North Sea oil news

The agreements cover the manufacture and supply of steel pipes for two subsea tie-back projects to FPSOs operated by AkerBP in the Norwegian Sea.

The name change supports the company’s strategy and development as a broad energy company.

The acquisition of Maersk Oil allows the Group to reinforce its existing leading positions in the U.K. and in Norway, as well as to enter Denmark, making Total the second-largest operator in the North Sea.

The projects are a mixture of contract awards and renewals for key North Sea clients, including Nexen.

The underwater operations will be undertaken by Aker BP's contractor, Subsea 7.

The project, completed in December 2017, utilised Bibby Offshore’s diving support vessel Bibby Topaz to carry out inspection, repair and maintenance operations in the Rhum gas field, approximately 380 km north-east of Aberdeen.

New automation technologies and ongoing support enable BP to target production growth and safe and reliable operations.

The West of Shetland (WoS) region is not a new province, but it is still one which is under-explored, at least by UKCS standards.

Dragados Offshore, S.A. has announced the award by Mærsk Oil and Gas of the contract for the Tyra East G & Tyra East H Jackets for the Tyra Future Development Project, both to be installed in the Danish sector of the North Sea.

Aker BP is about to complete drilling of the Frosk exploration well 24/9-12 located near Alvheim in the North Sea. The well has proved oil. Preliminary analysis indicate a discovery size of 30 - 60 million boe, which is significantly more than the company’s pre-drill estimates of 3 - 21 million boe.