North Sea oil news

The Petroleum Safety Authority Norway (PSA) has given its consent for ConocoPhillips Skandinavia AS (ConocoPhillips) to dispose of the Ekofisk 2/4 H, Ekofisk 2/4 A, Ekofisk 2/4 FTP and Ekofisk 2/4 Q facilities in the North Sea.

Merger and acquisition (M&A) activity on the UK Continental Shelf (UKCS) has surpassed US$8 billion this year in a clear sign that confidence is gradually returning to the basin, says Oil & Gas UK’s newly launched Market Insight.

The contract covers the provision of subsea equipment including umbilicals, risers, flowlines and the subsea production system for the Fenja Project (previously known as Pil & Bue). Fenja is located in the Norwegian Sea and will be tied back to the Njord platform.

Subsea 7 S.A. has announced the award of two contracts from alliance partner Aker BP in the Norwegian North Sea.

Bibby Offshore, a leading subsea services provider to the oil and gas industry, has successfully completed a multi-million pound contract with Maersk Oil UK, providing both subsea structure and pipeline inspection support in the UKCS.

Sparrows Group has secured a new five-year contract with Premier Oil for the provision of crane operations and maintenance across two of its North Sea assets.

The company will supply the subsea production system and design the topside of the floating production, storage and offloading (FPSO) facility, which will be the largest-ever of its kind offshore Norway.

Industry body urges organisations to step forward with game changing technologies.

Aberdeen’s Robert Gordon University (RGU) has launched a state-of-the-art decommissioning simulator to service the growing sector.

The findings of the 27th Oil and Gas survey, conducted by Aberdeen & Grampian Chamber of Commerce, reveal that 49% of contractors surveyed are more optimistic about their activities in the current year, up from 38% since the spring survey.