North Sea News

 

Drone video of Glen Lyon

Nov 29, 2016

In this video, BP shows the Glen Lyon floating production and storage offloading (FPSO) from a drone’s point of view in the UK North Sea. The Glen Lyon FPSO is preparing for its start-up, and to process and store oil and gas from the redeveloped Schiehallion and Loyal fields.

Pryme acquires SengS Subsea

Nov 29, 2016

Pryme Group has announced the acquisition of Sengs Subsea Engineering Solutions.   Established in 2012, by Murray Kerr, SengS is an Aberdeenshire-based engineering company providing subsea engineering design consultancy, equipment testing and assembly…

Job cutting continues in UK

Nov 29, 2016

Two thirds of companies in north east Scotland have made job cuts in the past year, but optimism that the end could be in sight has risen, according to a survey.  The annual 25th Oil and Gas survey, conducted by Aberdeen & Grampian Chamber…

BP acquires Nexen, Statoil exploration stakes

Nov 28, 2016

BP has acquired stakes in the Jock Scott and Craster high-temperature high-pressure, North Sea exploration prospects, operated by Statoil and Nexen respectively, with exploration wells planned on each mid-2017.  The move comes just days…

Hurricane agrees FPSO for Lancaster, plans to drill Halifax well

Nov 28, 2016

UK fractured basement player Hurricane Energy has agreed in principal deal for a floating production and storage offloading (FPSO) unit to develop its Lancaster field and is set to drill its nearby Halifax prospect, west of Shetland, UK. Under a heads of terms agreement…

ICoTA award goes to Helix, Altus and Shell

Nov 25, 2016

The European Intervention and Coiled Tubing Association (ICoTA), is delighted to announce that this year's recipient of the ICoTA Innovation Award was a joint entry from Shell, Helix Well Ops and Altus Intervention.  The award, presented at the annual SPE ICoTA Well Intervention Conference…

Stella set back

Nov 25, 2016

Start up on Ithaca Energy's Stella field has been set back after electrical faults were found on the floating production unit.  First oil via the FPF-1 floating production facility had been due at the end of this month, but is now expected early January…

GMB calls to keep decommissioning in the UK

Nov 23, 2016

Average costs for UK North Sea decommissioning expenditure are growing by 14% a year, with the final cost of decommissioning now expected to be in excess of US$125 billion (£100 billion), according to a report by CRF Consultants.  With…

Maersk drops Bagpuss, Blofeld heavy oil license

Nov 23, 2016

Maersk Oil is to drop its heavy oil Bagpuss and Blofeld License, P.1943, in the UK North Sea, according to partner North Sea Energy.  The move follows UK independent Premier Oil resigning as operator on the Bagpuss joint venture, effective at the end of this year…

Southern North Sea focus group launched

Nov 22, 2016

A steering group of offshore companies working together to explore opportunities to maximize remaining gas reserves in the Southern North Sea (SNS) has been appointed. A mix of operators, duty holders, service businesses and supply chain…

Prosafe, OneSubsea and Semco jobs for HB Rentals

Nov 22, 2016

Offshore accommodation and workspace solutions specialist HB Rentals has secured contracts in excess of US$1.25 million  for the manufacture of workshops, local equipment rooms and pressurized offshore service modules for multiple clients…

Scolty/Crathes online, Kraken on its way

Nov 21, 2016

UK independent EnQuest has brought its Scolty and Crathes development in the UK North Sea onstream. The firm also confirmed sailaway of the US$2.6 billion Kraken development floating production, storage and offloading vessel is due in coming days…

Frames contracted to Maersk Culzean project

Nov 17, 2016

Sembcorp Marine subsidiary SMOP has awarded Dutch firm Framesa contract for the supply of two seawater electrochlorination systems, one wellhead control panel complete with a hydraulic power unit, and three hydraulic power units for topside and subsea valves…

OGA hackathon to tackle wells costs

Nov 17, 2016

The UK's Oil and Gas Authority (OGA) is holding a so-called 'hackathon' to identify new technology and practices which can reduce the cost of well construction on the UK Continental Shelf (UKCS).  Jointly driven by the Technology Leadership Board Workgroup…

Catcher costs reduced further

Nov 17, 2016

Premier Oil says it has further reduced costs on the Catcher floating production development in the North sea, to a forecast total US$1.7 billion. The drop, a 24% reduction on the original sanctioned estimate, comes after costs had been reduced 20% to $1…

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