North Sea oil news
Viaro Energy receives NSTA licence approval for acquisition of 15% stake in Bressay
Viaro Energy has announce that it has received regulatory approval from the North Sea Transition Authority (NSTA) for the assignment in the Bressay oil field licence, following the recently completed acquisition agreement with EnQuest.
Data dashboard expanded to drive decommissioning savings
Cost-efficient decommissioning has received a significant boost with the relaunch of a bigger, better digital data dashboard providing vital information about upcoming work to potential suppliers.
AkerBP’s Utsira High offshore project is awarded to Corinth Pipeworks
Corinth Pipeworks was awarded a contract from TechnipFMC for 27 km of high frequency welded (HFW), steel pipes for the Utsira High Project development project in the North Sea.
Serica Energy announce acquisition of interest in Greater Buchan area
Serica Energy has announced the completion of the acquisition by its wholly owned subsidiary, Serica Energy (UK) Limited, of 30% non-operated interests in the P2498 and P2170 licences (together the Greater Buchan Area (‘GBA’)) from Jersey Oil & Gas (‘JOG’).
24 licences offered in second tranche of 33rd oil and gas licensing round
Shell, Equinor, bp, Total and NEO are among the 17 separate companies which have been offered a total of 24 licences in the second tranche of the 33rd oil and gas licensing round.
Equinor awarded 39 new production licences on the Norwegian continental shelf
Equinor was awarded 39 new production licences by the Ministry of Energy in this year's Awards in Predefined Areas (APA).
Dry well in the North Sea
Equinor’s exploration well 30/4-4 in the North Sea is dry. The well was drilled about 7 km north of the Martin Linge field in the North Sea and 180 km west of Bergen.
Valaris announces contract awards and fleet status updates
Valaris Limited has announced new contracts and contract extensions, with associated contract backlog of approximately US$1.14 billion, awarded subsequent to issuing the Company’s most recent fleet status report on November 1, 2023.
Subsea7 awarded contract in North Sea
Subsea7 S.A. has announced the award of an extension of an existing frame agreement by bp, for subsea construction, inspection, repair and maintenance services (IRM), across bp’s North Sea assets.
Capricorn provide North Sea contingent payment update
Capricorn has entered into an agreement for the full settlement of the payment terms of its sale and purchase agreement with Waldorf Production UK PLC relating to the disposal of its previously held interests in the Catcher and Kraken fields.