Stuart Carter, head of oil and gas at Fieldfisher, looks at how law firms are responding to the market's changing needs.
The independent global completions service company has more than doubled its work in the UK offshore sector over the past twelve months.
HydraWell has signed a contract with an undisclosed UK-based supermajor to provide equipment and personnel for plug and abandonment services in the UK North Sea.
The company, through its subsidiary Zennor Pathway Limited, is currently developing the 100% owned Finlaggan field in the UK Central North Sea.
The company has been awarded a contract by Lundin Norway to deliver early well construction, via its Well Start solution, on three additional wells in the Edvard Grieg field.
The company has been awarded new contracts in offshore drilling in Norway and Middle East totalling over US$200 million.
Serica Energy has announced that exploration well 22/19c-7 in the central North Sea is not hydrocarbon bearing.
The project with Equinor is expected to produce revenue of approximately US$1 million over a one-year period.
Wildcat well 36/1-3, about 15 km east of the 35/3-2 (Agat) gas discovery, was found to be dry and has now been permanently plugged and abandoned.
The Rolvsnes oil discovery is located in PL338C on the southern side of the Edvard Grieg field and is a fractured and weathered granite basement reservoir.