North Sea oil news

The transaction adds ten additional producing field interests to Ithaca's existing portfolio.

The equipment and service provided by Baker Hughes will support Apache North Sea’s exploration and development activities in the North Sea for the next three years.

Rystad Energy estimates the discovery to hold recoverable resources of around 70 million boe.

The company’s latest research reveals that the West of Shetland (WoS) area retains the attention of major exploration and production (E&P) players in the region.

The contract is with Serica Energy and is expected to commence in 4Q20.

Following completion of the latest work for i3 Energy, the Borgland Dolphin will go straight to the Knarr field on the Norwegian Continental Shelf.

Peterson has worked with Premier since 2010 providing integrated logistics services to support its North Sea activity.

The licence and assurance will allow certain US and US-owned or controlled entities and also non-US entities to continue providing goods, services and support to Rhum beyond 31 October 2019; when the current licence expires.

The first cargo of oil from the field is expected to leave for customers in Asia this week, and contain 1 million bbl with a market value of approximately US$60 million.

The company provides EPC services to the oil, gas and energy industries including engineering and maintenance of North Sea platforms from concept through to decommissioning.