North Sea oil news

The contract covers the Ula and Valhall installations in the Norwegian sector of the North Sea.

The Johan Sverdrup field is increasing its daily production capacity, expecting to reach around 500 000 bpd by the end of the year.

The expansion of the Snorre field in the North Sea consists of six subsea templates, which will be tied into Snorre A.

Chrysaor is seeking agreement for the storage of CO2 in a depleted Southern North Sea gas reservoir.

The project will see the company responsible for fixed lifting equipment and lifting accessories across the operator’s 11 assets in the region.

Equinor has awarded Norsea Group AS, Saga Fjordbase AS and ASCO Norge AS contracts for services at supply bases in Norway.

Independent Oil and Gas has awarded the rig contract for its Core Project Phase 1 to a subsidiary of Noble Corp.

Premier Oil has received the requisite level of support from each class of its creditors for its proposed merger with Chrysaor Holdings Limited.

Dolphin Drilling has secured a new combined contract with Norwegian oil and gas operator DNO Norge AS.

Preliminary estimates place the size of the discovery between 0.5 and 1.6 million m3 of recoverable oil equivalent.