North Sea oil news

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.

The assets to be sold by BP include its interests in the Andrew area in the central UK North Sea and its non-operating interest in the Shearwater field.

With the successful Serenity discovery and remaining potential at Liberator, the company has begun planning a mid-2020, multi-well appraisal programme and is simultaneously conducting a farm-down process of its licences to potentially fund the 2020 drilling campaign.

The two framework agreements are for the provision of Engineering, Procurement, Construction and Commissioning (EPCC) services.

North Sea Blocks 15/18d and 15/19b (Licence P2366) have been sold to Anasuria Hibiscus UK Limited for a headline consideration of up to US$5 million.