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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.
A new study says the additional production could add £165 billion in economic value ...
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Offshore Technology on MSNNorth Sea oil and gas potential could boost UK economyA 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 ...
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Offshore Technology on MSNDNO signs North Sea gas offtake agreement with EngieD NO has entered an offtake agreement with French energy company Engie for its Norwegian North Sea gas production, via DNO's ...
There are currently 284 offshore oil and gas fields in production in the UK North Sea, with around 180 of these likely to have ceased production due to natural decline by 2030 - green campaigners ...
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.
The Government's proposal to maximise North Sea oil and gas production has passed its first Commons test, despite criticism from Tories and warnings of "sleepless nights" over the plans.
Shell's North Sea presence is bigger - it produces over 100,000 barrels of oil equivalent a day and employs 1,000 whereas Equinor's output is 38,000 barrels a day of production and has 300 employees.
Equinor EQNR-2.04%decrease; red down pointing triangle made a new oil and gas discovery in the North Sea, with recoverable resources estimated at between 2 million and 13 million barrels of oil ...
The Aoka Mizu FPSO has been a key asset in the UK North Sea and is the preferred production unit for the long-stalled Sea Lion oil development off the Falklands, should it proceed.
North Sea oil and gas extraction spikes pollution by 10,000 percent, study finds. ScienceDaily . Retrieved June 2, 2025 from www.sciencedaily.com / releases / 2024 / 07 / 240730134846.htm ...
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