By Alex Longley (Bloomberg) — A planned overhaul of how the world’s most important benchmark crude price is calculated has caused a surge in trading of swaps used to hedge North...

By Nerijus Adomaitis OSLO, April 10 (Reuters) – The operator of the Mariner heavy oil field, one of Britain’s largest offshore developments in years, postponed its start-up to summer 2019...

By Kelly Gilblom (Bloomberg) — Royal Dutch Shell Plc made one of its biggest commitments to the North Sea in 30 years, with plans to redevelop the Penguins oil and...

LONDON, Dec 27 (Reuters) – Britain’s biggest and most important oil pipeline, Forties, was ramping up throughput after repairs and was currently pumping at around half its normal rates, a...

By Mikael Holter (Bloomberg) — Oil explorers are neglecting their old hunting grounds in the North Sea, threatening to deepen an expected slump in Norway’s output in the middle of...

By Rakteem Katakey (Bloomberg) — Europe’s biggest energy companies have a message for the aging U.K. North Sea oil industry: We may be selling assets, but that doesn’t mean we’re...

By Abigail Morris (Bloomberg) — The U.K. North Sea is on track for the biggest year of oil and gas field startups in a decade, continuing the aging province’s surprising...

By Erik Matzen COPENHAGEN, March 7 (Reuters) – Oil and shipping conglomerate A.P Moller-Maersk could land a deal with the Danish government on oil and gas operations in the North...

By Laura Hurst and Brian Wingfield (Bloomberg) — A glut of North Sea oil that’s helped depress global prices and heap pressure on OPEC is poised for short-term relief after traders...

By Ron Bousso LONDON, Sept 14 (Reuters) – Maersk Oil, a unit of Danish conglomerate A.P. Moller-Maersk, has agreed to sell stakes in three North Sea fields to RockRose Energy,...

The International Transport Workers Federation is slamming offshore oil companies operating in North Sea after a report claimed that many are using a complex web of companies to move money and avoid paying...

By Ilze Filks and Gwladys Fouche OSLO, July 27 (Reuters) – Bored with palm-fringed beaches and turquoise seas? Then the gigantic oil platforms of the North Sea beckon. The first...

By Angelina Rascouet (Bloomberg) — The cost of dismantling oil production facilities in the U.K. North Sea over the next decade will be higher than previously forecast as more fields...

  Offshore contractor Subsea 7 says it has been awarded a $150 million subsea, umbilical, riser and flowline (SURF) contract by Maersk Oil for the development of the Culzean field...

  COPENHAGEN, Aug 31 (Reuters) – Maersk Oil has received approval by the UK’s Oil & Gas Authority to develop the largest gas field discovered in the UK North Sea...

  By Christian Wienberg (Bloomberg) — A.P. Moeller-Maersk A/S is actively searching for North Sea oil acquisitions as the drop in energy prices makes takeovers a better option than exploration....

Norwegian offshore oil rig workers signed a new wage deal on Thursday, avoiding a strike that could have cut energy production, labour unions said.

  Two-thirds of North Sea oil and gas industry operators (67 percent) have been forced to cancel projects because of the recent fall in oil price, according to an industry...

U.K. Chancellor of the Exchequer George Osborne said he’s likely to announce further steps to help Scotland’s North Sea oil and gas industry.

Norway faces more delays in offshore oil and gas projects and reduced exploration next year after the value of crude slumped by a third, according to the industry regulator for western Europe’s biggest oil-producing country.