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Country summary: United Kingdom

energy-pedia opportunities - United Kingdom:
Current deals: 35
Licensing articles: 289
Completed deals: 1191

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Energy-Pedia opportunities is a unique, online, real-time market intelligence service, un-matched in the industry. It provides comprehensive details of upstream oil and gas opportunities worldwide, plus full details of all current and upcoming licence rounds. Helping established oil companies maintain and develop their upstream portfolios and enabling start-up companies to build successful businesses.

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United Kingdom - recent news

01 Dec 25
UK: Government’s Gas Supply Security Assessment shows need for immediate Energy Profits Levy reform
Offshore Energies UK says the government’s own figures on Gas Security, released on the same day as the Budget, underline both a national energy security risk and the damage of its policies on North Sea energy. The leading trade body is intensifying its campaign for a homegrown energy future.
01 Dec 25
UK: Dogger Bank Wind Farm and Seaway7 mark completion of all foundations on world’s largest offshore wind farm
Dogger Bank Wind Farm and delivery partner Seaway7 have installed all 277 transition pieces on Dogger Bank Wind Farm, marking the completion of all foundation installation work on the 3-phase offshore wind project in the North Sea.
28 Nov 25
Westwood Insight – UKCS pipeline interconnectivity demonstrates the importance of a managed transition
Westwood’s latest report for Offshore Energies UK (OEUK) examines offshore infrastructure trends and the challenges of early closure of infrastructure on the UK Continental Shelf (UKCS).
27 Nov 25
UK: Global Underwater Hub reacts to Autumn Budget and North Sea Future Plan
Neil Gordon, chief executive of Global Underwater Hub, has reacted to the outcomes of the Labour Government’s Autumn Budget and the North Sea Future Plan. Following months of calls from industry, there will be disappointment that the Energy Profits Levy has been maintained.
27 Nov 25
UK: Lights out for North Sea oil and gas as Chancellor keeps windfall
Chancellor Rachel Reeves has confirmed the Energy Profits Levy will remain until 2030, rejecting industry calls for urgent reform and triggering fresh warnings over jobs, investment and UK energy security. The EPL - first introduced in 2022 - keeps North Sea operators at a 78% headline tax rate. From 2030, it will be replaced by a new Oil and Gas Price Mechanism.

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