Aberdeen-based Oil and gas company Dana Petroleum has awarded Norway's Ocean Installer a contract for work at the Triton Area Development, located in the Central North Sea, around 190 km east of Aberdeen.According to a press release, the award…
Shares of London-listed Egdon Resources jumped on Tuesday following news that oil giant Shell farmed into Egdon's UK offshore licenses P1929 and P2304.Under the agreement, Shell will become the operator and will acquire a 70% interest in both blocks…
UAE-based oil company TAQA is set to take over operatorship over the Brae oil field in the UK sector of the North Sea from RockRose Energy.RockRose energy got hold of the licenses containing the Brae field last year, following the completion of the UK North Sea assets of the U…
Oil and gas company Neptune Energy has awarded energy services firm Three60 Energy a framework contract to deliver engineering and support services for its UK Continental Shelf portfolio.The energy services provider said Monday it would provide…
Operational production costs in the oil and gas industry have fallen across the globe, with UK emerging as a cost-cutting powerhouse among global offshore regions.Specifically, the UK North Sea has emerged as a world leader in cost-cutting thanks to increased production…
Energy giant BP has agreed a $625m deal to sell a package of North Sea assets. Premier Oil will take over the Andrew platform and BP's controlling stake in five surrounding fields, as well as its minority stake in the Shell-operated Shearwater field…
The mid-tier UK oil & gas company operating mainly in the North Sea, Serica Energy has announced an “out of round” North Sea licence award.The exploration and production firm said that its wholly owned subsidiary, Serica Energy (UK) Limited…
The international accredited registrar and classification society DNV GL has been awarded a framework agreement by the Norwegian oil and gas operator DNO ASA to provide a broad portfolio of engineering and management support and verification services to support the operator…
Norwegian multinational energy company Equinor ASA has informed that His Majesty the King will perform the official opening of the Johan Sverdrup field center on January 07, 2020.Norway’s Prime Minister Erna Solberg and the Minister of Petroleum and Energy Kjell-Børge Freiberg will also be present…
Subsea services provider Rever Offshore has successfully completed a North Sea infrastructure decommissioning project of the Greater Dunlin Area for Fairfield Energy.The subsea project delivery and execution provider to the offshore energy industry…
Energy Ministers from North Seas countries met yesterday (December 04) in Brussels and agreed their 2020 Work Program on offshore wind deployment as a means of reaching climate neutrality by 2050.The 10 North Seas Energy Cooperation countries – Belgium…
Oil and gas company Neptune Energy has awarded new drilling services contracts for its its 50 million barrel Seagull project in the UK North Sea worth a total of $40 million.US oilfield services giant Halliburton will supply equipment from its base in Arbroath for Seagull…
US-based offshore support vessel (OSV) provider Seacor Marine has decided to sell its North Sea emergency response and rescue vessel business to North Star in a move to cut costs and generate cash to support its core business.Under the terms agreed…
The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips Skandinavia AS a drilling permit for well 25/7-8 S in the western Norwegian North Sea.According to a press note from NPD, the semisubmersible Leiv Eiriksson will drill well 25/7-8 S…
Switzerland-based geotechnical data acquisition company Geoquip Marine said that its DP2 multi-purpose offshore support vessel, the Geoquip Saentis, has completed its first geotechnical campaign in the North Sea.Operations involved drilling…