The development of Britain’s largest untapped oil field in the North Sea will generate billions of pounds in tax and boost the UK’s energy security for decades, ministers have said.
The development of Britain’s largest untapped oil field in the North Sea will generate billions of pounds in tax and boost the UK’s energy security for decades, ministers have said.
Shares of Ithaca Energy have experienced a surge of up to 8.5% following the approval of the Rosebank oil field development.
Regulatory authorities have approved drilling in one of the North Sea’s most substantial undeveloped oil and gas fields, marking an initial investment of £3.1 billion.
Union Jack Oil plc (AIM: UJO) a UK-focused onshore hydrocarbon production, development and exploration company is pleased to provide an update on West Newton PEDL183, in which the Company holds
Interim Results for the six months ended 30 June 2023
For some, a serene view of the sea is invaluable, but for others, it may come with a cost.
Longboat Energy, an emerging full-cycle E&P company active in Norway and Malaysia, announces a minor discovery at the Velocette (PL1016) exploration well in Norway (Longboat JAPEX Norge AS 20%).
Union Jack Oil plc (AIM: UJO) a UK focused onshore hydrocarbon production, development and exploration company is pleased to announce that the Company has acquired a disclosable interest in Beacon
Octopus Energy has secured a 10% ownership in the Borssele III & IV offshore wind farm located in the Dutch North Sea, with the purchase amount remaining undisclosed.
Farm-in Highlights
Increased drilling and development activities throughout Union Jack Oil PLC (AIM: UJO)’s onshore UK assets could significantly enhance its stock value, as indicated by SP Angel.