BP has agreed to buy the stakes of JX Nippon in the ageing Andrew Area in the North Sea, confirming its intent to see the asset through decommissioning.

The post Exclusive: BP acquires JX Nippon stakes in North Sea Andrew Area appeared first on Energy Voice.

North Sea-focused E&P company Ithaca Energy said it made $249m (£187m) in pre-tax profits during the quarter, with higher commodity prices offsetting production shutdowns.

The post Ithaca Energy posts £187m profit in Q3 results appeared first on Energy Voice.

Westwood Global Energy reports that as of 29 November there was one appraisal well and three exploration wells active in the UK.

The post UK well slot: Trio of exploration wells active in the North Sea appeared first on Energy Voice.

Shell has kicked off drilling on the Jaws prospect in the UK North Sea, aiming to hook a prize of up to 30million barrels of oil.

The post Shell starts drilling on Jaws exploration prize in the UK North Sea appeared first on Energy Voice.

An eleventh hour bid to avert huge North Sea strikes has failed after workers rejected an updated offer.

The post Last minute bid by Ponticelli and Semco Maritime to avert North Sea strikes fails appeared first on Energy Voice.

Production has kicked off at a major project designed to extend the life of one of the North Sea’s largest producing fields.

The post CNOOC confirms first oil from delayed Buzzard Phase 2 project appeared first on Energy Voice.

CHC has not addressed competition concerns on its takeover of rival Babcock and the competition watchdog has referred it to an in-depth investigation.

The post Babcock – CHC helicopter merger moves to in-depth competition investigation appeared first on Energy Voice.

The chief executive of CessCon Decom has warned that a potential “bottleneck” could emerge for onshore dismantling over the coming years as North Sea decommissioning ramps up.

The post ‘Sorry guys, we’re full’: CessCon predicts onshore decom ‘bottleneck’ appeared first on Energy Voice.

NEO Energy is buying JX Nippon E&P UK, the British business of Japan's ENEOS holdings, for £1.2billion in the latest of a string of North Sea acquisitions.

The post NEO Energy to buy JX Nippon UK assets in £1.2billion deal appeared first on Energy Voice.