British North Sea oil production fell 1.1% in 2014 compared with the previous year, an industry report said Tuesday. That is down around 70% since the North Sea’s peak in 1999.

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...

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.

Vaar Energi said it entered into an agreement with TechnipFMC for the delivery of subsea work linked to the development of ...

A look at crude oil production in the North Sea. Government oil Production figures don’t add up as the UK and Norway show increased oil production in the years. The UK Department of Trade and ...

The floating offshore wind energy industry represents a chance to build a fairer, greener economy and ensure North Sea oil ...

North Sea oil production is struggling, according to independent energy research and intelligence business Rystad Energy. The company’s North Sea oil output forecast - which looks at crude and ...

business conditions”, an industry body argues. North Sea production has fallen to the lowest level on record, leaving the UK importing about half the oil and gas that it needs.

"Based on our field level production and maintenance forecast, we expect North Sea oil production to drop to 2.28 million bpd with 462,000 bpd lost due to outages," the report said.

Government to ramp up North Sea oil and gas production ‘to maximum extent,’ says Treasury secretary. Climate campaigners urge govermment to focus on renewable energy to cut soaring bills .

Equinor Energy AS has been granted a permit by the Norwegian Offshore Directorate to drill in the North Sea. Exploration ...