North Sea oil news

The Yme New Development project is now moving into the phase for hook-up, commissioning and preparation for production startup.

Equinor and its licence partners are aiming to increase the recovery factor from the North Sea Statfjord Øst field from 56% to 62%.

Preliminary estimates place the size of the discovery between 75 million and 200 million bbl of recoverable oil equivalent.

Operator Neptune Energy estimates the project will add 2.4 million m3 of oil equivalent (15 million bbl o.e.) from Gjøa.

Glacier Energy will provide export gas coolers for Total Exploration and Production UK’s North Alwyn Platform, in the North Sea.

Aker Solutions will carry out the hook-up of the fifth platform on the Johan Sverdrup field.

Two of Neodrill's CAN-ductors were installed in April on two of Neptune Energy’s exploration wells in the Norwegian North Sea.

The project will add almost 200 million bbl of recoverable oil reserves and help extend the productive life of the Snorre field through to 2040.

The drilling programme for well 2/9-6 S relates to the drilling of a wildcat well in production licence 617, about 31 km east of the Valhall field.

Denmark has cancelled its latest licensing round and put an end date of 2050 on all oil and gas exploration and extraction in the North Sea.