North Sea oil news

A new technique to monitor the long-term integrity of suspended or decommissioned oil and gas wells in the North Sea is in development via a collaborative project involving Sentinel Subsea, Heriot-Watt University and the Oil & Gas Innovation Centre.

Equinor has strengthened its operated position in the Njord area as a result of the transactions.

“Through this transformational acquisition, Noreco will become the second largest oil and gas producer in Denmark and establish itself as a considerable exploration and production company in the North Sea,” said Riulf Rustad, Chairman of the Board of Noreco.

Paul Allan, who has more than 10-years’ experience in delivering naval architecture and marine warranty surveying (MWS) to the oil and gas industry, has been appointed to the position by the Scotland-based firm.

Delek said it believed that if a deal is reached, it could be completed this year and would be financed through bank loans and its own resources.

The company’s offshore business unit has been awarded an extension to its existing contract with CNOOC Petroleum Europe Limited for the Scott platform.

Stuart Carter, head of oil and gas at Fieldfisher, looks at how law firms are responding to the market's changing needs.

The independent global completions service company has more than doubled its work in the UK offshore sector over the past twelve months.

HydraWell has signed a contract with an undisclosed UK-based supermajor to provide equipment and personnel for plug and abandonment services in the UK North Sea.

The company, through its subsidiary Zennor Pathway Limited, is currently developing the 100% owned Finlaggan field in the UK Central North Sea.