60 firms bag new licences for UK oil and gas

Licences to drill for oil and gas off the coast of England were dished out to 60 companies last week. Swathes of the North Sea, the English Channel, the North Channel and Morecambe Bay and the West of Shetlands and the Hebrides were included in the Government’s 28th Offshore Licensing Round. The mixture of firms […]

Minister awards new North Sea licences

Energy Minister Charles Hendry today granted forty-six new licences to explore UK waters for oil and gas. Including 110 blocks on the UK Continental Shelf, the licences cover the Shetlands, North Sea, English Channel and Morecambe Bay area. The licences are part of the 26th offshore oil and gas licensing round. They were not granted […]

Bid to break offshore barrier and unlock £3bn for UK

The Carbon Trust has launched a global competition to find a safe way to transfer men and machinery to wind farms as far as 300km offshore. And if such a safety solution can be found, the trust estimates it could unlock £3bn worth of revenue for the UK. Most wind farms are less than 20km […]