North Sea oil news

The discovery in the main reservoir is currently estimated to contain between 5 and 25 million bbl of oil in-place. It has not yet been concluded if the discovered oil is commercial.

The three-year agreement will establish VSAT and supporting 4G LTE coverage for Rever’s three offshore support vessels – the Sapphire, Topaz and Polaris – operating throughout the North Sea.

TechnipFMC will manufacture, deliver and install subsea equipment at the Seagull project in the Central North Sea.

The plant to be installed on the Gudrun field in the North Sea is expected to extend field life by three years compared to the original plan.

United was awarded the North Sea blocks 15/18d and 15/19b in August 2018, and holds a 95% equity interest.

After finalising the transaction related to the Duva field, the company will hold shares in 27 licenses on the Norwegian Continental Shelf.

Acreage is on offer in the Central North Sea, Northern North Sea, Southern North Sea and the West of Shetlands.

The assets are located in the eastern North Sea and are considered to be non-core by Total.

The contract will see the Netherlands-headquartered business supplying a 2 in. ID 345 psi rated Gas Lift Jumper to support the independent E&P company’s operations in the Guillemot field, approximately 175 km east of Aberdeen.

The move follows a recent contract win and the acquisition of the company's first asset.