Ukcs News


Jersey Oil & Gas to Buy Cieco V&C

Nov 26, 2020

UK oil and gas exploration and production firm Jersey Oil & Gas (JOG), has agreed to buy Cieco V&C, a company which owns an interest in JOG-controlled Licence P2170, in the UK North Sea.The company has entered into a conditional sale and purchase…

"No Rush to Decommission," OGUK Says, as Virus, Low Oil Prices Force Firms to Delay Projects

Nov 24, 2020

Falling oil prices and the Covid-19 effects have forced oil and gas companies to cut their spending wherever possible, leading to, as a consequence, to delays with planned UK North Sea decommissioning programs, with a 30 percent drop in decom expenditure expected in 2020…

EnQuest Cuts Output Guidance Due to Incident Off Malaysia and N. Sea Maintenance Works

Nov 24, 2020

London-listed oil company EnQuest has lowered its full-year production guidance, citing scheduled maintenance and an incident on an offshore platform in Malaysia as the reasons.Group production averaged 60,777 Boepd in the ten months to end October 2020…

Power Purchase Deals Signed for World's Largest Offshore Wind Farm

Nov 24, 2020

SSE Renewables and Equinor, partners in the development of the 3.6GW Dogger Bank Wind Farm complex in the UK North Sea, have signed 15-year offtake Power Purchase Agreements (PPAs) for the first two phases of what will be the world’s largest offshore wind farm…

Sparrows to Maintain Morecambe Hub Cranes for Spirit Energy

Nov 19, 2020

Offshore crane services firm Sparrows has won a five-year contract by Spirit Energy to provide crane maintenance and lifting services across its Morecambe Hub assets in the East Irish Sea, off the UK.The Morecambe Hub comprises of six fields…

Chrysaor Takes Skandi Aukra PSV on Long-term Charter

Nov 13, 2020

Norwegian offshore support vessel operator DOF Group has secured a long-term contract for its Skandi Aukra platform supply vessel.The vessel has been chartered by the UK North Sea operator Chrysaor. The charter will begin in December 2020, in direct continuation of its current contract…

Premier Oil Cuts 2020 Output Forecast Due to Issues at Catcher Field

Nov 12, 2020

Premier Oil cut its 2020 production outlook to 61,000-64,000 barrels of oil equivalent per day from a previously forecast 65,000-70,000 on Thursday, due to problems at its Catcher field.The company also said it plans to issue a prospectus in…

UK: Sparrows in 5-Year Offshore Inspection Services Deal

Nov 11, 2020

Offshore engineering and maintenance solutions provider Sparrows Group has said it has won a five-year contract with a major UK Continental Shelf operator to provide inspection services across all its assets in the region.The company, which didn't reveal the identity of the client said…

Chrysaor Files Application for Offshore CO2 Storage License

Nov 10, 2020

Chrysaor, a UK-North Sea focused oil and gas company, has tendered a license application for the purpose of storing CO2, and will, in parallel, seek agreement for a storage lease with The Crown Estate for the storage of CO2 in a depleted Southern North Sea gas reservoir…

Taqa Deploys Predictive Maintenance Software on Three North Sea Platforms

Nov 09, 2020

Predictive analytics company VROC has won a contract with oil firm Taqa to provide predictive maintenance software for Taqa's North Sea oil and gas platformsThe three oil and gas platforms, Tern, Cormorant Alpha, and Harding, located in the UK North Sea will initially use the technology…

UK: Offshore Oil & Gas Body Launches Diversity and Inclusion Survey

Nov 06, 2020

OGUK, the representative organization for the UK offshore oil and gas industry, has started 'a first-of-its-kind' survey that will deliver a baseline for diversity and inclusion (D&I) demographic and sentiment within the sector. OGUK said the…

Shell Committed to Drill High Impact North Sea Well, Partner Says

Nov 05, 2020

Oil and gas major Shell has reiterated its commitment to the drilling of the high impact Pensacola well in Licence P2252 in the UK North Sea, Deltic Energy, Shell's partner in the offshore block said Thursday.'Deltic is pleased to report that Shell…

Dana Petroleum Brings Online New Well at Bittern Offshore Field

Nov 03, 2020

Oil and gas company Dana Petroleum has brought online a new well on the Bittern oil and gas field in the UK North Sea.'Production from the new B5 well, which is a sidetrack of an existing Bittern well, is running at over 5,000 barrels of oil per day…

Premier Oil Creditors Support Merger with Chrysaor

Nov 03, 2020

UK oil company Premier Oil's creditors have given their approval for the company's merger with rival Chrysaor, proposed in October.To remind, the two UK-based offshore oil and gas companies Premier Oil and Harbour-controlled Chrysaor agreed to merge in an all-stock transaction…

IOG Hires Noble Corp. Jack-Up Rig for North Sea Project

Nov 03, 2020

UK-based oil firm Independent Oil and Gas has awarded the rig contract for its Core Project Phase 1 in the North Sea to Noble Corporation.The Core Project comprises gas resources across six discovered UK Southern North Sea ('SNS') gas fields…

Current News

Hexicon to Deploy Floating Wind Turbines Off Norway

Hexicon to Deploy Floating Wind Turbines Off Norway

Spirit Energy Gets Approval to Extend Vale Field Life

Spirit Energy Gets Approval to Extend Vale Field Life

Rosneft Posts $2B Income in 1Q, Boosted by Oil Price Recovery

Rosneft Posts $2B Income in 1Q, Boosted by Oil Price Recovery

Rockhopper vs. Italy: Tribunal Ruling on Offshore Project Expected in July

Rockhopper vs. Italy: Tribunal Ruling on Offshore Project Expected in July

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