North Sea oil news

The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for well 25/4-12 S and well 25/4-12 A, cf. Section 15 of the Resource Management Regulations.

Bibby Offshore, a leading subsea services provider to the oil and gas industry, has secured a two-phase multimillion pound contract with a leading oil and gas and production company.

SIMMONS EDECO, a leading supplier of wellhead and valve maintenance, asset integrity solutions and onshore drilling services to the global oil and gas industry, announced that it has been awarded a multi-million pound contract by a major North Sea oil and gas operator.

In partnership with the Oil & Gas Technology Centre (OGTC), the team has successfully completed phase one of a project to install and test PulseEight as an insert safety valve.

Guidelines to help oil and gas companies to collaborate have been hailed a success after two major UK projects revealed the benefits of joint working included a 10% reduction in costs.

The Norwegian Petroleum Directorate has granted A/S Norske Shell a drilling permit for well 34/5-2 S, cf. Section 15 of the Resource Management Regulations.

The company has attracted backing from three UK-based investment houses, Green Angel Syndicate, Cambridge Angels and Bristol Private Equity Club.

A report into UK oil and gas workforce dynamics launched today indicates that more than 40 000 new people will need to be recruited into the industry over the next 20 years.

Up to 2400 Statoil workers are starting to mobilise for the hook-up and completion of the Johan Sverdrup field in the North Sea.

Aker BP ASA, operator of production licence 790, has concluded the drilling of wildcat well 34/2-5 S. The well is dry.