North Sea oil news
Aker Solutions secures contract extension with ConocoPhillips in Norway
The company will continue as ConocoPhillips' main supplier of maintenance and modifications work offshore Norway.
Neptune Energy commences drilling of Bue well
The well is located in the Fenja field in the Norwegian North Sea.
OGA offers 113 licences for award in 32nd Offshore Licensing Round
The 113 licences have been offered over 259 blocks or part-blocks to 65 companies.
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.