North Sea oil news

Global science-based technology company, 3M has completed a global oil and gas industry first by deploying its Ceramic Sand Screens using a light well intervention vessel instead of a full rig.

PGNiG has obtained interests in two more exploratory and production licenses in the Norwegian Sea as well its first production license in Pakistan.

Enpro Subsea has announced a research and development grant from Scottish Enterprise which will see the firm investing £1.5 million to develop its flow assurance technology further to address emerging markets in deeper waters.

OneSubsea has announced that it has been awarded an engineering, procurement and construction contract by Statoil to supply the subsea production system for the Utgard gas and condensate discovery in the North Sea.

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for wellbore 6507/3-12, cf. Section 8 of the Resource Management Regulations.

Faroe Petroleum has announced that it has been awarded four new prospective exploration licences, including two operatorships, under the 2016 Norwegian APA (Awards in Pre-defined Areas) Licence Round on the Norwegian Continental Shelf.

Utgard is a gas and condensate field on Norwegian and UK continental shelf while Byrding is an oil and gas field north of the Troll field.

One year after the licence award Statoil has made an oil and gas discovery close to Norne estimated at between 20 and 80 million bbls.

Cyberhawk Innovations, the world leader in aerial inspection and survey using Unmanned Aerial Systems (UAS), otherwise known as drones, has welcomed Oil & Gas UK’s new guidelines on the use of drones in offshore environments.

Oil and gas production on the Norwegian shelf is high. The adjustment process has been extensive, but the cost reductions implemented by the industry will lay the foundation for profitable activity for many years to come