North Sea oil news

Lime Petroleum AS has entered into sale and purchase agreements with DNO Norge AS (‘DNO’) and OKEA ASA (‘OKEA’), to acquire 10.7212% and 6.2788% interests respectively in PL740 in the Norwegian North Sea, in which the Brasse Field is expected to start commercial production in 2027.

Equinor has made a gas discovery by the Gina Krog field in the North Sea. The discovery is small, but gas production can start as early as 2023.

The Seagull project was developed by Neptune in partnership with BP and JAPEX and is tied back to the BP-operated central processing facility of the eastern tough area project in the Central North Sea.

North Sea production has received a significant boost with the offer of 27 new licences in areas prioritised because they have the potential to go into production more quickly than others.

DNO ASA, the Norwegian oil and gas operator, has announced that its wholly-owned subsidiary DNO North Sea (UK) Limited has been awarded a 50 % operated interest in Blocks 9/9f, 9/10c, 9/14c and 9/15d in United Kingdom’s 33rd offshore licensing round. Aker BP will hold the remaining 50 % in the licensed area.

Aker BP has announced that production has started from Kobra East and Gekko (KEG) in the Alvheim area. KEG is operated by Aker BP, with ConocoPhillips Skandinavia AS as partner.

Orcadian Energy has announced the NSTA is prepared to grant an extension on its P2244 licence in the Pilot field.

Well-Safe Solutions are adding carbon capture, usage and storage (CCUS) and geothermal project capabilities to their offering with the appointment of Alexa Duncan as the company’s first Energy Transition Manager.

Expro is this year celebrating its golden anniversary of support to the North Sea energy industry and its highly successful 50 year connection with Great Yarmouth.

Vår Energi has reached an agreement with Petrolia NOCO (Petrolia) to sell its 12.25% stake in the Brage field on the Norwegian Continental Shelf.