Cuadrilla announced it will reduce its gas exploration operations in the UK next year by 90% while it waits for the Government to decide the future of hydraulic fracturing or fracking. The company will however retain its technical data-base, corporate knowledge and access to technical and operational capability. Chief executive Francis Egan said Cuadrilla would […]
Oil & Gas
OGA notes joint power sites for oil-gas and wind farms
Shared electrification of offshore oil and gas industry and wind farms aimed at reducing greenhouse gas emissions has taken a step further by the Oil & Gas Authority (OGA). Areas identified with the most significant opportunities are West of Shetland, the Outer Moray Firth, Central North Sea and Southern North Sea. The OGA stated that […]
Egdon completes North Sea gas farm-in with Shell
Egdon Resources plc (AIM:EDR) has sealed the farm-in agreement with Shell in respect of offshore North Sea licences P1929 and P2304 containing the Resolution and Endeavour gas discoveries. The Oil and Gas Authority (OGA) approved the transfer of a 70% interest and operatorship in both licences, and Egdon retains a 30% interest in the licences. […]
UK energy integration could add 30% to net zero
UK offshore oil and gas, renewables, hydrogen and carbon capture and storage (CCS) integration could contribute some 30% of the country’s total carbon reduction needed to meet the 2050 net zero target. The Oil and Gas Authority’s (OGA) published its findings in a report, Energy Integration Project, in collaboration with Ofgem, The Crown Estate and the Department for […]
Rathlin eyes two new possible oil sites at West Newton
Two new potential oil sites in Weston Newton are being planned by Beverley-based onshore energy operator Rathlin Energy (UK) Ltd. The company has submitted screening requests to East Riding of Yorkshire Council for West Newton C and West Newton D to determine the need for environmental impact assessments. Rathlin already operates at West Newton A […]
UKCS production losses fall 25% as efficiency rises
The UK Continental Shelf (UKCS) last year saw an improved production efficiency for the seventh consecutive year and for 2019 reached 80%, three years ahead of the 2022 target. REGIONS Figures from the 2019 Production Efficiency Report by the Oil and Gas Authority (OGA) show an increase of five percentage points from 2018, with every […]