North Sea News

 

All eyes on Osborne for North Sea support

Jul 07, 2015

North Sea industry stakeholders have called on UK Chancellor George Osborne (pictured) to introduce additional measures to support the ailing oil and gas sector. The Chancellor is due to unveil his Summer Budget tomorrow (8 July). It…

GMS grabs first decommissioning gig

Jul 06, 2015

Self-propelled self-elevating support vessels (SESVs) provider Gulf Marine Services (GMS) was awarded its first decommissioning contract for one of its large class vessels in Europe. Image from GMS…

Baker Hughes inks Johan Sverdrup drilling gig

Jul 06, 2015

Baker Hughes has picked up the US$190 million (NOK1.5 billion) onshore contract for integrated drilling services on the massive Johan Sverdrup field offshore Norway. Baker Hughes joins Norway's Odfjell, which was awarded two contracts…

Ex-Aker firm grabs Johan Sverdrup contracts

Jul 03, 2015

Norway-based Fjords Processing has won three contracts for the deliveries of process systems for the Johan Sverdrup development in the North Sea. The contracts were signed with Statoil on behalf of the Johan Sverdrup license. The scope…

Det norske appraises Ivar Aasen

Jul 02, 2015

Det norske completed the drilling of appraisal wells 16/1-22 S, 16/1-22 A and 16/1-22 B on the Ivar Aasen field, according to the Norwegian Petroleum Directorate. The field is in the central part of the North Sea and was proven in 2008…

Johan Sverdrup divvied up

Jul 02, 2015

The Norwegian government has proposed how to divvy up stakes in the giant Johan Sverdrup field, with Det norske losing out. How to divide up the field has been in despute since earlier this year, resulting in a delay to the government's…

Counting the cost

Jul 01, 2015

As decommissioning begins in earnest in the UK North Sea, the real cost of decommissioning is starting to be seen. Elaine Maslin reports on a study conducted to assess the increasing costs. The…

Jack of all trades

Jul 01, 2015

Decommissioning, plugging and abandonment, well workovers, EOR, and even offshore renewables maintenance could be performed from the dual decks of the CDC Heron. Elaine Maslin reports. The CDC Heron multipurpose vessel design…

Decom projects on the rise

Jul 01, 2015

Within the next few years, a couple of major decommissioning projects are set to start in the UK sector of the North Sea at the Brent and Murchison fields — and there are plenty of other projects in the pipeline. John Bradbury outlines the activity…

Realizing CCS’s potential

Jul 01, 2015

Could the North Sea become a CO2 storage site? Elaine Maslin takes a look at two proposed projects and some of the challenges involved. The CCS goal—how the Scottish Centre for Carbon Storage sees carbon capture and storage on and offshore…

The key to CCS: monitoring, measurement and verification

Jul 01, 2015

Carbon capture and storage (CCS) projects need to demonstrate, through monitoring, that the injected CO2 is contained within the geological store during and after injection and no unexpected migration has occurred. In order to achieve this…

Decommissioning Relief: certainty for the oil and gas industry?

Jul 01, 2015

There has been much uncertainty in recent years around the tax relief available to companies as part of the decommissioning process, as a result of a constantly changing UK tax regime. Oil and gas companies have commonly been required…

Statoil plans further Gullfaks development

Jun 30, 2015

Statoil and its partners submitted an amendment to the plan for development and operations (PDO) for the Gullfaks license to the Ministry of Petroleum and Energy for phase 1 of the Shetland/Lista development. Investment costs are estimated at some US$114…

IOG eyes Skipper FPSO options

Jun 30, 2015

Independent Oil and Gas (IOG) has started discussions with potential floating production, storage and offloading (FPSO) vessel providers for its UK north Sea Skipper development.  The firm, which recently agreed to acquire 50% of the Skipper license from Alpha Petroleum…

UK drilling activity increases

Jun 30, 2015

Exploration and appraisal activity in the North Sea doubled in the opening three months of the year following the UK Chancellor’s industry tax cut, new figures reveal. Data published by the Department for Energy and Climate Change (DECC)…

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