Carbon Catalyst Limited (CCL) said Friday it had reached an agreement with Summit Energy Evolution Limited (SEEL), a subsidiary of Sumitomo Corporation, to farm out a 10% working interest in the Orion carbon storage license located in the Southern North Sea sector of the UK Continental Shelf…
Oil and gas company NEO Energy said Friday it had agreed to buy Dana Petroleum's full equity in the Western Isles FPSO in the UK. NEO Energy plans to redeploy the FPSO at the Buchan field redevelopment in the UK North Sea.The transaction is subject to the satisfaction of certain conditions…
Norwegian offshore drilling firm Odfjell Drilling said Thursday that Equinor had exercised options for seven wells to extend the use of its Deepsea Aberdeen offshore drilling rig on the Breidablikk field in the North Sea, offshore Norway.The…
The Norwegian Petroleum Directorate (NPD) has granted Neptune Energy a drilling permit for well 35/6-4 A in production license 929 in the North Sea, offshore Norway.Neptune Energy will use the Deepsea Yantai semi-submersible drilling rig to drill the wildcat well…
Britain's Octopus Energy said it has made its first investment in German offshore wind under plans to scale up its renewables activity in the world's third-largest market.Octopus Energy Generation has taken a 5% stake in Butendiek, an 80-turbine offshore wind…
Norway's state-owned Statkraft could return to the British offshore wind market, but its key focus remains Ireland, Norway and Sweden, its CEO told Reuters on Friday.'We are looking at Britain,' Christian Rynning-Toennesen said after Statkraft's third-quarter earnings presentation…
Rex International's subsidiary Lime Petroleum has entered into sale and purchase agreements with the Norwegian oil firms DNO and OKEA to acquire a stake in a Norwegian North Sea License containing the Brasse field, which is expected to start commercial production in 2027…
Norwegian oil and gas firm Equinor has discovered gas in the license containing the Gina Krog field in the North Sea, offshore Norway.'The discovery is small, but gas production can start as early as 2023,' Equinor said.The recoverable volumes…
Plexus Holdings has secured a rental contract award for Exact Adjustable Wellhead and Centric Mudline Suspension Equipment from oil and gas company Neptune Energy UK.The contract is for Adjustable Surface Wellhead Equipment and Mudline Tooling…
The British government plans to legislate to mandate annual North Sea oil and gas licensing rounds, in a move Prime Minister Rishi Sunak says would create certainty for the industry during a transition to greener energy.In July the government…
Oil major BP said Monday that production had started from the Seagull oil and gas field in the UK North Sea.Seagull has been developed by Neptune Energy as a subsea tieback to the BP-operated central processing facility (CPF) of the Eastern Trough Area Project (ETAP) in the central North Sea…
United Oil & Gas has terminated the proposed sale of a UK North Sea offshore block containing the Maria discovery after the buyer, Quattro Energy, was unable to raise the funds to complete the transaction.United Oil & Gas also said that, given…
Repsol Sinopec Resources UK Limited, an oil and gas exploration and production company operating in the North Sea, said this week that the company would be renamed Repsol Resources UK.'On 28th April 2023 it was announced that a settlement and…
Deutsche Telekom's subsidiary Power and Air Condition Solution Management (PASM), has signed a long-term power purchase agreement (PPA) with the German energy firm EnBW for power from the 960 megawatt (MW) He Dreiht offshore wind farm. Under the PPA with EnBW…
Norway's Equinor has discovered oil and gas four kilometers west of the Oseberg field in the North Sea in two separate formations, the Norwegian Petroleum Directorate said on Friday.The combined volume of crude and natural gas in the Eiriksson and Cook formations was estimated at between 2…