North Sea oil news

Serica Energy plc has announced the completion of the acquisition of interests in the Bruce, Keith and Rhum fields and associated infrastructure in the UK North Sea from BP by Serica Energy (UK) Limited.

Under the terms of the three-year agreement, Petrofac’s Condition Monitoring team will provide onshore and offshore vibration analyses, and support TAQA in equipment troubleshooting and monitoring for its North Sea assets.

The company has announced that it has completed the acquisition of the remaining 75% interest in the Magnus oil field, an additional 9% interest in the Sullom Voe Oil terminal and supply facility and additional interests in associated infrastructure from BP as planned.

The Petroleum Safety Authority has granted the company consent to drill on the Bøyla field.

The Petroleum Safety Authority have given the company consent to use Songa Endurance for drilling, completion and slot recovery of well 31/2 D-7 BY1H/BY2H/BY3H on the Troll field in the North Sea.

The rig is now contracted to Equinor until the end of February 2020.

Faroe Petroleum Norge AS, operator of production licence 825, is in the process of concluding the drilling of wildcat well 30/6-30.

BP, on behalf of co-venturers Shell, Chevron and ConocoPhillips, has announced first oil production from the giant Clair Ridge project in the West of Shetland region offshore UK.

The Brasse East well is being drilled immediately east of the Brasse field, discovered by Faroe in 2016 and appraised in 2017.

The company has been awarded the FEED contract for Gudrun Phase 2 Water Injection. The contract with Equinor also includes an option for the actual implementation (EPCI).