The value of shares in a British company drilling for oil off the Falkand islands halved Monday, after it revealed the existing supply may not be commercially viable.
BING NEWS:
- Court Challenge Begins Against UK Oil And Gas Field Approvals
Production had been due to start next year, with Shell saying it would provide enough fuel to heat 1.4 million UK homes. Equinor, the majority owner of Rosebank oil field, 145 kilometres off the ...
11/11/2024 - 11:00 am | View Link - Harbour Energy strikes oil in the UK North Sea
Harbour Energy fresh from completing its acquisition of Wintershall Dea has struck oil at its Gilderoy exploration well in the UK North Sea following a drilling campaign completed during the third ...
11/6/2024 - 11:41 pm | View Link - UK Offshore Oil Platform Halted Due to Gas Compressor Issue
A technical issue with a gas compressor has halted production at the Triton FPSO, impacting Serica Energy's 2024 production targets.
10/29/2024 - 3:30 am | View Link - Falkland Islands tensions erupt as £4bn oil and gas deal extended despite Labour promises
The Falkland Islands' government has agreed to extend licences for an oil company, which could bring it into conflict with the Labour government. Some 800 million barrels of oil are believed to be ...
10/22/2024 - 2:00 am | View Link - Falklands crisis erupts as islands release defiant statement to the UK over £4bn oil field
The Falkland Islands have insisted that the UK government has no say on whether the Sea Lion oil project should go ahead. Some 800 million barrels of oil are believed to be contained in the Sea ...
10/2/2024 - 10:45 pm | View Link - More
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