Buchan Deep News

 

Jersey Oil & Gas, NEO Pick Development Solution for UK North Sea Oil Project

Jul 04, 2023

Jersey Oil & Gas, a UK-focused oil and gas company working to develop the Greater Buchan Area ('GBA') in the UK North Sea, said Tuesday it had finalized the development solution for the project.Jersey Oil & Gas, and NEO, soon to become the operator of the GBA licenses…

Jersey Oil & Gas Gets Buchan License Extension and Green Light for NEO Farm-out

Jun 07, 2023

UK-focused oil and gas company Jersey Oil & Gas has received an extension to the Second Term of its P2498 'Buchan' license in the UK North Sea from the North Sea Transition Authority ('NSTA').Also, the NSTA has approved Jersey Oil & Gas' request…

VIDEO: Well-Safe Solutions Installs Saturation Diving System on Well-Safe Guardian Rig

Apr 25, 2023

North Sea-focused well plugging and abandonment service provider Well-Safe Solutions has unveiled a D300 saturation diving system aboard its Well-Safe Guardian P&A rig.The custom-built dive spread, with capacity for up to 15 persons, enables…

New Aberdeen-based Energy Services Firms Eyes £100M Turnover

Apr 21, 2023

Aurora Energy Services, a newly launched, Aberdeen-based energy industry services provider, said Thursday it had acquired two long-established Scottish businesses.Namely, Aurora has acquired Huntly-based offshore services and fabrication company R&M Engineering…

JOG Targets 2026 for First Oil from Greater Buchan Area as Farm-out Deal Struck

Apr 06, 2023

UK North Sea-focused oil and gas company Jersey Oil & Gas (JOG) said Thursday it had agreed to farm out a 50% interest in the Greater Buchan Area in the UK North Sea to NEO Energy.In exchange for entering into definitive agreements to divest…

Jersey Oil & Gas in Exclusive Talks Over Greater Buchan Area Farm-out

Mar 31, 2023

UK North Sea-focused oil and gas company Jersey Oil & Gas said Friday it was in advanced exclusive negotiations with a significant UK North Sea operator over a farm-out of its interest in the Greater Buchan Alpha offshore licenses.Jersey Oil…

Deep Value Driller Contracts Scana's PSW Technology Following Saipem Deal

Feb 28, 2023

Scana's PSW Technology has won a contract with offshore drilling firm Deep Value Driller for deep-water BOP stack services. The deal comes just days after Deep Value Driller secured a contract with Saipem for its Deep Value Driller deepwater drillship…

Floating Energy Allyance Selects Ocean Infinity for Offshore Wind Farm Survey

Feb 14, 2023

Floating Energy Allyance (FEA), comprising of BW Ideol, Elicio, and BayWa r.e., has appointed Ocean Infinity to carry out an initial geophysical and geotechnical site investigation at its Buchan floating offshore wind project, 75 km to the northeast of Fraserburgh…

Ashtead Technology Buys Hiretech

Dec 06, 2022

UK-based subsea equipment rental and solutions company Ashtead Technology has acquired Aberdeenshire-based Hiretech. Hiretech is an equipment rental, service, and maintenance company serving the international offshore renewables, decommissioning…

World's First Subsidy-free Commercial Floating Wind Farm Could Be Built in Portugal

Oct 17, 2022

BayWa r.e. said Monday it had submitted a permit application for what it said would be the world’s first subsidy-free commercial floating offshore wind project off the Portuguese Coast.'BayWa r.e. is now entering the decisive phase of the official…

Aban Offshore to Sell Four Jack-ups to ADES for $106 Million

Apr 18, 2022

Indian offshore drilling contractor Aban Offshore has agreed to sell four offshore drilling rigs to ADES for $106 million in total.Aban said that its Board had, at a meeting held on March 23, approved the sale of the jack-up drilling rigs Deep Driller 2…

DOF Subsea's North Sea Decom Project Hits 99% Recycling and Repurposing Rate

Apr 06, 2022

Subsea services company DOF Subsea has recently carried out an offshore decommissioning contract for Repsol Sinopec Resources UK, achieving a 99% rate for the combined recycling and repurposing of recovered materials.The offshore works at the Buchan and Hannay fields in the UK North Sea…

Duo Launches RenQuip to Fill Energy Market's Tool Manufacturing and Equipment Rental Gap

Mar 07, 2022

Two experienced industry veterans Marc Gerrard and John Morgan have launched RenQuip Limited, a new Dyce, Aberdeen-based tool manufacturing and equipment rental company 'that will bridge the gap between the petroleum and renewables sectors.''RenQuip’s…

Offshore Mooring Firm FMS Bags Contract with P&A Specialist Well-Safe Solutions

Dec 14, 2021

Aberdeen-based offshore moorings specialist First Marine Solutions (FMS) has said it has secured a 'seven-figure' contract with offshore well-decommissioning firm Well-Safe Solutions.Under the deal, FMS will provide marine consultancy services…

Well-Safe Solutions Names Director of Strategy and Business Development

Nov 17, 2021

UK-based offshore well plug and abandonment company Well-Safe Solutions has appointed Chris Hay as Director of Strategy and Business Development.'Chris brings over 16 years of energy industry experience to Well-Safe Solutions, with the majority…

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