North Sea News

CrossWind Hires Van Oord for 759 MW Offshore Wind Farm Construction

Jul 30, 2020

Dutch offshore services giant Van Oord has won a construction contract for the Hollandse Kust (noord) offshore wind farm from CrossWind.The contract follows the announcement on Wednesday that CrossWind, a Shell-Eneco JV, had won a tender to…

Spirit Energy Extends North Sea Field's Life by Three Years

Jul 29, 2020

North Sea oil and gas operator Spirit Energy has given its York offshore gas field a new lease of life with an additional £13million (USD 16.8 million) investment. With the investment, Spirit will extend the life of the Southern North Sea offshore gas field by three years…

Olympic Taps Ampelmann for W2W Gig at Ithaca's FPF-1 Platform

Jul 29, 2020

Dutch offshore gangway specialist Ampelmann has won a contract with offshore vessel owner Olympic Shipping to support topside commissioning work on Ithaca Energy’s FPF-1 semi-submersible production platform in the UK North Sea.Ampelmann E-type gangway system…

CGG, Magseis Fairfield Secure Pre-funding for North Sea Survey

Jul 29, 2020

Oslo-listed seismic survey company Magseis Fairfield has together with its partner CGG secured pre-funding from another oil major for the extension of the OBN Cornerstone multi-client survey in the North Sea.Magseis Fairfield did not say who the oil major was…

Premier Oil Signs Deal to Buy BP's North Sea Assets at Discount

Jul 20, 2020

UK-based oil company Premier Oil has signed a sale and purchase agreements (“SPAs”) with BP for the acquisition of BP’s interests in the Andrew Area and its Shearwater assets, under revised terms announced in June.The two companies had in January…

Shell CEO: No V-Shaped Recovery After COVID-19

Jul 16, 2020

The global economy will not achieve a V-shaped recovery after the coronavirus epidemic, which will curtail oil and gas demand for years, Royal Dutch Shell's chief executive said.Ben van Beurden told an online interview with IHS Markit Chairman…

Total Looking to Sell Stake in North Sea Pipeline

Jul 15, 2020

French energy company Total is seeking to sell its 25.7% stake in the Shearwater Elgin Area Line (SEAL) natural gas pipeline in the British North Sea, industry sources said.The sale could raise about $200 million, one of the sources said.Total…

Odfjell Drilling Takes Over Drilling and Maintenance at Ekofisk

Jul 15, 2020

Norwegian drilling contractor Odfjell Drilling has taken over platform drilling and maintenance operations at ConocoPhillips' Ekofisk Area in the North Sea, offshore Norway.The move follows a contract signed between the two parties in December…

OKEA Buys Aurora Discovery from Equinor. Eyes Gjøa Tie-in

Jul 15, 2020

Norwegian oil company OKEA has agreed to buy Equinor's stake in the Aurora gas discovery in the North Sea, offshore Norway for an undisclosed amount.OKEA will acquire Equinor’s 40% operated working interest in PL195 and PL195 B, which contain the Aurora discovery…

Rever Offshore Wraps Electrical Diagnostics Gig for Serica in North Sea

Jul 13, 2020

UK-based subsea services provider Rever Offshore has said it has completed a contract awarded by Serica Energy for work at the Rhum field in the North Sea.Throughout the two-week campaign, Rever Offshore deployed the multi-purpose dive support and offshore construction vessel…

UK Firm Offers to Test Offshore Rig Surfaces for COVID-19

Jul 10, 2020

UK-based consultancy and quality assurance company Intertek has launched a service aimed at testing surfaces on offshore rigs and platforms for the presence of COVID-19.Intertek has said that initial studies have shown that the virus that causes…

Fraser Well Management Launches Well Operatorship Division

Jul 08, 2020

UK-based well engineering firm Fraser Well Management (FWM) has launched a new well operatorship division.'The new product line marks an evolution for the established well engineering and management specialist and aims to provide end-to-end…

On this Day in 1988: Offshore Industry's Deadliest Disaster

Jul 06, 2020

Thirty-two years ago, on July 6, 1988, one of the offshore oil and gas industry's worst-ever disasters struck  - the explosion of the Piper Alpha platform in the UK North Sea. To this day, the disaster is the worst ever in the industry by the numbers of lives-lost…

Viaro Launches Takeover Bid for North Sea Player RockRose

Jul 06, 2020

Viaro Energy, a subsidiary of the commodities trading firm Viaro, has launched a takeover bid for the North Sea-focused oil and gas company RockRose Energy.Viaro is offering 1,850 pence in cash for each RockRose share, which is a premium of…

Israel's Delek Swings to Big Loss on North Sea Business Impairment

Jul 01, 2020

Israeli conglomerate Delek Group swung to a big first-quarter loss as a fall in oil prices brought an impairment at its North Sea operations, Ithaca Energy.Delek has been hard hit by the global coronavirus crisis and a drop in oil prices and…

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