North Sea News


Northern Lights JV in Yara CO2 Subsea Storage Deal

Aug 29, 2022

Norwegian carbon dioxide (CO2) storage company Northern Lights and its owners have agreed to store emissions captured at fertilizer maker Yara's Dutch operation from 2025 in what they say is a commercial breakthrough for the business.The joint venture…

Norway: Valhall Platform Module Deal Goes to Rosenberg Worley, Potentially Creating 1000 Jobs

Aug 26, 2022

Norwegian oil and gas company Aker BP and its alliance partner, engineering and construction firm Aker Solutions, have awarded Rosenberg Worley a letter of intent for the construction of two modules for the new central platform on the Valhall field in the North Sea…

NSNR Taps Shearwater for Devil’s Hole Horst Prospect Survey

Aug 26, 2022

Marine seismic survey contractor Shearwater GeoServices has won a contract for a 3D survey of the Devil’s Hole Horst prospect in the UK North Sea by North Sea Natural Resources (“NSNR”).The towed streamer survey covers approximately 1,586 sq km and will be carried out by the SW Bly vessel…

Neptune Energy Finds Oil at Ofelia Well Near Gjøa Platform

Aug 26, 2022

Oil and gas company Neptune Energy said Friday it had made a new commercial discovery at the Ofelia exploration well, near the Gjøa field in the Norwegian part of the North Sea. The plan is to develop the discovery as a tie-back to the Gjøa platform…

New Decommissioning Hub in Aberdeen to Create Up to 50 New Jobs

Aug 25, 2022

CessCon Decom,  a Scotland-based firm specializing in decommissioning of oil and gas structures, plans to launch a decommissioning hub at the Port of Aberdeen’s £400 million South Harbour expansion in Q3 2022, creating up to 50 new jobs.The…

UK: Unite Ballots Offshore Drilling Crews on Strike Action

Aug 24, 2022

UK's workers' union Unite said Monday it would ballot over 300 offshore drilling and contract maintenance workers covered by the United Kingdom Drilling Contractors Association (UKDCA) on strike action.The ballot, which opened Monday and closes on September 27…

UK Energy Security: Neptune Energy Starts Infill Drilling Campaign at Cygnus Field

Aug 24, 2022

Oil and gas company Neptune Energy has started an infill drilling campaign at its operated Cygnus gas field in the southern North Sea, off the UK, with the potential to unlock enough gas to heat an additional 200,000 UK homes per year from this winter…

Greater Balder Area: Vår Energi Increases Norwegian North Sea Foothold

Aug 15, 2022

Norwegian oil and gas company Vår Energi said Monday it had acquired 30% ownership in production licenses (PL) 820S and 820 SB north of the Balder field in the North Sea from Lime Petroleum, Pandion Energy, and Lundin Energy Norway AS (now Aker BP)…

Norway: Lime Buys Into Repsol's Yme Offshore Oil Field

Aug 11, 2022

Lime Petroleum, a subsidiary of Rex International Holding, has agreed to buy a 10 percent stake in the Yme oil field in the North Sea, offshore Norway, from Kuwait’s KUFPEC. Rex said Lime would pay post-tax fee $68.053 million (about NOK 633 million)…

Report: Shell Launches Sale of North Sea Cambo Oil Project

Aug 11, 2022

Shell has launched a sale process for its 30% stake in the Cambo oil prospect in the British North Sea, potentially paving the way for the field's controversial development, industry sources said on Thursday.The London-based company hired investment…

Trell & Trine Project: Aker BP Awards 'Sizeable' Contracts to Aker Solutions, Subsea 7

Aug 11, 2022

Norwegian offshore engineering and construction company Aker Solutions, and offshore installation firm Subsea 7, have won 'sizeable' contracts from Aker BP to assist with the development of Trell & Trine offshore discoveries, located in the Alvheim area of the North Sea…

Crown Estate Scotland Opens Process to Cut UK North Sea Oil and Gas Emissions

Aug 10, 2022

Crown Estate Scotland opened on Wednesday the registration window for an offshore wind leasing process that aims to lower emissions from Britain's North Sea oil and gas production.The public corporation's Innovation and Targeted Oil and Gas…

Unite Ballots Shell’s Offshore Medics on Strike Action Over Pay

Aug 09, 2022

The UK-based offshore trade union Unite said Monday that medics who work on Shell platforms would be balloted for strike action following the rejection of a real terms cut pay.Unite said it represented more than a dozen workers employed by United…

Seaway 7 to Start Early Works on Moray West Offshore Wind Farm Cables

Aug 08, 2022

Seaway 7, a company specializing in offshore renewable energy installation services, said Monday it had signed a letter of award to start early work related to the installation of inter-array grid cables for the Moray West offshore wind farm in the UK North Sea…

UKCS Decom Cost Reduction Falling Short

Aug 04, 2022

The UK's North Sea Transition Authority (NSTA, formerly Oil & Gas Authority) says an estimate of the total cost of decommissioning UK Continental Shelf (UKCS) oil and gas infrastructure fell just 2% last year. The drop, following a 4% reduction the year before…

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