North Sea News

 

Seanamic Group buys Flexlife

Oct 19, 2017

Seanamic Group has bought Aberdeen based flexible pipelines and umbilicals integrity management firm Flexlife. Seanamic was founded in 2014, and has since added Caley Ocean Systems, Umbilicals International, and most recently IMES Group…

TechnipFMC to buy Plexus jackup business

Oct 19, 2017

TechnipFMC has agreed to acquire Plexus Holding's Wellhead exploration equipment and services business for jackup applications - the Jack-up Business - for up to US$56 million (£42.5 million).  Plexus will initially receive $19.7 million…

RockRose to buy Idemitsu Petroleum

Oct 18, 2017

RockRose Energy has signed deal to acquire Idemitsu Petroleum from Japan's Idemitsu Kosan. The Idemitsu UK's assets comprise a substantial number of producing fields in the North Sea, which include: 30.8% stakes in Repsol's Ross and Blake fields…

Statoil launches world's first floating wind farm

Oct 18, 2017

First power has been achieved from Statoil and partner Masdar's Hywind Scotland project - the world's first floating wind farm.  The 30MW wind farm, operated by Statoil, is 25km offshore Peterhead, Scotland, and comprises five, 6MW turbines…

ODE to support Vulcan Satellites development, from FEED to O&M

Oct 18, 2017

North Sea minnow Independent Oil and Gas has signed a letter of intent with Offshore Design Engineering for work on its Blythe Hub and Vulcan Satellites Hub development. ODE will provide technical and operational support ahead of final…

RED's monitoring tool used on Beatrice

Oct 17, 2017

A monitoring technology developed by RED Engineering has been used for the first time to improve accuracy, speed and safety during the installation of jacket foundations for wind turbines at the Beatrice Offshore Wind Farm Ltd project in the Moray Firth…

OGA appoints head of decom

Oct 17, 2017

A former production asset manager based in Kurdistan, Iraq, has joined the UK's oil and gas industry regultaor, the Oil and Gas Authority, as head of Decommissioning. Nils Cohrs is replacing the Acting Head of Decommissioning Gunther Newcombe…

Spirit Energy rises from Centrica, Bayerngas merger

Oct 16, 2017

A new outfit being created by the merger of Centrica's oil and gas division and Bayerngas Norge is to be called Spirit Energy, Centrica said today.  Centrica will hold 69% in the new company, while Bayerngas Norway's owners will hold the remaining 31%…

Maersk inks two North Sea jackup contracts

Oct 12, 2017

Maersk Drilling has been awarded two contract extensions in the North Sea. The jackup Maersk Resolve has been awarded a contract extension by Wintershall Noordzee for the drilling of a third well in the ongoing drilling campaign in the North Sea…

New UK North Sea workforce numbers revealed

Oct 12, 2017

A new report into the UK North Sea oil and gas industry work force shows jobs have dropped to 302,000 from 460,000 in 2014, with the average age of staff increasing slightly to 42.7. The report in short: Industry supports more than 302…

IOG increases Vulcan Satellites reserves, close to FDP submission

Oct 12, 2017

UK firm Independent Oil and Gas (IOG) says it expects to award key project contactors and submit a field development plan for its Vulcan Satellites hub later this month following a report which has significantly increased reserves numbers for the fields…

Fugro divests trenching and cable lay business

Oct 12, 2017

Global Marine Group has agreed to acquire Fugro’s trenching and cable lay services business for about US$73 million in shares. The acquisition of Fugro’s trenching and cable lay services business involves the transfer of 23 Aberdeen-based Fugro staff and one vessel (Symphony)…

Statoil hits at Verbier, dry at two other wells

Oct 09, 2017

Statoil's 2017 three-well UK North Sea drilling campaign has resulted in a discovery in the Verbier well, but leaves behind two disappointments, the firm reports today.  On Verbier, after initial disappointing results in the target formation…

Petrofac gains Chevron North Sea extension

Oct 05, 2017

Petrofac has secured a contract extension from Chevron North Sea for the provision of engineering services; an agreement it has held since 2014.  The 12-month agreement, which comes into effect this month, will involve the continued provision…

Aker BP in Frigg Gamma Delta hit, miss

Oct 03, 2017

Aker BP has encountered further oil at the Frigg Gamma Delta discovery offshore Norway, but came up dry at an adjacent wildcat, according to the Norwegian Petroleum Directorate (NPD). Frigg Gamma Delta…

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