Browsing Tag
North Sea Transition Authority
15 posts
The North Sea oil boom is ageing. Could decommissioning become a multidecade offshore industry?
The United Kingdom still faces an estimated £43.4 billion of offshore decommissioning work even after record spending in 2025. Hornbeck Offshore Services’ new North Sea contract shows how ageing oil and gas infrastructure is creating a long-duration market for well intervention, subsea robotics and specialised vessels.
Why plugging abandoned offshore wells could support decades of specialised vessel demand
The United Kingdom still faces an estimated £43.4 billion of offshore decommissioning work even after record spending in 2025. Hornbeck Offshore Services’ new North Sea contract shows how ageing oil and gas infrastructure is creating a long-duration market for well intervention, subsea robotics and specialised vessels.
Hornbeck wins North Sea decommissioning contract two weeks after completing Helix merger
Hornbeck Offshore Services has secured a two-year North Sea decommissioning contract through Helix Well Ops, providing an early demonstration of the integrated subsea capabilities created by its September 1 merger with Helix Energy Solutions Group.
Reabold Resources and Union Jack Oil merger: Why a ÂŁ6.14m deal has become a test of funding survival
Reabold Resources’ proposed acquisition of Union Jack Oil is less about headline scale than access to capital, licence security and whether combining two small AIM companies can protect assets that may otherwise remain underfunded.
EnergyPathways launches MESH licence work as EPP targets Ofgem LDES backing
EnergyPathways has started the MESH licence programme in the East Irish Sea, but Ofgem support, geological evidence and project financing remain the decisive tests for EPP.
Is the UK’s North Sea Future Plan the clearest signal yet that fossil fuel expansion is over?
The UK has ended new North Sea oil exploration. See how the plan aims to protect jobs, scale clean energy, and reshape Britain’s industrial future.
Northern Endurance Partnership secures financial close for UK’s first CCS project
The Northern Endurance Partnership (NEP) has reached a significant milestone by achieving financial close, paving the way for…
Deltic Energy advances North Sea exploration with new license acquisition
Deltic Energy Plc, an AIM-quoted natural resources investing company, has announced the acceptance of a pivotal license awarded…
Deltic Energy announces farm-out deal with Dana Petroleum for Selene prospect
Deltic Energy Plc, an AIM-quoted investing company with a focus on high-impact exploration and appraisal in the Southern…
North Sea Transition Authority grants 24 new oil and gas licenses to major energy firms
In a significant step towards ensuring the UK’s energy security and supporting the domestic economy, the North Sea…