North Sea News

 

Norway: Offshore Safety Body Investigating Gas Leak at Statfjord B Platform

May 26, 2022

The Petroleum Safety Authority Norway (PSA), the Norwegian offshore oil and gas safety watchdog, has launched an investigation into an incident involving a gas leak on Equinor-operated Statfjord B platform in the North Sea, off Norway. According to the PSA…

UK Regulator Set to Approve Shell's North Sea Gas Project

May 26, 2022

A British regulator is expected to approve in the coming days a revised plan by Shell to develop a North Sea gas field, which had been initially rejected on environmental grounds, three sources told Reuters.Shell released in March its updated…

Wintershall Noordzee Taps IVB for Offshore Platform Verification

May 25, 2022

Inspection Verification Bureau (IVB) has secured a contract with Wintershall Noordzee in the Netherlands, to deliver verification services for all its platforms in the Dutch sector of the North Sea, and for one onshore facility. The contract value was not disclosed…

Offshore Design Engineering to Provide Topside FEED for ERM Dolphyn Hydrogen Project

May 24, 2022

Offshore Design Engineering Ltd (ODE) has been selected by ERM Dolphyn to provide topside FEED support to the commercial demonstration phase of the ERM Dolphyn (Deepwater Offshore Local HYdrogeN) project in the UK.The ERM Dolphyn project seeks…

Decarbonization: Geothermal Study Launched to Repurpose Old North Sea Wells

May 24, 2022

Petrofac, an international service provider to the energy industry, will be supporting deep geothermal specialist CeraPhi Energy in what has been described as a first-of-a-kind geothermal study looking at the repurposing of oil and gas wells using CeraPhi’s technology…

Output from IOG's Southern North Sea Fields Shut Over Issues with Onshore Terminal

May 23, 2022

UK-based oil and gas company IOG said Monday that production from its recently launched Blythe and Elgood gas fields in the UK North Sea has been shut-down due to Perenco Bacton terminal's issues with handling the fields' condensate.Blythe and Elgood…

Wintershall DEA Sells Stakes in Three Offshore Fields in Norway to OKEA

May 23, 2022

German oil and gas company Wintershall Dea has agreed to sell a 35.2% share in the Brage field and a 6.46% share in the Ivar Aasen field, as well as 6% of the Nova development, all offshore Norway, to the Norwegian oil firm OKEA.OKEA will pay a fixed consideration of USD 117…

UK Picks Offshore Wind Champion. Opens $200M Floating Wind Fund for Expressions of Interest

May 20, 2022

The UK government on Friday appointed Tim Pick as the UK's first Offshore Wind Champion, as a £160 million (around $199,6 million) floating offshore wind fund opens for expressions of interest.'Ambitious plans to expand offshore wind around…

CIP Proposes to Build Hydrogen Island in Danish Dogger Bank Area

May 20, 2022

Copenhagen Infrastructure Partners (CIP) has proposed to construct an artificial island dedicated to large-scale production of green hydrogen from offshore wind – called 'BrintØ' - in the Danish part of the North Sea. According to CIP, one of…

Report: Shell's North Sea Gas Field Plan Set for 'Imminent' Approval

May 16, 2022

Shell’s revised plan for the development of the Jackdaw offshore gas field in the UK North Sea expected to be approved soon, according to a report by The Sunday Times.The Jackdaw is an ultra-high pressure/high-temperature gas condensate field in the Central North Sea…

BP and Equinor Win CO2 Storage Licenses in UK North Sea

May 12, 2022

Oil and gas companies BP and Equinor have been awarded licenses to store CO2 under the UK North Sea seabed.According to the North Sea Transition Authority (NSTA), which awarded the licenses with an appraisal term of eight years, the Southern…

Windfall Tax on Energy Firms Not the Right Way Forward - UK's PM Johnson

May 12, 2022

British Prime Minister Boris Johnson said on Thursday he did not believe a windfall tax on global energy firms was the right way forward and he wanted to ensure the government did not deter investment by energy companies.A spike in oil prices…

Suncor Energy Beats 1Q Profit Estimates. Eyes Sale of UK North Sea Assets

May 10, 2022

Suncor Energy Inc exceeded analysts' estimates for first-quarter profit and boosted dividend by 12% to its highest level on Monday, as Canada's No.3 oil major benefited from soaring crude prices.Global crude oil prices surged to levels not seen…

Neptune Energy Eyes Spending More than $1B to 'Support UK Energy Security'

May 10, 2022

Oil and gas company Neptune Energy said Tuesday it would spend more than $1 billion over the next five years 'securing energy supplies for the UK and speeding the transition to net zero.'The amount planned for investment includes capex and pre-development…

Studies Start to Develop Marigold UK North Sea Field Using Piper Bravo Platform

May 10, 2022

Pre-front end engineering and design studies (Pre-FEED) have started for the development of the Ithaca and Hibiscus owned Marigold field via the Repsol Sinopec-operated Piper Bravo platform in the UK North Sea. Repsol Sinopec made the announcement…

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