Ukcs News

 

UK: EnQuest to Buy Suncor's Golden Eagle Area Interest for Up to $375M

Feb 04, 2021

UK-based oil company EnQuest has agreed to buy Canadian oil firm Suncor's entire 26.69% non-operated equity interest in the Golden Eagle area in the UK North Sea.The area, operated by China's CNOOC, comprises the producing Golden Eagle, Peregrine, and Solitaire fields, and EnQuest will pay an initial consideration of $325 million. Additional contingent consideration of up to $50 million, is payable in the second half of 2023…

Prosafe's Safe Boreas Secures Work at Buzzard

12 hours ago

Offshore accommodation rig owner Prosafe reports it has won a contract for one if its units in the U.K. sector of the North Sea.The Safe Boreas will provide gangway connected operations supporting the Buzzard platform complex from mid-April 2021…

EnQuest Farms Down 85% Stake in North Sea Discovery for $1

Feb 25, 2021

UK-based oil firm EnQuest has signed an agreement with Anasuria Hibiscus UK to farm-down an 85% working interest in the Eagle discovery located in the UK sector of the North Sea.Anasuria Hibiscus UK will become the operator of the discovery…

UK: Tailwind Sanctions Evelyn Development

Feb 22, 2021

UK-focused oil company Tailwind has reached a final investment decision (FID) on its Evelyn field project in the North sea, following approval by the UK oil and gas regulator OGA last week.The Evelyn field is part of the Triton Cluster. Tailwind…

DNV GL Secures 3-Year Contract with Total in UK North Sea

Feb 22, 2021

Classification society and quality assurance firm DNV GL has been awarded a three-year contract with Total in the UK to provide various services across the company's UK North Sea assets.DNV GL will provide core services such as verification…

UK: Oil Firms Required to Support Net-Zero as OGA's Revised Strategy Enters Force

Feb 12, 2021

The UK oil and gas regulator Oil and Gas Authority (OGA) said Thursday that its revised strategy that features an obligation for the oil and gas industry to support UK's net-zero target had come into force on February 11.OGA's revised strategy was laid before Parliament on December 16…

Independent Oil and Gas Names New COO

Feb 08, 2021

Independent Oil and Gas (IOG), and oil and gas company focused on the UK North Sea, has has appointed David Gibson as its new Chief Operating Officer.'David has extensive relevant North Sea engineering and project management experience over a near 30-year energy industry career…

Equinor's Gürtner Named Co-Chair of OGUK Board

Feb 05, 2021

Arne Gürtner, Senior Vice President UK & Ireland Offshore at Equinor has been named Co-chair of OGUK board. OGUK is the representative body for the UK oil and gas industry.Announcing Gürtner's appointment, OGUK said he brings with him a wealth of industry experience…

UK: NHV to Fly Neptune Energy Crew to Seagull Offshore Field

Feb 01, 2021

Oil and gas company Neptune Energy has tapped offshore helicopter operator NHV Group to provide crew transportation services in support of an oilfield development project in the UK North Sea.NHV said Monday the contract was for 18 months, and…

Aramark Offshore Bags 5-year UKCS Catering Deal with Total

Jan 28, 2021

Offshore catering specialist Aramark Offshore has said it has secured a new five-year contract with the oil major Total.The company will provide services across six offshore platforms in the United Kingdom Continental Shelf.The five-year deal…

Global Energy Group, Rosetti Marino Team Up to Pursue Renewables Work in UK

Jan 28, 2021

UK-based Global Energy Group and Italy's Rosetti Marino have entered into a strategic partnership to execute large scale renewable energy and energy transition EPC and EPCI contracts in the UK.Under the agreement, which is for five years, a 2-year extension option…

Petrofac Nets 'Enhanced' Contract with INEOS FPS

Jan 28, 2021

Oilfield services firm Petrofac has secured an 'enhanced' five-year contract with INEOS FPS, the operator of the key UK North Sea pipeline system - the Forties.Under the terms of the agreement, Petrofac will continue to supply personnel to the Unity Platform in the Central North Sea…

Neptune Energy Starts Drilling at Seagull Development Offshore UK

Jan 28, 2021

Neptune Energy has started drilling on the Seagull oil and gas development in the UK Central North Sea, the company said Thursday.Neptune is using the Gorilla VI (JU-248) jack-up rig, operated by Valaris. The company will drill four wells for…

Eni Gets UK North Sea Block

Jan 27, 2021

Italian oil company Eni has been awarded a new production license in the UK North Sea, resulting from an application made in the 32nd UK Offshore Licensing Round.The Licence, named P2511, covers an area of approximately 340 square kilometers…

Jersey Oil & Gas Sees 'Significant' Increase in Buchan Oil Field Resources

Jan 26, 2021

UK-focused oil and gas firm Jersey Oil & Gas (JOG), on Tuesday announced a significant increase in 2C contingent resource estimate for the Buchan oil field, within the Greater Buchan Area ('GBA') in the UK North Sea.Dynamic reservoir modeling…

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