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…

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…

NEO Energy in Exclusive Talks to Buy ExxonMobil's North Sea Assets

Jan 21, 2021

North Sea-focused oil company NEO Energy has entered into exclusive talks with ExxonMobil to buy the U.S. oil giant's UK North Sea assets.NEO, backed by Norwegian private equity investor HitecVision, said Thursday that if the talks are successful…

EnQuest Completes Bressay Field Stake Buy

Jan 21, 2021

London-listed oil firm EnQuest has completed the acquisition from Equinor of a 40.8125% interest in the Bressay oil field development on the UK continental shelf. It has also become the operator of the project.As a result, EnQuest has a 40.81%…

Solstad Nabs One-year Charter for Sea Forth PSV

Jan 19, 2021

Norwegian offshore vessel owner Solstad Offshore has won a contract for its platform supply vessel Sea Forth.Solstad Offshore said Tuesday that the vessel had won a term contract with an unnamed UK operator to support their assets in the UK North Sea…

Wood, Spirit Energy Extending Life of Morecambe Bay Gas Fields

Jan 19, 2021

Energy services giant Wood has won a contract with oil firm Spirit Energy to provide late-life solutions for the Morecambe Bay gas fields, one of the UK’s largest gas accumulations.The five-year consolidated services contract is valued at $130 million…

UK: OGA to Take 'Blended Approach' with License Change Requests

Jan 13, 2021

The UK Oil and Gas Authority said Wednesday to would take a 'blended approach' when it comes to the companies' compliance with oil and gas license timelines, in the wake of the pandemic.The regulator had back in March 2020 said it would seek…

Premier Oil Shareholders Vote in Favor of Merger with Chrysaor

Jan 12, 2021

Premier Oil shareholders on Tuesday voted in favor of a reverse takeover of private equity-backed Chrysaor to create the British North Sea's biggest oil and gas producer in which Premier shareholders will hold about 5.5%.'Shareholder approval for the Transaction has now been received…

Oceaneering and Stork Net Work on Neptune Energy's Cygnus Platform

Jan 12, 2021

Offshore services providers Oceaneering and Stork have won integrity management and fabric maintenance contracts on Neptune Energy's Cygnus platform, offshore the UK. The contracts are worth around $6.5 million.Oceaneering will supply integrity management services covering pressure systems…

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