Norway's oil production exceeded an official forecast by 5.4% in September while gas lagged by 1.9%, the Norwegian Offshore Directorate (NOD) said on Tuesday.Norway is Europe's largest supplier of natural gas and a major producer of oil, but…
The cost of Aker BP's major ongoing oil and gas development projects, Yggdrasil and Valhall-Fenris, has risen by 32% and 25% respectively from nominal estimates a year ago, Norway's budget proposal showed on Wednesday.The Yggdrasil project,…
Serica Energy has signed an agreement to acquire the entirety of BP’s stake in the P111, which contains the Culzean gas field, and P2544 licenses in the U.K. Central North Sea, in a deal valued at $232 million, marking a major expansion of its gas portfolio…
BP has put its Murlach field in the U.K. North Sea into production, marking its sixth major project start-up in 2025.The two-well subsea tieback at Murlach adds a peak net production of around 15,000 boed to the BP-operated Eastern Trough Area Project (ETAP) in the central North Sea…
Norwegian oil and gas company Vår Energi has achieved increase in both production as well as recoverable volumes from the Gjøa field, following the start-up of the Gjøa low pressure project.The project has modified the compressor systems on the Gjøa platform…
Heerema Marine Contractors has secured a decommissioning contract by BP for the Engineering, Preparation and Removal (EPR) of the Andrew platform’s topside and jacket.The scope includes the removal, transport and offloading of the topside, comprising the Flare and Kinnoull Module…
TotalEnergies, through its affiliate TotalEnergies E&P Denmark, has sold part of its stake in the Bifrost carbon capture and storage (CCS) project to CarbonVault, the Danish affiliate of the German cement producer SCHWENK.Under this agreement…
The Norwegian Offshore Directorate (NOD) has granted Harbour Energy a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 35/8-8 S in production license 248 LS and 248 B.The license is operated by Harbour Energy with 60% working interest…
Oner and developer of large-scale midstream oil and gas infrastructure North Sea Midstream Partners (NSMP) has received first gas from Shell’s Victory field in the UK North Sea.The start-up of the Victory field marks the first new gas from the…
A new joint venture (JV) between THREE60 Energy and AF Offshore Decom (AFOD), a subsidiary of AF Gruppen, has been awarded a multi-million-dollar contract by BP to provide integrated decommissioning services for its Andrew field in the North Sea…
Serica Energy has agreed to acquire Prax Upstream, expanding its portfolio of U.K. North Sea oil and gas assets and boosting its reserves, resources and production base.Serica Energy signed a sale and purchase agreement to acquire 100% of the…
Ocean services provider DeepOcean has been awarded a SIMOPRO – simultaneous marine operation and production – installation contract by Equinor on the Norwegian continental shelf.DeepOcean’s scope of work entails SIMOPRO installation work on both the Åsgård and Visund fields…
Shell has started production from the Victory gas field in the UK North Sea, located approximately 47 km north-west of the Shetland Islands.Shell is the full owner and operator of the field, whose peak production is estimated at around 150 million standard cubic feet per day of gas…
The Norwegian Offshore Directorate (NOD) has granted consent for the start-up of a tie-in from the Equinor-operated Troll B platform in the North Sea to the Kvitebjørn gas export line.The tie-in will help reduce the decline in gas production in upcoming years…
North Sea-focused oil producer stuck to its full-year production forecast on Wednesday encouraged by its operational strength, despite reporting a first-half post-tax loss due to lower output and higher taxes.The company, like its peers, is…