North Sea oil news

Beginning in early April 2017, FairfieldNodal will commence back-to-back surveys in the North Sea, continuing what is expected to be a busy acquisition season.

UK Chancellor, Philip Hammond, has announced possible tax incentives for the oil and gas industry. A selection of industry commentators give their verdict.

Key figures from the oil and gas sector will be gathering at the University of Aberdeen next month for a conference that will focus on collaboration as the key to maximising economic recovery in the North Sea.

Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has commenced appraisal drilling on the Edvard Grieg field and the Gohta discovery.

Aker BP ASA (Aker BP) is the operator of the Volund field, in the North Sea, around 220 km west of Tananger in Rogaland county. Volund is an oil field that has been developed using a subsea facility tied back to the Alvheim FPSO unit.

Forum Energy Technologies, Inc. has delivered a Remotely Operated Vehicle (ROV) to ESEA Submarine AS to perform a variety of offshore roles, including inspection, survey and salvage work.

Sparrows Group has secured a five year contract to deliver hydraulic, lifting and rigging services for Maersk Oil’s UK floating assets.

DNV GL, the multinational provider of risk management services, is further developing its consultancy services to address key industry challenges such as enhancing safety, efficiency and performance.

UK-based start-up Rovco has taken its firsts steps into international waters and made significant progress towards growing its global footprint following the completion of two subsea survey contracts in Southeast Asia and the Middle East.

A geological analysis of the Rockall area of the North Atlantic has revealed previously unknown insights that could lead to new oil and gas discoveries in the UK Continental Shelf (UKCS).