North Sea oil news

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.

Kevin Swann, senior research analyst, North Sea upstream at Wood Mackenzie, said: “The deal continues the UK trend of smaller companies taking on assets from the majors."

In partnership with KPMG and supported by Fraser of Allander Institute, the Aberdeen and Grampian Chamber of Commerce has issued their 30th annual oil and gas survey.

An oil and gas sector logistics expert has outlined six practical steps the industry’s businesses trading with the EU should be taking now to prepare for a no-deal Brexit.

The company deployed its metal-to-metal downhole sealing solutions in Angola, Australia and the North Sea in 1Q19.

The event will take place from 3-6 September at the new £333 million The Event Complex Aberdeen (TECA), under the theme: ‘Breakthrough to excellence – our license to operate’.

The development project is targeting 30 million boe of gas condensate reserves from two subsea production wells in the UK Central North Sea.

Commencement of the contract, to support Wintershall DEA's West Mira drilling campaign in the Norwegian Sea, will take place in August/September 2019.