North Sea oil news

Aker BP ASA, operator of production licence 790, has concluded the drilling of wildcat well 34/2-5 S. The well is dry.

The Petroleum Safety Authority Norway have given Wellesley Petroleum (Wellesley) consent for exploration drilling of well 35/12-6 S in production licence 925 in the North Sea.

Noting a significant upturn in marine activity supporting the UKCS oil and gas sector, Aberdeen-based Seacroft Marine Consultants Limited has reported more than £500,000 in new contracts won in the first 3 months of 2018.

BP has committed to two new North Sea developments which are expected to produce 30 000 boepd at peak production.

Rowan Companies plc has announced that the Rowan Viking, an N-Class ultra-harsh environment jack-up rig, has been awarded a five well programme by Shell UK Limited for plugging and abandonment work on the Goldeneye platform in the Central North Sea. 

The contract follows a successful 2017 for Bureau Veritas’s North Sea Offshore Operations, after it secured contracts worth more than £10 million.

Minor oil discovery north-west of the Gjøa Field in the North Sea – 35/9-13, 35/9-14 and 35/9-14 A

A leading energy economist has predicted that total field expenditures in the North Sea could amount to £268 billion over the next three decades.

OKEA has announced that Chrysaor, the leading oil & gas independent, has through its Norwegian subsidiary Chrysaor Norge A.S. entered into an agreement with OKEA to acquire a 15% interest in the PL038D license, covering the Grevling oil discovery in the Norwegian North Sea.

Collaboration is key to unlocking stranded five million bbl North Sea oilfield.