North Sea oil news

Research Director, Angus Rodger, provides insight on a of UK-listed Ophir Energy by Indonesia's Medco Energi.

The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for well 2/11-12 S cf. Section 15 of the Resource Management Regulations.

The company is progressing the redevelopment of the Balder and Ringhorne area, and a FEED contract for the Jotun FPSO life extension has now been signed.

The three-year contract, which comes with the option of a two-year extension, will include skip and ship and solids control to manage and process drill cuttings.

Oceaneering will retain its existing contract on one of Petrofac’s Duty Holder assets, while expanding its service scope to include two additional North Sea facilities.

The Atlantic region has recently been awarded three new contracts in the North Sea.

Serenity provides i3 with exposure to low cost and potentially high return upside that could be tied in to either its Liberator Phase I or incremental Phase II infrastructure.

The company, together with partners Esso Exploration and Production UK Limited and Arco British Limited, LLC, has announced the final investment decision for a Shearwater gas infrastructure hub in the central North Sea.

The Norwegian Petroleum Directorate has granted Wellesley Petroleum AS a drilling permit for well 35/4-2, cf. Section 15 of the Resource Management Regulations.

The contract will create two new roles (a customer support engineer and a technical advisor) and will also increase the service engineer team by 10%.