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Solid oil and gas production from the region is also providing indispensable resources to Europe and the rest of the world, navigating through the energy transition.
Norway and the UK have overcome recent challenges and are on course to achieve significant milestones due to notable increases in investments, exploration success and production.
With the arrival of Liz Truss at Number 10, a yawning gulf (one of many) has further opened between Scotland and the rest of the UK over energy…
Energy security may be bolstered but the payoffs are years down the line
Investors have pulled out of a project to drill the Cambo oil field in the North Sea. Does this mark the end of new oil and gas extraction in the region?