Ukcs News

 

Baron Oil Increases Stake in UK Offshore Block Containing Promising Dunrobin Prospect

Aug 20, 2021

Baron Oil has increased its interest in a UK North Sea offshore block containing the Dunrobin prospect, dubbed one of the few remaining sizeable undrilled UK North Sea targets.Baron Oil said this week that Corallian and Upland, its partners…

JOG Lets Two North Sea Licenses Expire. No Impact on GBA Farm-out

Aug 18, 2021

UK-based oil and gas firm Jersey Oil & Gas has decided to let two North Sea licenses expire as they're not part of the company's Greater Buchan Area hub project.The licenses in question are P2497 Block 20/4c (Zermatt) and P2499 Block 21/2a (Glenn)…

Ping to Buy Out Summit from Avalon Oil Field. Targets First Oil for 2023

Aug 13, 2021

Malaysian oil company Ping Petroleum, a subsidiary of DNeX, has agreed to buy the remaining 50 percent stake in the Avalon oil field in the UK North Sea, for $17 million.Ping will buy the 50 percent stake in the oil field from Summit Exploration and Production…

VIDEO: Heerema Removes Topside from TAQA's Brae Bravo Platform

Aug 13, 2021

Oil and gas firm TAQA said Friday that Heerema Marine Contractors had successfully removed the topside of its Brae Bravo platform in the UK North Sea.'This marked the completion of two successful ground-breaking campaigns with HAF, the Heerema…

Scotland's First Minister Urges UK Gov't to 'Reassess' Existing Offshore Licenses Citing Climate Emergency

Aug 12, 2021

Scotland's First Minister Nicola Sturgeon has sent a letter to the UK Prime Minister Boris Johnson, asking for the UK Government to reassess offshore oil and gas licenses already issued but where field development has not yet started, 'in light…

Cairn to Farm Into Deltic's North Sea Blocks

Aug 12, 2021

UK North Sea focused oil and gas company Deltic Energy has entered into a binding, conditional farm-out agreement in relation to five of its gas licences in the Southern North Sea with Cairn Energy.Cairn will acquire a 60% interest in each of…

Partners Sell Beatrice Offshore Wind Farm's Transmission Assets

Jul 30, 2021

The consortium owning the Beatrice Offshore wind farm off the coast of Scotland, has signed an agreement to sell the 588MW wind farm's Offshore Transmission Assets (OFTO) to Transmission Capital Partners.The buyer is a consortium comprising International Public Partnerships Limited…

Harbour Energy Taps Xodus for Offshore Platform Electrification Support

Jul 30, 2021

North Sea oil and gas producer Harbour Energy has tapped consultancy Xodus to assess the infrastructure and modifications required to enable electrification of the oil and gas company's Central North Sea platforms.The move comes following the…

UK: Subsea 7 Installs Pipeline Bundle at CNOOC's Buzzard Offshore Field

Jul 30, 2021

Offshore installation company Subsea 7 said Friday that July 2021 marked the successful installation of a 5km pipeline bundle for China-based CNOOC's Buzzard Phase II (BPII) project in the UK North Sea, moving the project a step forward towards…

Gazprom to Buy Gas from IOG's UK North Sea Fields

Jul 29, 2021

Oil and gas company IOG, focused on developing gas fields in the Southern North Sea, off the UK, has signed a gas sales agreement with Gazprom Marketing & Trading Limited ('GM&T').The contract follows a competitive offtake process involving more than 10 bidders over recent months…

Hurricane Energy Restarts Lancaster Production after FPSO Shutdown

Jul 28, 2021

Oil production has resumed from Hurricane Energy's Lancaster field off the UK after the scheduled annual maintenance shutdown of the Aoka Mizu FPSO earlier in July.'Production from the 205/21a-6 well is currently stabilizing, and a further update…

UK's Support of North Sea Oil and Gas Producers Challenged in Court

Jul 28, 2021

The British High Court has agreed to hear a case by environmental campaigners claiming that the government's support of North Sea oil and gas companies conflicted with its plans to slash the country's carbon emissions by 2050.The legal challenge…

Neptune Energy Hires Fugro for Cygnus Subsea Work

Jul 21, 2021

Dutch seabed survey services firm Fugro has won a subsea inspection contract with the oil and gas company Neptune Energy at the Cygnus gas field in the UK North Sea.As part of the contract, Fugro will employ its specialized survey technology to inspect the subsea infrastructure…

Harbour Energy Delays North Sea Field Start-Up as Platform Issues Found

Jul 21, 2021

London-listed oil and gas Harbour Energy has hit a snag with the start-up of its Tolmount offshore gas field in the UK North Sea, as electrical systems issues were found during the testing of the recently delivered offshore platform. The start-up…

IOG: Elgood Well Output Rates Better Than Expected. Mechanical Issues to Delay First Gas

Jul 19, 2021

UK North Sea-focused oil and gas company IOG, working to develop gas fields in the Southern North Sea, has shared the results of its first development well being drilled as part of Phase 1 of its Core project. The company said the output rates were above expectations…

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