North Sea oil news

The agreement is in relation to UK offshore licences P1929 and P2304, which contain the Resolution and Endeavour gas discoveries respectively.

Cairn Energy has provided an update on its operations in the North Sea, West Africa and Latin America.

The handover of the Brae Area in the North Sea is expected to be completed in the second half of the year.

The consent applies to the use of the Island Wellserver well intervention facility for light well intervention on fields in the North Sea, Norwegian Sea and Barents Sea.

The project, which reinstated a 25-t riser pull-in winch and three 200-t anchor chain winches, is estimated to have contributed to extending the working life of the FPSO by a further 10 years.

Estimated net production from Serica’s interests in Bruce, Keith, Rhum (“BKR”) and Erskine, in the UK North Sea, was 30 000 boe/d during 2019, around 13% higher than the production from the same assets in 2018 on a like-for-like basis.

Unity deployed its Temporary Abandonment Cap Test Tool (TACTT) to pressure test two suspended mudline wells in the North Sea in support of an end of life campaign undertaken by Petrofac for a multinational operator.

8 of the production licences are in the North Sea, 8 in the Norwegian Sea and 7 in the Barents Sea.

The company was drilling northwest of the Balder field in the central part of the North Sea when it made the discovery of several oil and gas-bearing intervals.

In a two-year deal valued in the region of US$50 million, Petrofac will integrate the services of its Operations, Projects and Well Engineering service lines.