North Sea oil news
Equinor awarding contracts for platform supply vessels
The contracts will take effect before the end of 2022, have a three-year firm period, and three one-year options. The vessels will support Equinor’s activities on the Norwegian Continental Shelf.
Wood Mackenzie comments on UK North Sea licensing round
The licensing round highlights four priority cluster areas in the Southern North Sea (Greater Pegasus Area, Greater West Sole Area, Greater Cygnus Area and Cotton Area).
Offshore drillers and contractors set to hold 48-hour stoppages after 95% support action following real terms pay cut
95% supported strike action in a ballot turnout of 86% after Unite accused oil and gas companies of ‘unfettered profiteering.’ The strike action will involve a series of 48-hour stoppages every second week for the first 8 weeks and will start on 20 and 21 October.
Neptune Energy awards US$53 million contract to CHC for Dutch sector
The contracts are part of a longer-term Alliance Agreement with CHC which will enable Neptune and CHC to optimise flight scheduling and route planning, and reduce the total number of offshore flights.
Equinor and Poland’s PGNiG agree long term gas sales contract
PGNiG and Equinor ASA group companies have concluded gas sales agreements for natural gas from the Norwegian Continental Shelf.
TechnipFMC awarded a significant subsea contract for Shell’s North Sea development
The contract covers pipelay for a 30 km tieback from the new Jackdaw platform to Shell’s Shearwater platform, as well as an associated riser, spoolpieces, subsea structures, and umbilicals.
Neptune Energy awards major decommissioning contract for Dutch, UK North Sea
Well-Safe Solutions’ Well-Safe Protector jack-up rig will carry out the plug and abandonment of at least four subsea and 17 platform wells located in Dutch and UK waters.
Petrofac awarded North Sea contract extension by Serica Energy
The contract, which builds on a relationship with Serica Energy which began in 2018, was enhanced in 2019 to include metering engineering services through the deployment of dedicated onshore and offshore personnel.
Tendeka extends decade-long relationship to provide sand and inflow control technology across Equinor’s NCS assets
Tendeka has signed a new multi-year contract extension to exclusively deliver standardised sand-face completion equipment across all Equinor’s assets on the Norwegian Continental Shelf. The agreement will see Tendeka manage the complete supply chain of sand and inflow control equipment through standardisation.
Serica Energy issues North Eigg drilling update
Serica’s net well cost after tax is anticipated to increase by approximately £3 million as a result of the delays and it is now expected that results from the well will be available in December 2022.