The sale of 12,2575% interest in the Brage field offshore Norway, from Vår Energi to Petrolia Noco, has been approved by the authorities and was completed on December 29, 2023.The Brage field is a late life producing asset located in the North Sea…
UK-based oil firm EnQuest has reached an agreement with Viaro Energy’s subsidiary RockRose to sell a 15% working interest in the Bressay field and the EnQuest Producer floating production, storage and offloading vessel (FPSO), both located in the UK North Sea…
Offshore drilling contractor Dolphin Drilling has signed a letter of intent for a 500-day drilling campaign with an undisclosed operator in the UK.The 500-day drilling campaign will employ semi-submersible rig Borgland Dolphin.The drilling campaign…
Hitachi Energy and Petrofac have secured a second project under a $14 billion, multi-year framework agreement with the Dutch-German transmission system operator (TSO) TenneT to expand offshore wind capacity in the North Sea.This second contract is for Nederwiek 1…
The Hollandse Kust Noord offshore wind farm, built by CrossWind, a joint venture between Shell and Eneco, has started operating in the Dutch North Sea.The Hollandse Kust Noord offshore wind farm, located 18.5 kilometers off the coast, became operational on December 20…
Offshore seismic data firm TGS has secured an Ocean Bottom Node (OBN) data acquisition contract in the North Sea.The three-month OBN data acquisition contract is for a repeat customer, according to TGS.The project's acquisition is planned to begin in the second quarter of 2024…
Offshore services firm Subsea 7 has extended an existing frame agreement with BP for subsea construction, inspection, repair and maintenance (IRM) services across the oil and gas major’s North Sea assets.This is the latest extension since the original frame agreement began in 1998…
The Dutch government, through Energie Beheer Nederland (EBN), is stepping in as an active partner in the world’s first project that aims to produce green hydrogen on an operational gas platform in the North Sea.The PosHYdon project will integrate…
Norwegian offshore vessel operator DOF Group has secured two new projects – one in the North Sea and the other in Asia Pacific region – whose combined revenue is expected to bring in $30 million to the company. The first contract for DOF covers engineering…
Oilfield services company Petrofac has signed an engineering, procurement, construction and commissioning (EPCC) framework agreement with TotalEnergies for its assets in the North Sea.Under the three-year framework, Petrofac will have the opportunity…
Oil major Shell and its partner Deltic Energy have approved the work program and budget for drilling the Pensacola appraisal well in late 2024.The Pensacola discovery, located in the UK North Sea, is estimated to contain gross P50 initially…
Norwegian Diving Contractor, SubseaPartner, won a contract for the 2024 season, work awarded by OceanInstaller for end-client Vår Energi as part of the Balder Future Project.The first phase of work encompasses engineering, planning, design, fabrication…
The volume of CO2 being injected into the North Sea by 2050 will be equivalent to the natural gas currently being extracted from the basin, according to a new report from global energy consultancy Xodus.That scale of carbon capture, utilization and storage (CCUS) will require some 100 reservoirs…
The Norwegian offshore industry safety body has launched an investigation after a person was hit by a valve block on the OKEA-operated Brage platform, offshore Norway, on Tuesday, November 21, 2023. According to the Petroleum Safety Authority of Norway (PSA)…
UK-based oil firm Serica Energy said Thursday it had agreed to acquire a 30% non-operated interest in the UK North Sea licenses P2498 and P2170 which together make up the Greater Buchan Area (“GBA”) from Jersey Oil & Gas.Completion is subject to regulatory…
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