Nearly 100 applications covering 239 blocks were made by 68 companies in the 30th offshore licensing round on the UK Continental Shelf, the Oil and Gas Authority (OGA) has revealed. Applications came from companies ranging from multinationals to new country entrants…
Chemicals and oil products group Ineos' subsidiary Ineos UK SNS has agreed to acquire a majority stake in two West of Shetland exploration licenses from Siccar Point Energy. The area, called the Northern Gas Fields, contains the estimated 1-3 Tcf recoverable Lyon prospect…
UK oil major BP is set to sell its operated interests in the Bruce, Keith and Rhum fields, including three bridge-linked platforms and subsea infrastructure in the North Sea to UK independent Serica Energy. Subject to completion of the deal…
Wintershall and its partners have been given the green light to start production next month from the Maria field in the Norwegian Sea. Maria development. Source: Wintershall. The development…
Engineering house Wood has started its multi-million dollar, 'evergreen' contract to act as operating partner of the Scottish Area Gas Evacuation (SAGE) system and Beryl pipeline, on behalf of Ancala Midstream Acquisitions. Wood will manage the day-to-day operation of the SAGE system…
Dana Petroleum's long delayed Western Isles development has produced first oil, it's been reported. The UK North Sea development has been brough on stream using a new-build Sevan-design cylindical floating production unit (FPSO) built at COSCO's yard in China…
Norway's Siem Offshore says it's in negotiations with a potential buyer for its Siem Offshore Contractors cable lay business as it prepares for 'an extended downturn in the offshore supply market.' The firm is trying two separate moves to improve its finances…
Well-Safe Solutions has signed its first contract after launching in July this year. The Aberdeen-based specialist well abandonment company has secured a three-year framework agreement with TAQA Bratani for the provision of intervention management services for all their North Sea assets…
Aker Solutions has won a contract to provide umbilicals for the Statoil-operated Johan Sverdrup, Utgard and Bauge developments offshore Norway. The order entails delivery of a total of more than 40km of subsea umbilicals. 'By combining…
OMV Norge is expected to start drilling on the Hades & Iris prospect in production licence 644 in the Norwegian Sea early next month (December) following approval from the Norwegian Petroleum Directorate for well 6506/11-10. Drilling…
Repsol Norge is moving forward with a new attempt to develop the Yme field offshore Norway. The firm has awarded a contract to Maersk Drilling for use of the combined drilling and production jackup Mærsk Inspirer for five years, with a five-year extension…
Noble Energy has chosen Gate Energy to provide facility commissioning for the Leviathan platform offshore Israel. The scope includes topside commissioning planning, onshore commissioning execution and offshore commissioning services of the production platform…
Workers at a fabrication yard in Scotland will continue working without pay so that their employer can complete a contract, according to the BBC. Burnt Island Fabrications, or BiFab, in Fife, told staff yesterday it didn't have enough cash to pay them…
Pacific Drilling has filed for Chapter 11 bankruptcy 'to pursue a comprehensive restructuring' of its approximately US$3 billion in outstanding funded debt. The international drilling contractor reported on 12 November that it planned…
Hague and London Oil (Halo) gas completed the acquisition of Tullow 101 Netherlands, seeing it take over a portfolio of offshore exploration and production licenses in the Dutch North Sea. Halo says it is now a producer of more than 2500 boe/d…