North Sea oil news

The work scope, valued at a seven figure sum, includes the inspection of infrastructure on five manned platforms and multiple unmanned satellite platforms.

Crondall Energy will deliver a Concept Select study for Pharis Energy’s heavy oil Pilot Field development in the Central North Sea.

The four blocks in the Central North Sea cover an area of approximately 500 km2, and include the Zeta prospect, which United estimates could contain over 90 million bbl of in-place oil.

The move follows recent investment in the company from a US-based private equity firm.

The well, offshore the Shetland Islands, UK, was shut-in yesterday to enable a planned pressure build-up test.

Equinor, Shell, Total and several other companies are studying the possibilities for developing CO2 storage on the Norwegian continental shelf (NCS).

The Oil and Gas Authority estimates that approximately 180 wells in the North Sea have issues with scale formation, which cost the industry approximately £106 million in 2017 alone.

The new and renewed awards have resulted in over 100 additional personnel being employed to support projects in the North Sea and Azerbaijan.

The work will be delivered by Wood’s Aberdeen-based operations and engineering teams, with construction and maintenance operatives working offshore.

The company will provide engineering support services as a tier 1 contractor for brownfield modifications and projects across Repsol Sinopec Resources UK’s operated assets and terminal at Flotta.