fell 1.1% in 2014 compared with the previous year, an industry report said Tuesday. That is down around 70% since the North Sea’s peak in 1999.
Investments in the North Sea have significantly decreased, which may lead to an 80% oil production decrease by 2030 and push the UK to rely on foreign fossil fuels for its energy needs.
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A look at crude oil production in the North Sea. Government oil Production figures don’t add up as the UK and Norway show increased oil production in the years. The UK Department of Trade and ...
A new independent analysis commissioned by Offshore Energies UK (OEUK) from Westwood Global Energy Group has revealed that the UK has the potential to double its North Sea oil and gas production. The ...
D NO has entered an offtake agreement with French energy company Engie for its Norwegian North Sea gas production, via DNO's ...
North Sea oil production is struggling, according to independent energy research and intelligence business Rystad Energy. The company’s North Sea oil output forecast - which looks at crude and ...
"Based on our field level production and maintenance forecast, we expect North Sea oil production to drop to 2.28 million bpd with 462,000 bpd lost due to outages," the report said.
Government to ramp up North Sea oil and gas production ‘to maximum extent,’ says Treasury secretary. Climate campaigners urge govermment to focus on renewable energy to cut soaring bills .
Alok Sharma, the lawmaker appointed by the UK government to lead COP26, did not directly address whether North Sea oil production contradicts UK climate goals when asked by reporters Monday ...
But there is heated debate in Britain about whether new oil and natural gas projects in the North Sea should be permitted at all, given the country’s ambitions to achieve net zero emissions by 2050.