North Sea oil news

Since 1996, the Sleipner field in the North Sea has been used as a facility for carbon capture and storage by Equinor as operator and a group of partnering companies.

The decommissioning project in the Schooner and Ketch fields will start immediately with a plan to commence offshore operations at the end of 2019.

PGNiG Upstream Norway and its partners decided to move to the select phase of the project, during which key technical decisions regarding the field development will be made.

Production start at the King Lear field, located in the North Sea, is planned for 2025.

The combined flow from both wells during a 72-hour production test earlier this week reached and maintained the planned production rate of 20 000 bpd.

The licences are situated in the Moray Firth and East Shetland Platform.

PGNiG Upstream Norway holds an 11.92% interest in the Ærfugl project in the Norwegian Sea. The operator is Aker BP, while the other partners are Equinor Energy and Wintershall DEA.

A final investment decision is planned to be taken by May 2022.

The contract is with DeepOcean to support the hook-up and commissioning of the Valhall Flank West project, operated by Aker BP.

Over the past six months, the company has been awarded contracts for the Total Tyra redevelopment project, an inspection, repair and maintenance campaign for Repsol Sinopec, a decommissioning contract with Spirit Energy, and a scale squeeze scope for Premier Oil’s Huntington field.