North Sea oil news
Unity awarded three-year, three platform, contract extension
The contract with an unnamed UK oil and gas operator, worth an annual six figure sum, has two additional one-year extension options.
Estimated costs for UKCS decommissioning continue to fall, according to OGA
Estimated decommissioning costs have, to date, reduced by 19% since the OGA began benchmarking in 2017.
Neptune Energy and Eserv to work on digitisation of Cygnus platform
The partnership with Eserv is part of the first phase of Neptune Energy’s strategy to “digitise” its assets and processes.
Can the North Sea survive?
Kyrah McKenzie, Wood Mackenzie, UK, considers the implications of the oil price crash and coronavirus for the North Sea upstream industry.
Wellesley Petroleum given drilling permit by NPD
Well 6204/11-3 will be the first exploration well to be drilled in production licence 829.
Lloyd's Register welcomes OGA Energy Integration Project report
Lloyd's Register conducted a detailed technical study on behalf of the Oil and Gas Authority (OGA) into potential options for decarbonising the offshore energy system.
OGA: offshore energy integration can deliver 30% of UK’s net zero target
The Oil and Gas Authority's Energy Integration Project report has found that oil and gas platform electrification is essential to cutting sector production emissions in the near term, and critical to the industry’s social licence to operate.
Fraser Well Management adds Victoria well to operatorship portfolio
The company has been contracted by NEO Energy to operate the Victoria well in the southern North Sea.
Fugro carries out first fully remote platform inspection in North Sea
The inspection was carried out in UK waters, 250 km east of Scotland, using an ROV and the company's remote operations centre in Aberdeen.
Equinor transfers operatorship of Bressay project to EnQuest
The Bressay oilfield was discovered east of Shetland in 1976 and Equinor became operator in 2007.