Faroe Islands-based Atlantic Petroleum is to take over as operator of the Orlando and Kells licenses in the UK North Sea following operator Iona Energy going into administration. Orlando and Kells are in UK North Sea licenses P.1606 and P…
Private equity backed explorer Azinor Catalyst has agreed to acquire 50% interest in license P2243 on the UK Continental Shelf from Zennor North Sea. The license contains Block 14/17a and is adjacent to Azinor’s Partridge license P.1989…
Independent Oil and Gas (IOG) has submitted a field development plan (FDP), in draft format, for the Blythe gas field to the Oil and Gas Authority (OGA). The Blythe field, 100% owned and operated by IOG, is in the southern North Sea…
Norway’s Petroleum Safety Authority (PSA) has granted Faroe Petroleum Norge consent to takeover operatorship from DONG E&P Norge of the Oselvar and Trym fields in the North Sea. Earlier this week, Faroe completed the acquisition deal…
Magseis has been awarded a contract from ConocoPhillips for a full azimuth 4D seabed seismic acquisition survey in the North Sea using the company’s proprietary MASS system. Magseis will mobilize what will be its second, ROV-based crew for the project…
Petrofac has been given a four and a half year contract extension on its integrated support services contract on the Cygnus gas field. The extension to December 2021 is worth about US$70 million and includes the provision of enhanced construction services and production supervision…
The UK's Oil & Gas Authority (OGA) has invited companies to apply for new licenses to drill at 14 blocks in the supplementary round to the 29th oil and gas licensing round. The 14 blocks on offer in the supplementary round are outside of the 29th oil and gas licensing round offer area…
Faroe Petroleum and DONG E&P Norge have completed the acquisition deal consisting of five Norwegian North Sea oil and gas fields, with Faroe only paying a fraction of the original US$70.2 million price tag. Image of Trym subsea gas compression…
Bibby Offshore secured a significant contract with Shell to provide engineering and subsea construction activities in the Gannet G field in the Central North Sea. The campaign, due to commence in Q1 2017, will utilize Bibby's multipurpose dive support and offshore construction vessel…
BP has begun drilling a potential carboniferous gas play in southern North Sea block 43/26a that, if successful, could open up a new phase of development in the region, the supermajor announced 5 December. The well, being drilled with partners Perenco and Premier…
Decommissioning is now firmly on the North Sea oil and gas industry’s agenda. Some US$21.98 billion is forecast to be spent on decommissioning UK North Sea facilities in the next 10 years.* As the number of operational platforms decreases and the pace of decommissioning increases…
Norwegian giant Statoil has started drilling at its Mariner field in the UK North Sea using the world’s largest jackup, with a target for first oil set for 2018. Image of the Mariner topsides at DSME…
Audrey Leon speaks with Helix Energy Solutions Group’s David Carr about a new system from the Subsea Services Alliance, which seeks to safely drive down the cost of well abandonment operations in open waters. Helix…
The offshore lifting market for decommissioning has been relatively small so far, but it won’t stay that way. Elaine Maslin looks at some new concepts edging into the market. OOS’ Serooskerke. Image from OOS…
After more than three decades’ production, the mighty Murchison platform was finally down-manned this year. Work to dismantle the 25,000-tonne topsides is ongoing. Elaine Maslin reports. CNR International’s…