North Sea oil news

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.

Aquaterra Energy has secured a multi-million pound investment from EV Private Equity.

Petroleum Safety Authority Norway has granted Statoil consent for major modification, installation and start-up of the Troll B ZMP module.

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 has been given consent to drill exploration wells in block 25/2 in the North Sea.

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.

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 7220/11-4 A, cf. Section 8 of the Resource Management Regulations.

Aker BP has received consent to drill two exploration wells in the North Sea.

DeepOcean will perform remote hyperbaric tie-in of the oil export pipeline on the Johan Sverdrup field in the North Sea.

Regional offshore oil and gas services have never been better placed with the technical expertise and experience to support a returning North Sea sector, says Joe Orrell, managing director at engineering services firm RED Engineering.