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  • Scotland’s only oil refinery could close by 2025

    27 November 2023

    Petroineos has announced that it is starting plans to convert Scotland’s sole oil refinery, which the company operates in Grangemouth, into a fuels import terminal. The energy company pointed to growing global competition and market pressures for the decision which could see operations cease by 2025....

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  • New report finds 100 North Sea storage sites needed to meet 2050 CCUS demand

    23 November 2023

    The volume of CO2 being injected into the North Sea by 2050 will be equivalent to the natural gas currently being extracted from the basin, according to a new report from global energy consultancy Xodus. That scale of carbon capture, utilisation and storage (CCUS) will require some 100 reservoirs, more than 7,500 kilometres of new pipelines and dozens of onshore emissions capturing and gathering sites....

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  • Production begins from BP-operated Seagull field in North Sea

    20 November 2023

    BP has announced that it has successfully started production from the Seagull oil and gas field in the UK North Sea. Seagull has been developed by Neptune Energy, which holds a 35% stake, as a subsea tieback to the BP-operated central processing facility (CPF) of the Eastern Trough Area Project (ETAP) in the central North Sea, around 140 miles east of Aberdeen. The project supported 800 jobs through the development phase....

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  • New UK legislation introduced for annual oil and gas licensing rounds

    10 November 2023

    The UK government introduced the Offshore Petroleum Licensing Bill to Parliament on 8 November which will require annual oil and gas licensing rounds subject to stringent new emissions and imports tests....

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  • Underground petroleum storage tank violations result in fines for several businesses

    03 November 2023

    In four separate enforcement agreements, the US Environmental Protection Agency has taken action against several corporate entities operating in New Jersey, New York and the US Virgin Islands to address alleged violations of federal laws regarding the maintenance and operation of underground petroleum storage tank systems. In separate settlements, the companies have agreed to comply and pay penalties....

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27 licences offered in first batch of UK’s 33rd Oil and Gas Licensing Round 31 October 2023

North Sea production received a boost on 30 October with the offer of 27 new licences in areas prioritised because they have the potential to go into production more quickly than others. In addition to the 27 licences, six more blocks, which were also ready to be offered, have been merged into five existing licences, the North Sea Transition Authority (NSTA) said....

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BP ships first cargo from Indonesia’s newly expanded Tangguh LNG facility 30 October 2023

The first cargo of liquefied natural gas (LNG) produced by the new third liquefaction train at the Tangguh LNG facility, in Papua Barat, Indonesia, was safely loaded and delivered to Indonesia’s state-owned power generator PT PLN (Persero) on 18 October. This marked the start of full commercial operation of the newly expanded Tangguh LNG facility, which now has a total capacity to 11.4 million tonnes a year....

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35 North Sea firms throw backing behind bid to improve workers’ mental health 26 October 2023

The group behind a drive to improve mental health in the North Sea has praised the response to its call to arms after a further 29 organisations signed up to its Mental Health and Well-being Charter. A total of 35 companies who work in the UK Continental Shelf have pledged to protect and improve conditions for workers by introducing the Mental Health and Well-being Charter....

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UK offshore oil and gas emissions have fallen 24% in last five years, new report says 24 October 2023

The UK offshore oil and gas industry has reduced production emissions by 24% compared to 2018, according to a new report from industry body Offshore Energies UK (OEUK). In its Emissions Report 2023, OEUK estimates that emissions from the production, transport and processing of oil and gas in the UK fell to the equivalent of 14.28 million tonnes of CO2 in 2022. This compares with the 2018 figure of 18.9m tonnes....

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Equinor publishes third quarter 2023 safety results 23 October 2023

Equinor has published its latest safety performance results covering the third quarter of 2023. The statistics show the oil major’s positive safety trend continues. The number of serious incidents per million hours worked is still declining at the end of the third quarter, measured over the past 12 months, the company said....

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