North Sea oil news

Following Glendronach in September 2018, Total announces a new significant discovery in the North Sea offshore UK, on the Glengorm prospect located in the Central Graben.

The company’s wholly-owned subsidiary Lundin Norway AS has entered into an agreement with Lime Petroleum AS to acquire its entire Utsira High acreage position covering the Rolvsnes and Goddo basement area.

Jon Clark, EMEIA Leader for Oil & Gas Transaction Advisory Services at EY, comments on the recently published report by the National Audit Office identifying UK taxpayers’ potential exposure to £24 billion of North Sea decommissioning costs.

The surface controlled DSIV will be the first steam injection valve available on the market to meet UK safety regulations.

The Norwegian Petroleum Directorate has granted Wellesley Petroleum AS a drilling permit for well 25/1-13, cf. Section 15 of the Resource Management Regulations.

Bureau Veritas, a world leader in laboratory testing, inspection and certification services, has been awarded a four-year contract with Neptune Energy to provide second and third-party inspection services for the new Fenja oil and gas field development, offshore Norway.

The company has announced its partnership with subsidiaries of Royal Dutch Shell plc and Spirit Energy Limited following the award of PL 969 in the recent APA licensing round.

Equinor has been awarded 29 new licences by Norway’s Ministry of Petroleum and Energy as part of the Award in Predefined Areas (APA) for 2018 – 13 licences as operator and 16 as partner.

The company has announced that its wholly owned subsidiary Lundin Norway AS has completed exploration well 2/6-6S, targeting the Oppdal and Driva prospects in PL860 in the North Sea.

Equinor has awarded Aibel the EPC contract for the final bridge on the Johan Sverdrup field.