09 Jun 2026
Photo by Ben Wicks A possible exit BP has held advanced discussions with Ithaca Energy over the potential sale of its UK North Sea assets in a deal that could be worth close to £2 billion, the Financial Times first reported this week. Although the talks have stalled in recent weeks, BP is understood to remain open […]
09 Jun 2026
Photo by Pramod Kumar Sharma A new study from the University of Aberdeen’s Interdisciplinary Centre for Energy Transition has warned that intensifying competition for space in UK waters is placing the country’s energy transition at serious risk, and is calling for a fundamental overhaul of how offshore areas are governed. The findings, published by the Geological Society as […]
21 Apr 2026
Photo by Michael Ziegler The North Sea is at a critical inflection point. A vast number of ageing oil and gas structures are reaching the end of their operational life and will require decommissioning, while hundreds of new offshore wind turbines are being deployed. As the basin becomes increasingly geopolitically contested, and with future considerations […]