North Sea News


Offshore Energy Industry's Best Celebrated at 2023 Offshore Achievement Awards

Mar 17, 2023

The winners of the 2023 Offshore Achievement Awards were revealed Thursday at the annual Offshore Achievement Awards dinner in Aberdeen.According to the organizers, around 400 guests celebrated the 'exceptional achievements and outstanding performance' of companies and individuals in the offshore energy industry at a black-tie ceremony hosted by actress Sally Phillips, held at the P&J Live in Aberdeen…

NATO's Stoltenberg, EU's von der Leyen Travel to North Sea Platform

Mar 17, 2023

The heads of NATO and the European Commission flew on Friday to a North Sea platform bigger than the Eiffel Tower in a visit underlining Norway's importance for gas supplies since Russia's invasion of Ukraine.The Troll A platform extracts gas from Norway's biggest gas field…

DOF Secures Long-term Platform Supply Vessel Deal in UK

Mar 16, 2023

Oslo-listed offshore vessel owner DOF has secured a new four-year firm contract for the platform supply vessel Skandi Gamma with UK-focused oil company Ithaca Energy.The contract for the 2011-built PSV also includes two 1-year extension options…

Equinor Makes 'Commercially Interesting' Offshore Oil and Gas Discovery in Norway

Mar 14, 2023

Norwegian oil and gas firm Equinor has made an oil and gas discovery near its Troll field in the North Sea, offshore Norway.The company said this was its eighth discovery in the area since 2019. According to Equinor, the volumes discovered are…

Aker BP Starts Production from North Sea Oil Field

Mar 14, 2023

Norwegian oil company Aker BP has started production from the Frosk field development in the  Alvheim area, offshore Norway.The Frosk field is tied back to Alvheim FPSO in the North Sea via existing subsea infrastructure. The field, discovered in 2019…

Britain's Tax Take Risks Blowing Green Energy Off Target

Mar 13, 2023

A cap on revenue and the lack of the kind of incentives offered to oil explorers are blocking the development of renewable energy in Britain, say industry officials who are pressing for changes ahead of this week's budget.The British government has set targets for major increases in wind generation…

Harbour Energy Plans Share Buyback after Cashflow Triples, Windfall Tax Weighs

Mar 10, 2023

Harbour Energy, Britain's largest oil and gas producer, said on Thursday it will conduct a $200 million share buyback, after higher oil prices helped free cashflow triple to $2.1 billion but windfall taxes weighed on its profit. After Britain…

Project Greensand: First CO2 Injected in Depleted Oil Field in Danish North Sea

Mar 08, 2023

Denmark's Crown Prince Frederik inaugurated on Wednesday what has been described as 'a world first' with the injection of carbon dioxide into a depleted oil field in the Danish North Sea as part of Project Greensand.The CO2 was captured at an INEOS Oxide site in Belgium…

The Crown Estate and Crown Estate Scotland Survey Industry on Carbon Capture Utilisation and Storage

Mar 07, 2023

The Crown Estate and Crown Estate Scotland have started the first round of formal engagement with developers on Carbon Capture Utilisation and Storage (CCUS). The two organizations, one responsible for the seabed around England, Wales, and Northern Ireland…

Hobson & Porter to Extend RWE's Grimsby Hub Offshore Wind Base

Mar 03, 2023

German renewable energy firm RWE has appointed Humber-based firm Hobson & Porter to complete the construction of its new offshore wind operations and maintenance facility known as the Grimsby Hub. The contract includes an extension to the existing…

Offshore Crews to Strike on BP's North Sea Platforms, Union Says

Mar 03, 2023

Nearly 50 offshore crane operators, crane maintainers, lifting personnel, and deck crew working on BP’s offshore platforms in the UK North Sea have backed a strike action over pay, workers' union Unite said Friday.According to Unite workers…

NKT Secures Record-breaking High-Voltage Power Cable Deals in Dutch North Sea

Mar 03, 2023

Offshore cable firm NKT has secured three turnkey high-voltage power cable projects for the IJmuiden Ver and Nederwiek offshore wind zones in the Netherlands. The company said the projects have a combined order value of approximately EUR 2 billion…

Equinor to Buy Suncor Energy UK in $850M Deal

Mar 03, 2023

Equinor said on Friday it would acquire the British oil and gas business of Canada's Suncor Energy SU.TO for $850 million, giving the Norwegian company stakes in several key North Sea petroleum assets.Equinor said the deal includes a 29.9% stake in the Buzzard oilfield…

Aker BP's Exploration Well in North Sea Proves Dry

Mar 02, 2023

The Norwegian oil and gas company Aker BP has drilled a dry well in the production license 1141, in the North Sea, offshore Norway.The exploration well 16/1-35 S was drilled about 6.5 kilometers west of the Edvard Grieg field in the central part of the North Sea and 208 kilometers west of Sandnes…

Vestas to Supply 15MW Turbines for 1.6 GW Offshore Wind Farm Cluster in Germany

Feb 28, 2023

RWE and Northland Power have selected wind turbine maker Vestas as the preferred supplier for their up to 1.6-gigawatt (GW) cluster consisting of four offshore wind farm sites in the German North Sea.A minimum of 104 15 MW Vestas offshore wind turbines (Type: V236-15…

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