North Sea oil news
New decommissioning company targets £200 million investment to exploit market opportunity
Well-Safe Solutions will provide a ground-breaking approach to the safe and cost-efficient decommissioning of subsea wells.
Statoil: second small gas discovery in the Barents
Statoil and partners OMV and Petoro have made a small gas discovery in the Gemini North well, northeast of the Wisting discovery in the Barents Sea. The well also proved oil.
Expro secures 26 well abandonment contract for UK North Sea multi-field campaign
Expro has been awarded a substantial contract from global oil and gas company Maersk Oil for the provision of subsea and well test services on two offshore units in the North Sea.
HydraWell secures UK P&A deal
Centrica North Sea Limited (Centrica) has awarded HydraWell a three-year frame contract to provide plug & abandonment (P&A) technology and services for the operator’s “A Fields” in the southern part of the North Sea.
Faroe: Acquisition of a further Interest in UK producing Blane Field
Faroe Petroleum has announced the conditional acquisition of a further 13.9935% interest in the Blane Field in the UK North Sea from JX Nippon Exploration and Production (UK) Limited for a total consideration of US$5.25 million.
EV to invest in Aquaterra Energy
Aquaterra Energy has secured a multi-million pound investment from EV Private Equity.
Statoil granted consent for Troll field
Petroleum Safety Authority Norway has granted Statoil consent for major modification, installation and start-up of the Troll B ZMP module.
Maersk Oil completes Culzean jacket installation
The Maersk Oil operated high pressure, high temperature (HPHT) Culzean development in the UK North Sea has reached a key milestone with the safe installation of all three of the project’s jackets, on time and on budget.
Aker BP obtains exploration drilling consent
Aker BP has been given consent to drill exploration wells in block 25/2 in the North Sea.
Independent Oil & Gas: Blythe and Elgood FDP Submission
Independent Oil and Gas plc has announced that it has submitted the Field Development Plan to the UK Oil and Gas Authority for the Blythe Hub, which comprises the Blythe and Elgood fields.