A new oil and gas technology accelerator has been created in Aberdeen, targeting 100 start-ups and 200 small to medium sized companies(SMEs). The accelerator, called TechX and set up by the public-funded The Oil & Gas Technology Centre…
Danish oil firm Maersk Oil has published a video with timelapse footage and interviews with key people, showing the main 2017 milestones in the UK North Sea Culzean development. The Culzean field - discovered in 2008 - is in the UK central North Sea…
UK-focused oil firm Egdon Resources has acquired 100% interest in UK North Sea Promote Licence P2304 (UKCS Block 41/24), containing part of the the Resolute gas discovery, through a deal with two other firms. Egdon acquired 50% in the…
UK explorer Siccar Point Energy E&P has signed up a rig to drill a well on the Lyon prospect, west of Shetland. Lyon is due to be drilled in 2018, using North Atlantic Drilling's West Hercules semisubmersible, immediately following drilling a Cambo appraisal well…
A university in Scotland has launched a 'world-first' simulator for decommissioning activities in the UK North Sea and further afield. Aberdeen’s Robert Gordon University (RGU) in collaboration with funding partners The Oil & Gas Technology Centre…
UK-based subsea services group Acteon has acquired Viking Seatech Group, following regulatory clearance. The move follows the sale of its Mirage Machines business to Actuant, a US corporation. Aberdeen-based Viking Seatech is a provider of marine services to the energy industry…
Norway's Aker BP has agreed to divest a 10% stake in the Valhall and Hod fields to new firm Pandion Energy. The move comes shortly after Aker BP acquired Hess Norge, which gave it 100% ownership in Valhall and Hod, and comes as Aker BP…
Contractor confidence in the UK Continental Shelf (UKCS) has risen with almost half being more confident about their prospects for the first time since 2013, according to an industry survey. The findings of the 27th Oil and Gas survey…
A US$3.36 billion (DKK21 billion) investment into a redevelopment of the Tyra gas field on the Danish Continental Shelf has been approved by the Danish Underground Consortium (DUC), led by Maersk Oil. The move will see the largest oil…
While decommissioning is often seen as a challenge, to the Dutch it is also an opportunity. Elaine Maslin reports. The North Sea Wind Power Hub concept. Images from TenneT. The Dutch don’t…
OMV has spudded the Iris/Hades (Aerosmith) exploration well on the Halten Terrace in the Norwegian Sea, says partner Faroe Petroleum. Exploration well, 6506/11-10 (Faroe 20%) in license PL644/PL644 B, is being drilled about 200km offshore using the Deepsea Bergen semisubmersible…
UK focused Independent Oil and Gas (IOG) has been given a two-year extension on its Harvey license in the North Sea and says it plans to drill on the license by September 2019. The Oil & Gas Authority has extended the initial term for license P2085 to 20 December 2019…
Nearly 350 fields are expected to be decommissioned between now and 2025 across the UK, Norwegian, Danish and Dutch sectors of the North Sea, with the majority of them in the UK, a report released today predicts. The figures were revealed…
Multi-purpose vessel designer CDC Scotland is set to commercialize its first vessel design through Dutch firm OOS Energy, part of OOS International. OOS Energy, which is also building two semisubmersible crane vessels, is planning to build two units…
New Aberdeen-based subsea well abandonment firm Well-Safe Solutions has picked the Port of Dundee as its onshore marine base, it announced at the Offshore Decommissioning Conference in St Andrews today. Well-Safe has secured two acres of quayside facilities with access to 40…
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