Forties Pipeline System faces early closure, warns chief executive
The Forties Pipeline System may have to close in six years as Labour’s North Sea tax policies make the network financially unsustainable.
The Forties Pipeline System may have to close in six years as Labour’s North Sea tax policies make the network financially unsustainable.
The plans by the UK government to increase the Energy Profits Levy (EPL) would eventually have a detrimental impact on Britain’s economy.
Survey reveals that the site’s users see the top priority of the new parliament as being opening new fields with new licencing.
UK’s energy department faces possible legal action over banning North Sea oil regulator from issuing outstanding drilling licences.
UK trade body Offshore Energies UK is “deeply concerned” about the new government’s offshore windfall tax and ongoing licensing plans.
Ed Miliband confirmed as the Secretary of State for Energy Security and Net Zero, as Keir Starmer forms his government after winning election.
Labour will now need to put its oil and gas manifesto commitments into practice, and Offshore Technology looks at those election promises.
UK’s Confederation of British Industry attacks deafening silence on climate change during the election campaign.
Policies in Labour’s manifesto “would put the UK ahead of Denmark” as the highest performing North Sea country on climate.
The UK’s oil sector could beat output forecast by 30% if the required investment is secured, according to Offshore Energies UK.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.