North Sea News

Wintershall Nordzee Brings Online 2nd Sillimanite Well

Jun 16, 2020

Gazprom-Wintershall DEA joint venture company Wintershall Noordzee said Monday it had started gas production from D12-B2, the second well drilled in its Sillimanite offshore field.The gas field, found in June 2015, stretches across the UK and…

Acorn CSS & Hydrogen Project to Get Scottish Gov't Funding

Jun 15, 2020

The Acorn carbon capture and storage and hydrogen project in the UK North Sea will get Scottish Government funding to help drive forward Scotland’s Net Zero carbon targets by 2045. The funding is part of a five year, £62m package will be provided by a new scheme…

Solstad Offshore Lands Work for PSV Trio

Jun 12, 2020

Norwegian offshore vessel operator Solstad Offshore has won two longer-term platform supply vessel contracts, and one PSV extension.Solstad said Thursday that 'a leading North Sea operator' had awarded it contracts for two Platform Supply Vessels (PSV) for a period of six months firm plus options…

Premier Oil Agrees Deal with Creditor over Buying BP's North Sea Fields

Jun 05, 2020

Premier Oil will issue discounted shares to activist hedge fund ARCM representing 8.91% of the company to pay for North Sea assets from BP, which agreed to reduce the price, Premier said on Friday.ARCM, which owns around 15% of Premier's debt and has a large short position in its shares…

Proserv Subsea Controls for IOG's SNS Development

Jun 02, 2020

Independent Oil and Gas (IOG) has awarded Proserv a complete subsea controls system contract for IOG’s Core Project Phase 1 development in the UK Southern North Sea.IOG's Core Project Phase 1 comprises the development and production of the Southwark…

IOG Hires Petrofac for Well Management at SNS Project

Jun 01, 2020

UK-based oil and gas company Independent Oil and Gas plc (IOG),  has awarded a well management contract to Petrofac for its Core Project Phase 1 in the UK Southern North Sea.The Core Project Phase 1 will develop and bring online the Southwark…

Aker BP Cleared to Use Maersk Invincible Rig for P&A at Valhall

May 29, 2020

Norwegian oil company Aker BP has secured consent from the Petroleum Safety Authority Norway to use the Maersk Invincible jack-up rig on its Valhall field in the North Sea, offshore Norway.The consent is for the use of the Maersk Invincible…

Deme Offshore Joins Neptune's Hydrogen Project

May 29, 2020

Offshore installation contractor Deme Offshore has joined Neptune Energy's PosHYdon pilot, the world’s first offshore green hydrogen project, being developed in the Dutch North Sea.Part of the Belgian Deme Group,  the company joins as a partner…

MHI Vestas Taps DHSS for Borssele OWF Helicopter Services

May 28, 2020

Offshore wind turbine manufacturer MHI Vestas has awarded Dutch DHSS a contract to manage helicopter services for crew change flights during the installation & commissioning phase of wind turbines at the 731,5MW Borssele III/IV offshore wind project in the Dutch North Sea…

PGS Completes Shetland Survey. Moves Vessel to Barents Sea

May 28, 2020

Norwegian seismic acquisition company PGS has completed its East Shetland Basin 2020 survey using the Ramform Tethys seismic vessel.The company said Wednesday the first results of the survey would be available in August. 'PGS and the survey…

Taqa Cleared to Remove Eider Platform Topside

May 27, 2020

The UK authorities have approved Taqa's decommissioning program the Eider platform topside in the UK North SeaThe Eider platform is located in Block 211/16a in the UK Northern North Sea. The field was discovered in May 1976 by Shell / Esso with…

Low Oil Prices Could Spur Offshore Decommissioning Wave

May 25, 2020

The total value of the global pool of offshore oil and gas decommissioning projects that will accumulate through 2024 could reach $42 billion, with the North Sea region taking up the biggest chunk, most notably the UK part, energy intelligence company Rystad Energy said in a report…

Trafigura Takes a Bet with North Sea Oil

May 22, 2020

Commodities trader Trafigura has seized the moment and taken a rare dominant position in the North Sea crude market over the past two weeks as oil demand jumped, trading sources said.A combination of OPEC-led global production cuts, cheap freight rates…

Hurricane Energy Shuts Lancaster Well. Suspends Output Guidance

May 22, 2020

Hurricane Energy has shut down an offshore well at its Lancaster field in the UK as its testing to produce oil simultaneously from two wells with the aim to reach 20,000 bopd proved unsuccessful. As a result, Hurricane has backtracked on its 2020 output guidance of net 17…

TAQA Hires Archer for 21-Well P&A Campaign in UK North Sea

May 22, 2020

Oilfield services company Archer has won a contract for the provision of modular drilling unit and associated services aboard TAQA's Cormoran Alpha platform in the UK North Sea.Archer's rig has been contracted by TAQA to perform a twenty-one…

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