Offshore news

Europa Oil & Gas (Holdings) plc has announced that is has completed an updated prospect inventory for its 100% owned Frontier Exploration Licences (‘FEL’) 1/17 and 2/13 in the South Porcupine Basin, Atlantic Ireland.

Will Scargill, Senior Analyst at GlobalData, offers his view on the impact of these new tax measures.

A total of 1766 blocks of open acreage is now available across the West of Scotland, the East Shetland Platform, the Mid North Sea High, South West Britain and parts of the English Channel.

The company, which has bases in Aberdeen, UK and Houston, Texas, has successfully conducted more than ten projects across the oil and gas and renewable markets.

A/S Norske Shell, operator of production licence 373S, has completed the drilling of wildcat well 34/5-2 S. The well is dry.

Lerwick Harbour's latest involvement in the offshore industry has been completed with the departure of a turret buoy mooring system for Hurricane Energy's pioneering Lancaster development, west of Shetland.

The global provider has supplied both projects with its state-of-the-art CALM Buoy Swivels; a sealing and bearing system, fully certified by DNV GL.

UK-based FPSO and marine vessel specialists Marine Technical Limits (MTL), has developed an industry-changing software system which will allow its clients to better manage risk-based integrity management.

Snorre Expansion Project is the largest project for improved recovery on the Norwegian continental shelf and provides valuable production and activity benefitting Equinor, partners and society.

Spirit Energy Norge AS, operator of production licence 433, has completed the drilling of appraisal wells 6506/9-4 S and 6506/9-4 A on gas and condensate discovery 6506/9-2 S (Fogelberg).