North Sea News


Ithaca Energy Wraps Siccar Point Energy Buy

7 hours ago

Ithaca Energy has completed the previously announced acquisition of the UK North Sea focused oil and gas company Siccar Point Energy.The proposed acquisition was first announced in April, when it was said that Ithaca would pay for $1.1 billion…

Deirdre Michie to Step Down as Offshore Energies UK CEO

Jul 01, 2022

Deirdre Michie OBE has decided to step down as Chief Executive of Offshore Energies UK, formerly known as Offshore Oil and Gas UK (OGUK).Michie will hand over the reins at the end of the year after almost eight years at the helm of the offshore energy industry trade body in the UK…

Vår Energi Buys Into Lime Petroleum's North Sea Blocks, Off Norway

Jul 01, 2022

Oil and gas company Lime Petroleum has signed an agreement with Vår Energi to farm down by 10 per cent, Lime’s 40 per cent interests in licenses PL820 S and PL 820 SB in the North Sea.Lime had on April 14, 2022 signed an agreement to acquire MOL Norge 40 per cent interests in the said licenses…

Repsol Sinopec Names VP Decommissioning and Energy Transition

Jul 01, 2022

Repsol Sinopec has appointed Adam Sheikh as Vice President (VP) Decommissioning and Energy Transition.The newly created role sits on Repsol Sinopec’s Executive Management Team (EMT), reporting to CEO Jose Luis Muñoz.Sheikh, whose most recent EMT role was VP Business Projects…

Seajacks to Assist with Hook-up and Commissioning of Dogger Bank Substations

Jun 30, 2022

Offshore installation contractor Seajacks said Wednesday it had signed three new contracts for work on the 3.6GW Dogger Bank wind farm in the UK.Dogger Bank will use one of the Seajacks self-propelled NG2500X class jack-up vessels to accommodate…

Octopus Energy Generation Buys Borssele V Offshore Wind Farm

Jun 29, 2022

A consortium of sellers, including Van Oord, has sold its shares in the Borssele V innovation offshore wind farm to Octopus Energy Generation, one of the largest renewable energy investors in Europe. Designated an innovation site, the Borssele…

Strohm Delivers TCP Risers for Shell's North Sea Asset

Jun 28, 2022

Thermoplastic composite pipe manufacturer Strohm said Tuesday it had supplied Shell with a static Thermoplastic Composite (TCP) Riser to support operations at one of its Southern North Sea assets.'The availability of TCP through Strohm’s “TCP…

TGS to Reprocess Greater Catcher Area Seismic Data

Jun 28, 2022

Norwegian marine seismic data acquisition and processing firm TGS on Tuesday announced a new seismic reprocessing project 'designed to secure exploration success in the Western Margins of the Central North Sea.'This project will see the reprocessing of 3…

Exceed, Mermaid Win Multi-well, Multi-operator UKCS P&A Work

Jun 27, 2022

Well management firm Exceed has, in partnership with Mermaid Subsea Services UK, secured a vessel-based well plugging and abandonment campaign to be carried out on behalf of four operators on the UK continental shelf.Exceed said this was the company’s largest vessel-based well P&A campaign to date…

BP Pays $127M in 2021 Tax for UK North Sea Oil and Gas Output

Jun 24, 2022

BP paid $127.3 million in taxes and fees to the British government in 2021 for its oil and gas production in the North Sea, according to a company report.The figure compares with a net tax refund of $42.3 million the previous year, according…

Noble Corp. Finds Buyer for Five North Sea Rigs, Paving Way for Maersk Drilling Merger Completion

Jun 23, 2022

Noble Corporation has found a buyer for five jack-up rigs in a move that could alleviate concerns raised by the UK Competition and Markets Authority.Namely, the CMA said in April it had found that Noble Corp. and Maersk Drilling merger - first…

Alternative Power Sources Could Eliminate 87% of Emissions from Offshore Oil and Gas Platforms - Study

Jun 23, 2022

Alternative power sources might cut emissions on offshore oil and gas platforms by up to 87 percent, and cost-effectively at that.This is according to the winners of a Platform Electrification competition launched in September 2021 by what was then called the Oil and Gas Authority (The OGA)…

UK Gov't 'Fleshing out details' on North Sea Oil & Gas Windfall Tax

Jun 23, 2022

The British government is still 'fleshing out details' of a special tax on North Sea oil and gas producers announced last month, energy minister Kwasi Kwarteng told a conference on Thursday.Finance minister Rishi Sunak is due to meet with executives…

Semco Maritime Develops Pumping System for Danish CO2 Storage Project

Jun 20, 2022

The Danish company Semco Maritime said Monday it had developed a new pumping system design allowing subsea CO2 storage in the North Sea in connection with Project Greensand.The mission of the project is to store CO2 in the Danish part of the…

Current News

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