North Sea News

 

Engie ups Cara resources, eyes tieback to Gjøa

Nov 02, 2017

French operator Engie E&P has increased its resource estimate for the Cara field in the Norwegian sector of the North Sea and reached a 'concretization decision,' or feasibility decision gate, on the field. Engie says Cara contains 56-94 MMboe…

INEOS completes Forties Pipeline System deal with BP

Nov 02, 2017

INEOS has completed its acquisition of the North Sea Forties Pipeline System (FPS) and associated pipelines and facilities and the Kinneil Terminal from oil major BP. The 235-mile pipeline system links 85 North Sea oil and gas assets to the UK mainland and the INEOS site in Grangemouth…

IOG to drill Harvey within two years

Nov 02, 2017

Independent Oil and Gas says it will drill a well on its Harvey license in the UK southern North Sea within two years, after a new report estimated 45-286 Bcf on the block.  The competent person's report by ERC Equipoise says the…

Circular energy

Nov 01, 2017

Elaine Maslin reports on a new solution aimed at converting heat in subsea pipes into power, and then using that power to measure what’s going through those pipes. Hot Ring. Image from Exnics. “Hot…

Improving recovery

Nov 01, 2017

Last month (October 2017), Chevron approved plans for a commercial polymer EOR project on its UK North Sea Captain heavy oil field. Elaine Maslin looks at the broader prospects for EOR projects on the UKCS. For many fields on the UK Continental Shelf (UKCS) the clock is ticking…

Siccar lines up Cambo field plans

Oct 31, 2017

Siccar Point Energy is moving forward with plans to develop the Cambo field, 125km northwest of Shetland in the UK North Sea.  The development concept will be focused on a two-phase approach, according to Baker Hughes, a GE Company…

Investment needed to move resources to reserves on UKCS

Oct 31, 2017

The UK’s remaining petroleum reserves could sustain offshore production for at least the next 20 years and beyond, if additional undeveloped resources can be matured, says the UK's Oil and Gas Authority’s (OGA).  In a report “UK Oil and Gas: Reserves and Resources…

IOG submits Vulcan satellites FDP

Oct 31, 2017

Independent Oil and Gas (IOG) has submitted the field development plan (FDP) for the Vulcan Satellites hub development in the UK North Sea to the Oil and Gas Authority (OGA). The Vulcan Satellites FDP covers the three 100%-owned and operated Southern North Sea gas fields…

Diamond rigs secure additional work

Oct 30, 2017

Two Diamond Offshore drilling rigs – semisubmersibles Ocean Apex and Ocean Patriot -- have secured contracts for additional work. Woodside Energy extended its contract for Ocean Apex from mid-February 2018 to early April 2018 with an…

Going against the flow

Oct 30, 2017

Record numbers of marine energy devices are generating record amount of power in Scottish Waters, but the sector has been knocked back in its bid for support. Elaine Maslin reports. Timing is everything, they say. For the UK marine energy sector…

Fixing floaters

Oct 30, 2017

Clement Mochet, of Vryhof, discusses ways to bring down the costs associated with floating wind projects. WindFloat project, offshore Portugal. Image from Principle Power. While costs in…

Decom dollars

Oct 30, 2017

More than 700 offshore fields are expected to cease production in the next five years, according to forecasts. Elaine Maslin reports. Two major events appeared to fire the starting gun for the UK’s offshore decommissioning market to take…

Gravitational pull

Oct 30, 2017

Two offshore wind firsts have been achieved this year, both relating to use of gravity-based foundations. Elaine Maslin reports. While gravity-based wind turbines are not new, they’re far from the most common form of foundation for the offshore wind industry…

Sizing up for decom

Oct 30, 2017

As decommissioning gathers pace, the debate around how to make the entire process more efficient – safely – at a reduced cost intensifies. Emma Gordon reports. Are we thinking big enough, or is the challenge smaller than we think? Certainly…

Assessing all options

Oct 30, 2017

As the North Sea enters the decommissioning era, should complete removal remain the default option? And what is the impact of the process on North Sea ecosystems? Emma Gordon reports.  The oil and gas industry must address its knowledge…

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