UK oil major BP is set to sell its operated interests in the Bruce, Keith and Rhum fields, including three bridge-linked platforms and subsea infrastructure in the North Sea to UK independent Serica Energy. Subject to completion of the deal…
Engineering house Wood has started its multi-million dollar, 'evergreen' contract to act as operating partner of the Scottish Area Gas Evacuation (SAGE) system and Beryl pipeline, on behalf of Ancala Midstream Acquisitions. Wood will manage the day-to-day operation of the SAGE system…
Dana Petroleum's long delayed Western Isles development has produced first oil, it's been reported. The UK North Sea development has been brough on stream using a new-build Sevan-design cylindical floating production unit (FPSO) built at COSCO's yard in China…
Well-Safe Solutions has signed its first contract after launching in July this year. The Aberdeen-based specialist well abandonment company has secured a three-year framework agreement with TAQA Bratani for the provision of intervention management services for all their North Sea assets…
Aker BP has been given approval to drill exploration well 24/9-12 S on production license 340 in the Norwegian North Sea. The well, due to spud this month, will be drilled in about 120m water depth using the Transocean Arctic semisubmersible drilling rig of the Marosso 56 type…
OMV Norge is expected to start drilling on the Hades & Iris prospect in production licence 644 in the Norwegian Sea early next month (December) following approval from the Norwegian Petroleum Directorate for well 6506/11-10. Drilling…
Hague and London Oil (Halo) gas completed the acquisition of Tullow 101 Netherlands, seeing it take over a portfolio of offshore exploration and production licenses in the Dutch North Sea. Halo says it is now a producer of more than 2500 boe/d…
Former chair and chief executive of Shell UK Sir Bob Reid is to take up a new role as non-executive director of Belltree, a specialist oil and gas consultancy based in Edinburgh. Sir Bob will advise and support Belltree with its continued growth into international markets…
Industry stalwart David Pridden (66) passed away last weekend following a battle with cancer. Pridden became the inaugural CEO of industry trade group Subsea UK in 2004, several months after the organization was formed by Government and industry…
DNV GL has secured a combined engineering services agreement with Chrysaor to deliver a unique range of services to the company in support of its North Sea operations. Chrysaor recently completed the acquisition of a package of assets in the UK North Sea from Shell for US$3 billion…
Chemicals and oil products firm INEOS, which has UK upstream assets, has awarded a two-year well testing contract to oilfield services company Expro. The contract will see Expro provide testing services for at least three wells, including two new drills and one re-entry…
Asset visualization specialists Return To Scene has won a new contract with North Sea independent Chrysaor. Return to Scene, part of James Fisher and Sons, will create photographic models of the Everest, Lomond and Armada platforms…
Statoil and its partners will invest US$122 million (NOK1 billion) in a new project to boost production from the Fram field in the Norwegian North Sea, in the Troll license area, the Norwegian major announced on 6 November. The investment…
Siccar Point Energy will sell to Dyas UK Limited its 26% equity interest in three production contract licenses covering the Jackdaw discovery in the central UK North Sea. While Jackdaw operator Shell has conducted excellent work progressing the opportunity…
Norwegian private equity-backed player Point Resources has completed its deal to buy ExxonMobil's operated stakes in the Balder, Ringhorne, Ringhorne East, Jotun and Forseti fields on the Norwegian Continental Shelf (NCS) and plans to invest US$2…