North Sea Oil and Gas

French integrated energy and petroleum company, TotalEnergies, has launched a floating wind turbine that will supply renewable power to an offshore oil and gas platform in the North Sea.

Chris Skidmore has announced he will stand down as a member of the Conservatives due to the government’s Offshore Petroleum Licensing Bill.

The Department for Energy Security and Net Zero (DESNZ) is reportedly transferring 200 civil servants to a new office in Aberdeen, Scotland to boost investor confidence in North Sea oil.

New legislation to mandate annual oil and gas licensing in the North Sea is expected to be set out in the King's Speech tomorrow (7 November).

A report released by the North Sea Transition Authority (NSTA) has found that the North Sea oil and gas industry spent £1.6 billion on decommissioning in 2022.

A new study by the Energy and Climate Intelligence Unit (ECIU) has found that the energy generated from one wind farm would negate the need for new North Sea Gas fields, whilst heat pumps could save half the gas required by a moratorium on new North Sea licences.

The Energy and Climate Intelligence Unit (ECIU), a nonprofit advisory group, has published research predicting that current government policies for heating new and existing homes will dramatically increase foreign gas dependence. 

​The moratorium on fracking has officially been lifted by the government to “bolster the UK’s energy security.”

​Following the official announcement of the energy bills freeze over the coming winter by Prime Minister Liz Truss on Thursday 8 September, the government has released the first details of how exactly it will work.

Following on from Prime Minister Liz Truss unveiling a range of measures to help mitigate the impact of the energy crisis, Current± takes a look at the industry's reactions.