North Sea News

 

Valaris Bags Drilling Contracts in Brazil, U.S. GoM, and UK North Sea

Jan 13, 2023

Offshore drilling firm Valaris said Friday it had recently secured contracts and extensions for its offshore drilling rigs in Brazil, the U.S. Gulf of Mexico, and the UK North Sea.In Brazil, French oil company TotalEnergies exercised an extension option for the VALARIS DS-15 drillship…

Siem Offshore Nets 7-month OSCV Deal at Equinor's Hywind Tampen Floating Wind Farm

Jan 13, 2023

The Norwegian energy firm Equinor has awarded Siem Offshore a seven-month contract extension for the offshore subsea construction vessel Siem Barracuda.The extension will keep the 120.8m vessel working on Equinor's Hywind Tampen project offshore Norway…

TenneT, Petrofac, Hitachi Energy Pen Deals for 2GW Offshore Converter Stations

Jan 13, 2023

Today Dutch-German transmission system operator TenneT has signed deals with Hitachi Energy and Petrofac for early works in support of TenneT’s 2GW Program. The companies will start preparatory work and detailed engineering to ensure timely…

Three60 Energy Bags Well Engineering Services Deal with BP

Jan 12, 2023

Offshore energy industry services firm Three60 Energy has said it has secured a significant contract with the oil major BP for the provision of well engineering services across BP's global operations.The five-year Global Service Agreement, effective June 1…

Aker BP in Drilling, Well Alliances with Noble Corp, Odfjell Drilling, Halliburton

Jan 12, 2023

The Norwegian oil and gas company Aker BP said Thursday it had entered into drilling and wells alliance agreements with offshore drilling firms Noble Corporation, Odfjell Drilling, and oilfield services giant Halliburton. The jack-up rig alliance comprises Noble…

Rapid to Take Over Orcadian's Crinan, Dandy North Sea Discoveries

Jan 11, 2023

North Sea-focused oil and gas company Orcadian has entered into a non-binding Heads of Agreement with Rapid Oil Production Ltd to dispose of its interests in the Crinan and Dandy discoveries in the UK North Sea.Orcadian, which describes the Crinan and Dandy as non core assets…

Wintershall Dea Targets Record 200,000 boed Production from Norway in 2023

Jan 11, 2023

Germany's Wintershall Dea aims to produce a record 200,000 barrels of oil equivalent per day (boed) from Norwegian oil and gas fields in 2023 and will continue to expand its business there, the head of the company's Norwegian unit told Reuters…

UK North Sea: Shell Hits Gas at Pensacola

Jan 11, 2023

Oil major Shell, which is currently drilling the high-impact Pensacola well in the UK North Sea, has encountered gas at the site's reservoir and has recommended to its partners Deltic and One Dyas that a full well testing program be undertaken…

Norway Opens North Sea Area for CO2 Storage Applications

Jan 11, 2023

Norway on Wednesday announced an area in the North Sea for applications related to the injection and storage of CO2 on the Norwegian continental shelf.Minister of Petroleum and Energy Terje Aasland said there was a great interest from companies…

Norway Awards 47 Offshore Oil and Gas Exploration Licenses

Jan 10, 2023

Norway has awarded 47 new offshore oil and gas exploration permits to 25 firms in its latest mature areas licensing round, the energy minister said on Tuesday. 'Today's award is an important contribution to ensuring that Norway remains a safe and predictable supplier of oil and gas to Europe…

Orcadian Ups Recoverable Resources Estimate for North Sea Field

Jan 10, 2023

UK North Sea-focused oil and gas company Orcadian's management said Tuesday it had completed an update of its estimate of technically recoverable resources for the Pilot field, increasing it 18% to 97 MMbbl for a P50 case based upon a polymer flood development scheme…

Report: Shell Held Talks to Sell Norway Business Amid Renewable Energy Push

Jan 10, 2023

Shell held talks with Harbour Energy to sell its Norwegian oil and gas fields last year but could not reach a deal due to gas price volatility and uncertainty over the long-term outlook, three company sources told Reuters. London-based Shell…

Norwegian Petroleum Directorate Awards Seabed Mapping Contracts for Offshore Wind

Jan 10, 2023

Fugro and Enviros have secured contracts with the Norwegian Petroleum Directorate (NPD) for mapping of the shallowest strata under the seabed offshore Norway, with the objective of locating sites that are best suited for the installation of wind turbines…

Archer Buys Romar-Abrado

Jan 10, 2023

Oilfield services company Archer Limited has acquired Aberdeenshire-based firm Romar-Abrado, which offers services to the plugging and abandonment market. The acquisition is based on an enterprise value of USD 8 million, plus an earn-out pending trading performance over 2023 to 2025…

Offshore Wind: Hellenic Cables Hires Asso.Subsea for Cable Installation in Germany

Jan 09, 2023

Hellenic Cables has hired the offshore installation company Asso.subsea to move, install, and protect the 220 kV export subsea cable system that will connect the Windanker offshore wind farm to the German extra-high voltage transmission grid…

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