North Sea oil news

The newly established Aker BP UK has taken a 50% interest in licence P2511 on the UK Continental Shelf.

The contract covers consolidation of development, exploration and P&A activities in the Dutch and UK sectors of the North Sea.

Preliminary estimates place the size of the discovery between 12 and 19 million m3 of recoverable oil equivalent, corresponding to 75-120 million bbl of recoverable oil equivalent.

Neptune Energy has announced the safe and successful installation of four Enhanced Horizontal Subsea Tree Systems for the Duva development project in the Norwegian sector of the North Sea.

LYTT has enhanced production at BP's North Sea Clair Ridge site by 2000 bpd via a 'tuning' strategy informed by real-time in-well data analysis.

Destined for the Seagull campaign in the UK Central North Sea, the technology will allow the operator to manage the field’s high bottom hole temperatures.

Heerema Marine Contractors Nederland SE will carry out removal, dismantling and recycling of the topsides and jackets of the Heimdal riser platform, Heimdal main platform and Veslefrikk A platform in the North Sea.

Diversification, decarbonisation and digitalisation are set to define the future of the UK's oilfield services sector, according to the latest EY UK Energy Services overview.

OGUK has stated that securing and sustaining investment in the sector is now critical to help the UK quickly realise a net-zero future.

The jack-up rig SWIFT 10 will be used to perform a plug and abandonment (P&A) campaign in the Dutch and German North Sea this summer.