North Sea News

 

Double digit tax cut needed

Mar 16, 2015

UK offshore industry trade association Oil & Gas UK has called for 'urgent action' to reduce and simplify North Sea oil and gas taxation, including a double digit reduction in the Supplementary Corporation Tax on UK producers. The trade body…

Lords call for North Sea conference

Mar 16, 2015

The House of Lords EU Committee has today called for a Ministerial Conference of North Sea countries to ensure a holistic approach is developed to managing the environmental challenges and economic opportunities in the North Sea. The…

Total spuds Shango probe

Mar 16, 2015

Total has spudded exploration well 25/6-55, named Shango by partner Faroe Petroleum, in license 627 (Skirne East) in the Norwegian North Sea. Shango is on the northern part of the Utsira High about 5km from the producing Skirne field…

Coor gets Statfjord, Snorre fields contract

Mar 13, 2015

Statoil awarded Coor Service Management a US$134 million five-year contract to provide offshore facility services on the Statfjord and Snoore fields. The Statfjord A. From Statoil.   The…

Statoil stops Veslefrikk production

Mar 12, 2015

Statoil and its partners temporarily halted drilling on the Veslefrikkin field in the North Sea. The Veslefrikkin field. From Statoil. Veslefrikk lies in Norwegian North Sea block 30/3 in production license 052…

GDF Suez hits at Dalziel

Mar 12, 2015

GDF Suez E&P UK made a new discovery at the Dalziel structure in the UK Central North Sea. The Transocean Galaxy II jackup. From Transocean.  Well 22/16-6 flowed at rates in excess of 8000…

Total North Sea reinvention needed

Mar 12, 2015

A “total reinvention is the level of change that is needed” for the North Sea to move forward and continue to be competitive, energy leaders heard in northeast England yesterday (11 March).  The North Sea’s mature status, high costs,…

Bel Valves eyes new subsea facility

Mar 12, 2015

Newcaslte, England-based valve manufacturer BEL Valves is looking to set up a new £10 million subsea engineering facility for Newcastle’s Quayside. Plans for the 20,000sq ft Neptune Test Centre on the now derelict Spillers Tyne Mill site…

Ocean Installer gets more Statoil work

Mar 10, 2015

Ocean Installer signed amendments with Statoil for umbilical marine installation at the Visund field and for riser replacement at the Troll B field, both in the North Sea. Image of the Normand Vision…

Raptor to invest £1.5 million

Mar 10, 2015

Raptor Oil Ltd, a pre-revenue start-up company is to invest £1.5 million on a new research and development (R&D) project to help boost performance in the oil and gas sector.  Raptor is using proven proprietary signal processing technology…

Oil and Gas Authority chairman appointed

Mar 10, 2015

Energy Secretary Ed Davey has announced that civil servant Sir Patrick Brown will take up the role of chairperson of the North Sea's new regulator Oil and Gas Authority (OGA). Sir Patrick, former Permanent Secretary to the Department for Transport from 1991-1997…

Claxton awarded Gina Krog work

Mar 09, 2015

Statoil awarded Claxton Engineering Services a contract to supply conductor and internal centralizers to a minimum of 14 wells on the Gina Krog development, offshore Norway. Part of the Gina Krog centralizer order…

Drydocks wins Johan Sverdrup contract

Mar 09, 2015

Norway's Kvaerner has chosen Dubai-based Drydocks World to fabricate components for Statoil's Norwegian North Sea Johan Sverdrup riser platform jacket. Drydocks World will carry out the fabrication of pile clusters and floatation…

New ERRV for Statoil's Mariner

Mar 09, 2015

Statoil has chosen Sentinel Marine to provide a new multi-role emergency response and rescue vessel (ERRV) to support operations on the Mariner field on the UK Continental Shelf (UKCS). Aberdeeen-based Sentinel Marine owns and operates…

Lloyd’s completes safety work on Vette FPSO

Mar 06, 2015

Lloyd’s Register Consulting completed safety work packages for Aibel regarding an engineering and design contract for the Vette floating productions storage and offloading (FPSO) project. The safety contracts cover quantitative risk assessments…

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