“We are determined to have set the right fiscal and regulatory regimes to make sure we can get the maximum possible economic extraction of oil and gas from the North Sea”, said Minister ...
The U.K. coastguard said they sent a helicopter and lifeboats from nearby towns along with "vessels with fire-fighting capability" to help with the incident in the North Sea, according to BBC.
The company’s key asset has long been the Pilot field, seen as one of the largest undeveloped discoveries in the central North Sea, with probable reserves of about 80m barrels of oil equivalent.
Fires aboard a cargo ship and a tanker which collided in the North Sea off the East Yorkshire coast have continued to burn overnight.
LONDON (AP) — A cargo ship hit a tanker carrying jet fuel for the U.S. military off eastern England on Monday, setting both vessels ablaze and sending fuel pouring into the North Sea.
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