North Sea oil news
Premier Oil signs SPAs for BP North Sea acquisitions
The acquisitions remain conditional on agreeing the terms of the refinancing of Premier’s existing credit facilities, equity funding and customary other approvals, including shareholder approval.
Vår Energi resumes drilling operations
The company is to resume drilling in the Barents Sea and the North Sea.
Premier Oil seeking debt extension
Premier Oil is seeking a four-to-five year extension to debt due next year.
OKEA acquires Aurora discovery from Equinor
Aurora is a small gas discovery in the North Sea located west of the Gjøa field.
Wintershall Dea extends Head Energy's Brage platform contract
Head Energy was awarded the frame agreement for modifications at Brage in 2016 and the extension means that the contract now runs to 2022.
Side-track well to be drilled at Dugong discovery
Hydrocarbons were discovered at the Dugong well (PL 882), located in the Norwegian sector of the North Sea, last week.
Aibel awarded Oseberg portfolio agreement for 2020 – 2026
The aim of the portfolio agreement is to ensure a holistic approach to planning and execution of projects at the Oseberg fields in the North Sea.
Hurricane Energy announces drop in production at Lancaster field
Production from the Lancaster field was 1.3 million bbl in 2Q20, compared to 1.4 million bbl in 1Q20.
ICONIC installs first iTP in Norwegian North Sea
Designed to provide real time pressure and temperature data anywhere in the well, the Instrumented Tubular Plug has been qualified for use on high pressure high temperature wells.
Deepsea Atlantic rig to drill 12 wells at Johan Sverdrup
Equinor and its partners have signed a letter of intent with Odfjell Drilling for the Deepsea Atlantic rig to drill 12 wells during phase 2 of the Johan Sverdrup field development.