Hartshead Resources NL, which in April reduced its workforce, has won six new oil and gas licences covering 10 blocks in the southern North Sea. ACREAGE The Australian company has accepted three licences and is awaiting grant of a further three from the North Sea Transition Authority’s 33rd licensing round. Five licences consisting of nine […]
Tag: North Sea Transition Authority (NSTA)
Serica Energy looks to redevelop Kyle oil field
Serica Energy plc has been awarded 100% of block 29/2a, containing the decommissioned Kyle oil field, in the UKCS 33rd offshore licensing round. STUDIES The North Sea Transition Authority made the award to the company’s subsidiary Tailwind Energy Chinook Ltd, subject to licence documentation. Serica said its internal preliminary mid-case estimate of recoverable resources after […]
NSTA sanctions EnQuest and fines Spirit
EnQuest plc and Spirit Energy Ltd are two of three operators fined a total £265,000 for breaches in operations by the North Sea Transition Authority (NSTA). PENALTIES EnQuest was sanctioned and fined £150,000 for flaring an excess 262 tonnes of gas on the Magnus field between 30 November and 1 December 2021 “despite knowing that […]