North Sea oil news

The company has announced that drilling operations have commenced on well 20/05b-14 on UK Seaward Licence P2170, Blocks 20/5b & 21/1d using the semi-submersible rig West Phoenix.

The company has, together with partners Petoro, ConocoPhillips and Repsol, made an oil discovery from the Visund A platform in the Telesto exploration well in the North Sea.

The drilling programme includes the development of the Luno II field and the Rolvsnes discovery in the Norwegian North Sea, with contract commencement expected in Q2 2020.

The projects confirm Shearwater’s Isometrix crews will be active in 2019, on 4D projects in the North Sea and Barents Sea.

UK and Netherlands-based subsea provider N-Sea has announced that it has been awarded two new contracts.

Geologists at the University of Aberdeen have discovered a huge swathe of the North Sea left unexplored for oil and gas because of so-called ‘phantom’ volcanoes they have proven don’t exist.

The company, which is the operator of production licence 248 C, has completed the drilling of wildcat well 35/11-22 S.

The PSA has given Aker BP consent to use the Deepsea Stavanger mobile drilling facility for production drilling on the Volund field in the North Sea.

The company has entered into a binding, conditional farm out agreement and a three-month exclusive option with Shell UK Limited.

The projects will be executed by two of Shearwater’s multi-purpose vessels using proprietary technology during the 2019 North Sea summer season.