North Sea News

 

Offshore Operational Production Costs Down

Jan 08, 2020

Operational production costs in the oil and gas industry have fallen across the globe, with UK emerging as a cost-cutting powerhouse among global offshore regions.Specifically, the UK North Sea has emerged as a world leader in cost-cutting thanks to increased production, reduced salaries and rota changes, said a study.According to analysis by Rystad Energy based on regional opex reduction per barrel…

TAQA Taking Over as Brae Field Operator

Jan 17, 2020

UAE-based oil company TAQA is set to take over operatorship over the Brae oil field in the UK sector of the North Sea from RockRose Energy.RockRose energy got hold of the licenses containing the Brae field last year, following the completion of the UK North Sea assets of the U…

Neptune Energy Taps Three60 for UKCS work

Jan 13, 2020

Oil and gas company Neptune Energy has awarded energy services firm Three60 Energy a framework contract to deliver engineering and support services for its UK Continental Shelf portfolio.The energy services provider said Monday it would provide…

BP, Premier Oil in $625M North Sea Deal

Jan 07, 2020

Energy giant BP has agreed a $625m deal to sell a package of North Sea assets. Premier Oil will take over the Andrew platform and BP's controlling stake in five surrounding fields, as well as its minority stake in the Shell-operated Shearwater field…

Serica Wins 'Out of Round' North Sea Licence

Dec 19, 2019

The mid-tier UK oil & gas company operating mainly in the North Sea, Serica Energy has announced an “out of round” North Sea licence award.The exploration and production firm said that  its wholly owned subsidiary, Serica Energy (UK) Limited…

DNV GL, DNO Pact on North Sea

Dec 17, 2019

The international accredited registrar and classification society DNV GL has been awarded a framework agreement by the Norwegian oil and gas operator DNO ASA to provide a broad portfolio of engineering and management support and verification services to support the operator…

King of Norway to Open Johan Sverdrup

Dec 09, 2019

Norwegian multinational energy company Equinor ASA has informed that His Majesty the King will perform the official opening of the Johan Sverdrup field center on January 07, 2020.Norway’s Prime Minister Erna Solberg and the Minister of Petroleum and Energy Kjell-Børge Freiberg will also be present…

Rever Completes North Sea Decom Project

Dec 05, 2019

Subsea services provider Rever Offshore has successfully completed a North Sea infrastructure decommissioning project of the Greater Dunlin Area for Fairfield Energy.The subsea project delivery and execution provider to the offshore energy industry…

North Sea Countries to Boost Offshore Wind

Dec 04, 2019

Energy Ministers from North Seas countries met yesterday (December 04) in Brussels and agreed their 2020 Work Program on offshore wind deployment as a means of reaching climate neutrality by 2050.The 10 North Seas Energy Cooperation countries – Belgium…

Neptune Drilling Awards on Seagull

Dec 03, 2019

Oil and gas company Neptune Energy has awarded new drilling services contracts for its its 50 million barrel Seagull project in the UK North Sea worth a total of $40 million.US oilfield services giant Halliburton will supply equipment from its base in Arbroath for Seagull…

SEACOR Marine Sells North Sea Standby Biz

Nov 03, 2019

US-based  offshore support vessel  (OSV) provider Seacor Marine has decided to sell its North Sea emergency response and rescue vessel business to North Star in a move to cut costs and generate cash to support its core business.Under the terms agreed…

ConocoPhillips Gets Drilling License

Oct 23, 2019

The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips Skandinavia AS a drilling permit for well 25/7-8 S in the western Norwegian North Sea.According to a press note from NPD, the semisubmersible Leiv Eiriksson will drill well 25/7-8 S…

Geoquip Saentis Completes 1st Job in North Sea

Oct 07, 2019

Switzerland-based geotechnical data acquisition company Geoquip Marine said that its DP2 multi-purpose offshore support vessel, the Geoquip Saentis, has completed its first geotechnical campaign in the North Sea.Operations involved drilling…

VOS Sugar, Bluestream in North Sea Inspection

Sep 11, 2019

Vroon Offshore Services (VOS) said that its subsea-support vessel VOS Sugar has again been operating in close cooperation with its partner Bluestream, working together for the third year in succession on a Southern North Sea Inspection campaign…

NSWPH Program Hires Intertek

Sep 06, 2019

UK consultancy Intertek has been chosen to undertake a UK permitting and planning study by the North Sea Wind Power Hub (NSWPH) consortium.Consortium partners behind the NSWPH programme, TenneT Netherlands, TenneT Germany, Energinet, Gasunie…

Current News

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Exxon to Load First Crude from Guyana This Weekend

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Middle East: Offshore Drilling Spend Set to Soar

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Saipem, Italian Police Sign Cyberattack Prevention Deal

TAQA Taking Over as Brae Field Operator

TAQA Taking Over as Brae Field Operator

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