North Sea oil news

The projects will commence in 2Q20 and 3Q20.

PFS was asked to carry out work to wet test nine deluge systems on Chrysaor's Britannia platform.

The contract has been extended until at least March 2022.

In January 2020 there were plans for approximately 50 exploration wells, but this has been reduced to 40 by the effects of the Covid-19 pandemic and low oil prices.

Allseas’ heavy lift vessel Pioneering Spirit will execute the work for Aker BP at the Valhall oilfield between 2021 and 2026.

At least nine of the world’s top planned exploration wells for 2020 are at risk of being suspended as a result of the combined effect on oil and gas activities of the Covid-19 virus and the oil price war.

The module was lifted onto a barge at the Rosenberg Worley yard in Stavanger, Norway, and will be transferred to the world's largest crane vessel, Heerema’s Sleipnir, then installed on the Neptune-operated Gjøa platform.

Neptune anticipates 2020 to see produced volumes increase, reflecting production from the Cygnus field and an additional 3000 boe/d from assets set to be acquired from Energean Oil & Gas.

Equinor has said the North Sea field is on course to reach plateau production for the first phase in early May, earlier than anticipated.

Siccar Point and Shell UK had been planning to bring the project to a Final Investment Decision (FID) in 3Q20.