North Sea News


Ferguson bought by Brambles

Sep 09, 2014

Australian supply chain logistics group Brambles is to acquire Aberdeenshire-based Ferguson Group for an enterprise value of £320 million (US$545 million) expanding its container business. Ferguson Group provides container solutions to the offshore oil and gas sector…

Expro lands Quad 204 deal

Sep 09, 2014

Expro has landed a major subsea contract with BP for the Quad 204 project, west of Shetland in the UK North Sea. The seven-year multi-million dollar contract will see Expro provide its latest design vertical xmas tree landing string for the installation of BP’s subsea completions…

Dry well for Det norske

Sep 09, 2014

Det norske oljeselskap ASA has hit another dry well in the Norwegian sector of the North Sea.  The wild cat well on the Kvitola prospect was the first well drilled in production license (PL) 553.  The duster on Kvitola follow on from Det norske's dry well on the Heimdalshø prospect…

Tullow continues North Sea sale

Sep 05, 2014

Tullow Oil announced that its subsidiary Tullow Exploration & Production has agreed to sell its operated and non-operated L12/L15 block interests and non-operated Q4 and Q5 block interests to AU Energy, a subsidiary of Mercuria Energy Group…

Veolia decommissioning doomed Yme platform

Sep 04, 2014

Veolia won a contract to decommission the 14,000-tonne Yme oil platform in the Norwegian North Sea. The doomed Talisman Yme will be removed and towed in a single lift from its current North Sea location and be moved to Lutelandet in South West Norway to be dismantled by Veolia…

Iona plans growth spurt

Sep 03, 2014

Canada-based, North Sea-focused independent exploration firm Iona Energy has appointed two industry veterens to its ranks and said it plans to go on the acquisition trail as part of growth plans. Former Ithaca Energy CEO Iain McKendrick…

Production ends at Huldra

Sep 03, 2014

Statoil is ceasing production on its Huldra platform today (September 3), the company announced. Huldra is the first gravity-based Statoil-operated installation in the North Sea to be shut down permanently. The platform, in production license (PL) 051/052…

New SPE Aberdeen chairman

Sep 03, 2014

The Society of Petroleum Engineers (SPE) Aberdeen Section has appointed Ross Lowdon (pictured) as chairman. Lowdon takes over from Anthony Onukwu and will hold the chairmanship until September 2015. Read more: Anthony Onukwu reflects on 40 years' of SPE Aberdeen…

Statoil calls for Lego-style subsea future

Sep 02, 2014

Less than a week after its CEO Helge Lund called for the industry to develop a Lego-approach Statoil has announced it is working with DNV GL to introduce an international industry standard for subsea process technology. Lund was speaking at the ONS 2014 exhibition and conference in Stavanger…

Hess contracts Magseis for OBS

Sep 01, 2014

Norway's Magseis has been awarded a contract by Hess Denmark for seabed seismic acquisition in the southern part of the North Sea using the company’s proprietary MASS system and the Artemis Athene. The duration of the contract is estimated…

Ex-Centrica boss leads new outfit

Sep 01, 2014

Former Centrica Energy Upstream managing director Jonathan Roger is to lead a new North Sea oil and gas exploration company backed by Blue Water Energy and Blackstone Energy Partners.  Blue Water Energy and Blackstone Energy Partners…

Lundin spuds Vollgrav South probe

Sep 01, 2014

Lundin Petroleum has started drilling exploration well 33/12-10 S on the Vollgrav South prospect, 250km west of Florø, between the Gullfaks and Statfjord fields, in production license 631. The main objective of well 33/12-10 S is to test…

North Sea drilling on the up?

Sep 01, 2014

From a peak of 396 in 1996, numbers of wells drilled offshore UK fell to 164 in 2013, a low not seen since 1979. Development wells were down from 289 in 1998, to 120 in 2013. Exploration and appraisal drilling, on which offshore production ultimately depends…

BG joins POS-GRIP JIP

Sep 01, 2014

BG International, a subsidiary of BG Group, has signed up as the sixth major oil and gas consulting partner to Plexus Holding's on-going joint industry project (JIP).   The JIP’s objective is to develop and commercialise a new and safer subsea wellhead HGSS…

Closed-loop drilling

Sep 01, 2014

An in-depth look at NOV’s closed-loop drilling automation system, which could help develop North Sea and Arctic assets. Automation is a growing force in the offshore oil and gas industry. Its potential to increase safety, optimize operations…

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