Tagged With UK
Canadian cashflows tempt i3
23 June 2020
North Sea developer eyes cut-price production to bolster its balance sheet
Analysts fret on Hurricane’s single well reliance
16 June 2020
The North Sea fractured basement specialist’s dependence on one producing well at its Lancaster project is causing concern
BP cuts its price in Premier deal
5 June 2020
The major will take a much lower upfront fee with more to follow from production revenues and if prices recover
PE Live: Decommissioning throws up opportunities
5 June 2020
Picking up the tab for end-of-life liabilities is inevitably a thorny issue in a mature basin. But decommissioning offers pros as well as cons
PE Live: Hope remains for UKCS buyers
2 June 2020
The landscape may look very different to when deals were struck. But it is not all bad news for those that acquired North Sea assets in recent years
PE Live: UKCS M&A faces challenges
2 June 2020
Downturns often usher in buying opportunities, but there are unique obstacles in the current environment
JOG goes back to the future
6 May 2020
A field already in decommissioning holds no fears for the North Sea newcomer’s bold regional plans
North Sea FIDs suffer slippage
7 April 2020
Two of the three most anticipated project green lights are postponed and a third looks at risk
Change in the air for UK power
7 April 2020
The removal of restrictions on onshore wind will reduce costs and emissions. It may even tempt the majors to diversify into the sector
BP likes to be beside the Teesside
3 April 2020
The level of investment in the Net Zero Teesside project will be instructive as to how seriously BP and other majors are taking their recent emissions pledges
Covid-19 compounds European refiners’ challenges
2 April 2020
The demand impact from widespread lockdowns causes an immediate demand headache. But longer-term structural obstacles remain
UK retail power faces up to reconsolidation
31 March 2020
The market share of challengers hits a landmark figure, but M&A could remake a hegemony, simply with different actors
Pension funds crank up transition pressure
31 March 2020
Some of the most sophisticated UK investors are pushing for a faster energy transition than even the most ambitious promises of oil and gas majors
Heathrow ruling endangers projects globally
31 March 2020
A UK court’s rejection of Heathrow Airport’s expansion policy as invalid on climate change grounds has implications for major projects globally
Ten principles for operator transitions
24 March 2020
Incoming operators face several challenges when taking over an asset, including managing the transition, improving performance, and capturing value. These principles can guide the way
Gloom overshadows North Sea exploration hits
20 March 2020
Two pieces of good news in the UK and Norway are buried by cost-cutting and depressed prices
Investors and NGOs take tougher line on climate change
20 February 2020
Fossil fuel projects in Africa often need international support to proceed and multilateral agencies and asset managers are strengthening their climate-related investment criteria, potentially leaving valuable resources stuck in limbo
Scotland sets out challenge of further decarbonisation
4 February 2020
Gains from renewable power generation will difficult to repeat from domestic heating efficiency and transportation
OFSE sector steps up to carbon challenge
3 February 2020
Services firms have challenges but also opportunities in both reducing footprints and leading standardisation
North Sea collaboration shot
15 January 2020
Report suggests that UKCS actors are slipping back into bad habits
UK prime minister promises $1bn CCS injection
19 November 2019
Does electoral pledge indicate that carbon capture and storage (CCS) is finally being taken seriously?
Energy transition no grounds for ‘culture war’
15 November 2019
The challenge of re-engineering the global energy system to meet or exceed Paris Agreement commitments is too important and too complex to be reduced to Right-Left squabbling
UK shale suffers potentially fatal blow
5 November 2019
Explorers say they will work with the government to try to revive the nascent shale gas industry, but a new fracking moratorium makes it look like an uphill struggle
Zennor sets sights on CNS upside
26 September 2019
Private equity backing ensures CNS player has a war chest for future acquisitions
North Sea asset sales healthy for now
22 September 2019
A post-2014 shake up has revitalised the basin, but challenges remain for private equity investors looking to exit, says RBC
West of Shetland M&A proves positive
12 September 2019
PE-backed Siccar Point sees recent ownership changes in West of Shetland assets as useful re-organisation