U.K.-based oil firm Serica Energy has informed that Triton floating production storage and offloading (FPSO) unit is not expected to come back online before May 2025, as the company works on finding a long-term solution to stabilize production with the operator Dana Petroleum…
Norwegian oil and gas company OKEA has signed an agreement with Aker BP to acquire a 35% working interest in Tverrdal exploration well in the North Sea.OKEA secured the stake in the southern part of PL1102 / PL1102B, containing the Tverrdal prospect…
Dutch natural gas infrastructure and transportation company Gasunie and Petrogas Transportation plan to jointly investigate how the Petrogas pipeline installed under the North Sea can be reused for the transport of green hydrogen.The research…
Vår Energi has started the tow out of the Jotun floating production, storage and offloading vessel (FPSO) from the Worley Rosenberg yard to the Balder field, which is on schedule for production start by the end of the second quarter of 2025…
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for two wildcat wells in the North Sea.The permit is for wells 34/6-8 S and 34/6-8 A in production license 554.Equinor is the operator of the license with 40% working interest…
BlueNord, the partner in the Tyra II project along with TotalEnergies and Nordsøfonden, has informed that Tyra II project has faced another ‘operational setback’, which is impacting its maximum production potential at the Denmark’s largest offshore gas development…
U.K.-based oil and gas company Dana Petroleum has terminated the agreement with NEO Energy for the proposed sale of the Western Isles floating, production, storage and offloading (FPSO) vessel, which was planned for deployment in the North Sea as part of Buchan field redevelopment…
Danish power cable maker and services provider NKT has completed the first installation campaign Norway to connect Aker BP-operated Yggdrasil offshore oil and gas area to shore.NKT said the first installation campaign in the Norwegian fjords and in the North Sea has been completed…
Britain plans to overhaul its windfall tax regime on oil and gas producers once current levies run out in 2030, it said on Wednesday as it vowed to transform the North Sea into a renewables hub.The government is asking industry players and others…
Norwegian Ministry of Energy has opened applications for exploration licenses related to CO2 storage in one designated area in the North Sea.Announcement and possible allocation of area for a storage permit will take place after individual application…
The U.S. Treasury, via the Office of Foreign Assets Control (OFAC), has extended a license for Serica Energy to operate the Rhum field in the North Sea, 50% owned by Iran's national oil company, for two more years.The OFAC license and secondary sanctions assurance relating to the Rhum field…
U.K.-based oil firm Serica Energy has suspended the production at Triton floating production storage and offloading (FPSO) unit in the North Sea, following the damage caused by the Storm Éowyn in January 2025.According to Serica Energy, during the storm on January 24…
Offshore accommodation rig firm Floatel International has secured firm contract with an undisclosed client North Sea client for Floatel Superior.Floatel Superior will provide services in the second quarter of 2026 under the three-month contract…
Carbon Catalyst Limited (CCL) has conducted a first CO2 injection test as part of the Poseidon carbon capture and storage (CCS) project, which will store CO2 at Perenco-operated Leman gas field in Southern North Sea.The Poseidon CO2 injection test took place on February 10…
Norwegian seismic firm TGS has secured two 4D streamer contract acquisition projects, one in the North Sea and the other in the Norwegian Sea.The 4D projects are scheduled to be acquired back-to-back and start in June 2025.The total duration of the two surveys is approximately 80 days…
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