Ukcs News

Premier Oil in Financing Talks with Chrysaor, Others

Sep 15, 2020

Premier Oil Plc said on Tuesday it was in talks with private-equity backed oil producer Chrysaor and several other parties on alternative deals to secure long-term debt refinancing.Premier announced on Aug. 20 that it was seeking a total of $530 million in fresh equity…

Subsea 7 Orders JDR Umbilicals for IOG's Elgood Field

Sep 15, 2020

Subsea umbilical and cable company JDR has won a contract with Subsea 7 to supply a 9.3km production and control umbilical, topside equipment and subsea terminations for the offshore Elgood field in the UK Continental Shelf.Elgood, operated by Independent Oil and Gas…

Premier Oil: Tolmount Jacket, Topside Set Sail (VIDEO)

Sep 15, 2020

London-listed oil company Premier Oil has informed that the completed jacket and topside are now en route to the company's Tolmount field in the UK sector of the North Sea.The 500 bcf field, sanctioned in 2018, had been on schedule for first gas by the end of the year…

Ithaca Energy Awards Petrofac a 5-Year North Sea Services Contract

Sep 15, 2020

The North Sea-focused oil company Ithaca Energy has signed a 5-year Integrated Services Contract with oilfield services provider Petrofac.Under the contract, Petrofac will provide engineering, construction, maintenance, and offshore manning…

Well-Safe Buys Seadrill Rig for North Sea P&A. Move to Create 100 New Jobs

Sep 14, 2020

UK-based offshore decommissioning company Well-Safe Solutions has bought Seadrill's 1993-built West Epsilon jack-up rig, in a move that the company says will create a 100 new jobs.This will be Well-Safe's second rig in the fleet following the…

Shell Starts Production from Fram Field

Sep 10, 2020

Oil major Shell has kicked off production from its Fram gas and condensate field in the UK North Sea, two years after making a final investment decision for the project.The field, discovered in 1969, is located around 221 kilometers (137 miles)…

Exploration Potential in North Sea Still Exists, Spirit Energy Says after Winning Six UK Blocks

Sep 04, 2020

Oil and gas company Spirit Energy has been awarded six new licenses in the UK North Sea as part of the UK's 32nd Offshore Licensing Round.Spirit was handed operatorship in three of the licenses; Medusa, Bucephalus and Cavendish N extension, and partnership in the remaining three…

Prosafe, Shell Agree New Terms for Safe Zephyrus Flotel Charter

Sep 03, 2020

Offshore accommodation specialist Prosafe has agreed with Shell to defer and amend the charter deal for its DP3 Safe Zephyrus semi-submersible accommodation rig.The flotel company has been hit hard by COVID-19 related cancellations and contract delays in the past months…

Premier Oil Gets Offshore Blocks Near Tolmount, Catcher Fields

Sep 03, 2020

UK-based oil and gas company has won three offshore licenses as part of the UK's 32nd Offshore Licensing Round. The round offered for award 113 license areas over 259 blocks or part-blocks to 65 companies.Premier Oil said that the blocks awarded were near its operated assets…

UK Gov't to Review Offshore Oil and Gas Licensing Policy

Sep 03, 2020

The UK government said Thursday it would review its policy on the future UK offshore oil and gas licensing regime as part of the wider aim of the country towards achieving net-zero emissions by 2050.'The review will ensure the Government has…

UK Offers 113 Offshore Oil and Gas License Areas

Sep 03, 2020

The UK oil and gas regulator Oil and Gas Authority (OGA) has offered for award 113 license areas over 259 blocks or part-blocks to 65 companies in the 32nd Offshore Licensing Round.The round offered blocks in mature, producing areas close to existing infrastructure…

Photo: Ocean Kinetics Lifts Buchan Alpha Pontoons

Sep 03, 2020

Ocean Kinetics has completed the lifting of the pontoons of the Buchan Alpha platform as part of the decommissioning program of the platform that ceased production in 2017.After some 36 years in production in the North Sea, and almost 150mm barrels of oil…

ION, Shearwater Team Up for 3D Survey in North Sea

Sep 02, 2020

Offshore seismic surveyor Shearwater GeoServices has entered a 3D seismic acquisition project with ION Geophysical for a new multi-client survey in the North Sea.The project, to be carried out by the Amazon Warrior seismic vessel, is for ION's…

DOF Subsea Wins Deal to Assist with Offshore Decommissioning Project

Sep 01, 2020

Subsea services provider and vessel operator DOF Subsea has been awarded a turnkey contract performing marine operations related to a decommissioning project by Teekay Petrojarl Floating Production.DOF Subsea said Tuesday that the contract with…

VIDEO: Pioneering Spirit Brings Ninian Northern Topside to Lerwick

Aug 31, 2020

Pioneering Spirit, one of the world's largest vessels, reached Lerwick Harbour on Friday, August 28, carrying aboard the 14,200 tonne Ninian Northern Platform topside.Prior to the arrival in Lerwick, the giant catamaran had removed the Ninian…

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