A group of private firms and universities from the Netherlands and the UK have been given funding to undertake a feasibility study into permanent CO2 capture and storage (CCS) in empty gas and oil fields in the North Sea. Under the Acorn CCS project…
UK-independent i3 Energy is planning to list on the AIM Market of the London Stock Exchange and raise US$50 million to fund the development of its Liberator field. The company acquired a 100% operated interest in License P.1987, Block 13/23d…
UK independent Parkmead has agreed a deal with Verus Petroleum to acquire 50% interest in North Sea License P.2209 containing the Farne Extension prospect and a further four prospective leads. The moves secures 100% interest in the license for Parkmead…
The massive, 600 MW Gemini offshore wind park has been opened offshore the Netherlands ahead of schedule and under budget. Gemini will produce 2.6 TWh of wind power every year, reducing the Netherlands’ CO2 emissions by 1.25 million tons…
First oil is flowing from Repsol Sinopec Resources UK's Shaw field, part of the firm's Montrose Area Redevelopment (MAR) in the Central North Sea. Shaw has been developed as a subsea tie-back to a new bridge-linked production platform…
A new evaluation on Hurricane Energy's Lancaster field, west of Shetland, has said the field contains 2.3 billion bbl in place, a 120% increase compared to the 2013 estimate, and attributed 2P reserves to the field for the first time. According to the Competent Persons Review (CPR)…
Faroe Petroleum has been given Norwegian Petroleum Directorate approval to drill appraisal well 31/7-2 S on the Brasse discovery. Well 31/7-2 S will be drilled using the Deepsea Bergen semisubmersible drilling rig in production license 740…
Private equity backed Azinor Catalyst has awarded a rig contract to Diamond Offshore Drilling for use of the Ocean Guardian semisubmersible rig to drill two wells in Q3 2017. The first exploration well will target the Partridge prospect…
The first modules for Statoil's UK North Sea Mariner heavy oil field topside have set sail from Daewoo Shipbuilding & Marine Engineering's yard in South Korea. The Mariner field is on the East Shetland Platform, about 95mi (150km) east of Shetland and is being developed via a production…
Just days after being lifted from the concrete legs it had stood on since 1976, Shell's Brent Delta platform arrived in one piece at Able Seaton Port, Hartlepool, on Tuesday. The journey followed the record-breaking, 24,200-tonne lift by Allseas' megavessel Pioneering Spirit…
Marathon Oil has renewed a contract for work on its three Brae platforms in the North Sea with Aberdeen-based oilfield equipment firm Archer. The contract for platform drilling, maintenance and engineering services was first signed in 1993…
Kurdistan focused operator DNO is to take over North Sea-focused Origo Exploration. DNO, which is Oslo-listed, will pick up stakes in 11 exploration and appraisal licenses in the North Sea, seven of which are on the Norwegian Continental Shelf and four on the UK Continental Shelf…
Amec Foster Wheeler’s completions and commissioning company, qedi, has signed an extension of its global Master Service Agreement with BP, which it has successfully delivered since 2012. The new contract with BP will run for two years through till December 2019…
Norway's Ministry of Petroleum and Energy has announced the Awards in Predefined Areas 2017, comprising predefined areas with blocks in the North Sea, the Norwegian Sea and the Barents Sea. The application deadline for APA 2017 is mignight on Friday 1 September 2017…
The Steam Oil Production Company has entered into a cooperation agreement with FluidOil, an independent heavy oil technology company, to explore the potential of integrating FluidOil’s Viscositor Heavy-to-Light (VHTL) oil upgrading technology into an offshore steam flooding project…