North Sea News


Sumitomo's Subsidiary to Take Stake in UK North Sea Carbon Storage License

Nov 17, 2023

Carbon Catalyst Limited (CCL) said Friday it had reached an agreement with Summit Energy Evolution Limited (SEEL), a subsidiary of Sumitomo Corporation, to farm out a 10% working interest in the Orion carbon storage license located in the Southern North Sea sector of the UK Continental Shelf…

NEO Energy to Redeploy Western Isles FPSO for Buchan Field Project

Nov 17, 2023

Oil and gas company NEO Energy said Friday it had agreed to buy Dana Petroleum's full equity in the Western Isles FPSO in the UK. NEO Energy plans to redeploy the FPSO at the Buchan field redevelopment in the UK North Sea.The transaction is subject to the satisfaction of certain conditions…

Odfjell Drilling's Offshore Rig Secures $138M Contract Extension with Equinor

Nov 16, 2023

Norwegian offshore drilling firm Odfjell Drilling said Thursday that Equinor had exercised options for seven wells to extend the use of its Deepsea Aberdeen offshore drilling rig on the Breidablikk field in the North Sea, offshore Norway.The…

Neptune Energy Gears Up for November Start on North Sea Wildcat

Nov 15, 2023

The Norwegian Petroleum Directorate (NPD) has granted Neptune Energy a drilling permit for well 35/6-4 A in production license 929 in the North Sea, offshore Norway.Neptune Energy will use the Deepsea Yantai semi-submersible drilling rig to drill the wildcat well…

Britain's Octopus Makes First Investment in German Offshore Wind

Nov 13, 2023

Britain's Octopus Energy said it has made its first investment in German offshore wind under plans to scale up its renewables activity in the world's third-largest market.Octopus Energy Generation has taken a 5% stake in Butendiek, an 80-turbine offshore wind…

Norway's Statkraft May Return to British Offshore Wind

Nov 10, 2023

Norway's state-owned Statkraft could return to the British offshore wind market, but its key focus remains Ireland, Norway and Sweden, its CEO told Reuters on Friday.'We are looking at Britain,' Christian Rynning-Toennesen said after Statkraft's third-quarter earnings presentation…

Norway: Lime Petroleum to Farm Into North Sea Oil & Gas Field

Nov 07, 2023

Rex International's subsidiary Lime Petroleum has entered into sale and purchase agreements with the Norwegian oil firms DNO and OKEA to acquire a stake in a Norwegian North Sea License containing the Brasse field, which is expected to start commercial production in 2027…

Equinor Makes Small But Commercial Gas Discovery in North Sea, Offshore Norway

Nov 06, 2023

Norwegian oil and gas firm Equinor has discovered gas in the license containing the Gina Krog field in the North Sea, offshore Norway.'The discovery is small, but gas production can start as early as 2023,' Equinor said.The recoverable volumes…

Plexus to Provide Equipment for Neptune Energy's North Sea Well Abandonment Project

Nov 06, 2023

Plexus Holdings has secured a rental contract award for Exact Adjustable Wellhead and Centric Mudline Suspension Equipment from oil and gas company Neptune Energy UK.The contract is for Adjustable Surface Wellhead Equipment and Mudline Tooling…

UK to Legislate for Annual North Sea Oil and Gas Licence Rounds

Nov 06, 2023

The British government plans to legislate to mandate annual North Sea oil and gas licensing rounds, in a move Prime Minister Rishi Sunak says would create certainty for the industry during a transition to greener energy.In July the government…

Production Starts from Seagull North Sea Oil and Gas Field

Nov 06, 2023

Oil major BP said Monday that production had started from the Seagull oil and gas field in the UK North Sea.Seagull has been developed by Neptune Energy as a subsea tieback to the BP-operated central processing facility (CPF) of the Eastern Trough Area Project (ETAP) in the central North Sea…

UK North Sea Discovery Sale Cancelled as Buyer Fails to Raise Funds

Nov 03, 2023

United Oil & Gas has terminated the proposed sale of a UK North Sea offshore block containing the Maria discovery after the buyer, Quattro Energy, was unable to raise the funds to complete the transaction.United Oil & Gas also said that, given…

Repsol Sinopec Resources UK Changes Name

Nov 03, 2023

Repsol Sinopec Resources UK Limited, an oil and gas exploration and production company operating in the North Sea, said this week that the company would be renamed Repsol Resources UK.'On 28th April 2023 it was announced that a settlement and…

Deutsche Telekom's PASM Signs Deal with EnBW for Offshore Wind Power Purchase

Nov 03, 2023

Deutsche Telekom's subsidiary Power and Air Condition Solution Management (PASM), has signed a long-term power purchase agreement (PPA) with the German energy firm EnBW for power from the 960 megawatt (MW) He  Dreiht offshore wind farm. Under the PPA with EnBW…

Equinor Discovers Oil and Gas in North Sea Offshore Norway

Nov 03, 2023

Norway's Equinor has discovered oil and gas four kilometers west of the Oseberg field in the North Sea in two separate formations, the Norwegian Petroleum Directorate said on Friday.The combined volume of crude and natural gas in the Eiriksson and Cook formations was estimated at between 2…

Current News

Welsh Port Steps Closer to Becoming Floating Wind Hub

Baker Hughes: US Drillers Cut Oil and Gas Rigs for Second Week In A Row

Seaway7 Gets Baltica 2 Offshore Wind Job

First Gas Export to Denmark from Tyra II Expected Today

Subscribe for OE Digital E‑News