Europe / Caspian / CIS
Country summary: United Kingdom
energy-pedia opportunities - United Kingdom:
| Current deals: | 35 |
| Licensing articles: | 289 |
| Completed deals: | 1191 |
What is energy-pedia opportunities?
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.
United Kingdom - recent news
| 13 Aug 26 |
UK: New report reveals North Sea revenue drop off as firms flee EPL New data from the Government Expenditure and Revenue Scotland (Gers) report has revealed revenue from the North Sea has fallen £1.6billion in the space of two years. The figures show North Sea revenue has dropped off sharply from close to £5.5billion in 2023-24, to just under £4.5billion in 2024-25, and most recently to £3.9 billion in 2025-26. |
| 13 Aug 26 |
UK: Reinstated wells produced 16 million boe in 2025 North Sea operators produced an extra 16 million barrels of oil from 56 reinstated wells in 2025 as they focused on well interventions which boosted production and efficiency. The success of this campaign has been supported by a significant improvement in intervention efficiency, with the cost per barrel of oil equivalent added decreasing from £9.60/boe in 2024 to £7.60/boe in 2025. A total of 398 well interventions were carried out in the year. |
| 13 Aug 26 |
UK: Leading North Sea operators back NSTA well decommissioning charter North Sea operators have pledged to support an initiative to help them meet their well decommissioning obligations, boost the supply chain and potentially deliver significant savings for industry and taxpayers. The North Sea Transition Authority (NSTA) and 17 operators have signed a charter with a set of guiding principles, including working collaboratively to develop a smoother approach to wellhead removals. |
| 12 Aug 26 |
UK: OnPath Energy starts construction work at 50MW UK solar site The development of a new South Yorkshire solar energy and battery storage project has reached its latest landmark with the start of construction work on the site. Leading renewables developer OnPath Energy is building the Common Farm Solar Park close to the Todwick Road Industrial Estate in Dinnington. |
| 12 Aug 26 |
UK: North-east households in line for £2,500 energy bill discount for hosting pylons Thousands of households living close to major electricity grid projects in the North-east could receive £2,500 off their energy bills under a new UK Government scheme. Homes within 500 metres of eligible new or upgraded transmission infrastructure are expected to receive discounts worth £250 a year for 10 years, with the first payments due to begin next year. |
United Kingdom - more news
