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Zack Polanski is urging Ed Miliband to block development of the Rosebank oil field over the project’s alleged ties to Israel.
Under the contract, Viridien will support post-decommissioning monitoring using a UK OPRED-approved system.
The European stock markets fell sharply in Wednesday trading with intensified fighting between the U
(Updates with responses from Adura, BP, Var Energi, Ithaca and Harbour Energy in the fourth and fift
Oslo, 20 August 2026 - Fleet utilisation for July 2026 was 80%. All operating vessels delivered near 100% commercial uptime in July, with Safe Eurus, Safe Notos, Safe Zephyrus and Safe Boreas operating at full capacity. Safe Caledonia remained in lay-up at Scapa Flow, UK, ahead of a firm 6-month contract, plus 3 months of options, with Ithaca Energy for accommodation support at the Captain field in the UK North Sea, starting in the second quarter of 2027. “The fleet continues to deliver strong p
Ithaca Energy PLC (STU:XE3) delivers record Q2 output and raises 2026 dividend guidance to $500-$530 million, driven by cost discipline and operational efficiency.
Ithaca Energy (LON:ITH) reported record quarterly production in the second quarter of 2026 and raised its full-year dividend guidance, citing lower operating costs, strong cash generation and continued production momentum following weather-related disruption earlier in the year. Executive Chairman
Bidders are lining up for BP’s North Sea oil fields after the company released confidential sale documents for the £2.5bn package.
BP PLC (LSE:BP.) and Shell PLC (LSE:SHEL, NYSE:SHEL) led a broad decline among London-listed oil producers on Monday as crude prices retreated sharply from last week’s highs. Brent crude fell 6.1% to $90.87 a barrel, having climbed above $101 last week, while US West Texas Intermediate...
20th July 2026 - Fleet utilisation for June 2026 was 80%. In Brazil, Safe Eurus, Safe Notos and Safe Zephyrus operated at full capacity, delivering near 100% commercial uptime. Safe Boreas operated at near 100% utilisation offshore Australia. Safe Caledonia remained in lay-up at Scapa Flow, UK. The vessel has a contract (6 months firm plus 3 months of options) with Ithaca Energy for accommodation support at the Captain field in the UK North Sea, starting in the second quarter of 2027. “Prosafe c
BP p.l.c. (NYSE:BP) is one of the 10 integrated oil and gas companies to invest in according to hedge funds. On June 25, BP p.l.c. (NYSE:BP) entered into a Technical Services Contract with India’s flagship oil company, ONGC. According to the agreement, BP will act as a Technical Services Provider for ONGC’s Western Offshore Basin […]
With an upside potential of 31.25% according to analysts, BP p.l.c. (NYSE:BP) is among the 10 Most Promising Hydrogen and Fuel Cell Stocks According to Analysts. On June 9, BP p.l.c. (NYSE:BP) announced a new organizational structure aimed at simplifying the business, enhancing operational performance, and creating greater value for shareholders. Effective July 1, 2026, the company […]
22 June 2026 - Fleet utilisation for May 2026 was 79%. In Brazil, Safe Eurus, Safe Notos and Safe Zephyrus operated at full capacity, delivering near 100% commercial uptime. Safe Boreas operated at near 100% utilisation offshore Australia. Safe Caledonia is in lay-up at Scapa Flow, UK. The vessel has a contract (6 months firm + 3 months of options) with Ithaca Energy for accommodation support at the Captain field in the UK North Sea, starting in the second quarter of 2027. “Prosafe continues to
BP (BP) held advanced talks to sell its UK North Sea assets to Ithaca Energy in a nearly 2 billion B
Ithaca Energy PLC (FRA:XE3) reports robust cash flow and strategic expansions despite weather and regulatory challenges.
Ithaca Energy (LON:ITH) reported what executives described as a strong first quarter of 2026, with production in line with full-year guidance, robust cash generation and an outlook for shareholder returns trending toward the high end of its target range. Executive Chairman Yaniv Friedman said the c
20 May 2026 - Fleet utilisation for April 2026 was 55%. In Brazil, Safe Eurus continued to operate at full capacity in April, delivering 100% commercial uptime. Safe Zephyrus and Safe Notos both completed scheduled special periodic surveys (SPS), upgrade and maintenance work and returned to full operations. Safe Boreas operated at 100% utilisation following the start of gangway operations and the 15-month firm contract period on 3 April. Safe Caledonia is in lay-up at Scapa Flow, UK. The vessel
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