Oil & gas news

The Oil and Gas Authority (OGA) has offered for award 25 licences for 111 blocks or part blocks to 17 companies in the 29th Offshore Licensing Award to enable further exploration and production across frontier areas of the UK Continental Shelf (UKCS).

Statoil resets its exploration in the Gulf of Mexico and was today deemed high bidder on 13 leases in the 2017 Central Lease Sale.

RockRose Energy PLC announced on 22 December 2016 that it had signed sale and purchase agreements with Maersk Oil North Sea UK Ltd to acquire its non-operated interests in the Wytch Farm, Scott and Telford fields.

GE Oil & Gas has opened a new facility in Takoradi Port, Ghana, expanding its global footprint and supporting local investment. The company committed to deliver more than 45 000 training hours for Ghanaian personnel over the next five years.

Hybrid coiled tubing services combine diagnostic and intervention capabilities in a single trip downhole.

Energy and Resources Minister Judith Collins has opened the Block Offer 2017 tender for petroleum exploration permits.

All of the world’s largest oil companies (Supermajors) will be in attendance at next month’s Gastech Exhibition and Conference, the largest industry gathering this year.

Next Geosolutions has been awarded two major survey contracts, which together represent a multimillion euro figure, for the North Sea Link (NSL) project, the first electricity link between UK and Norway.

Partnership offers operators integrated subsea solutions in the region.

The Aberdeen-based visual asset management (VAM) specialist Return To Scene Limited, part of James Fisher and Sons plc, is conducting a pilot project for BP utilising the latest generation of its R2S Mosaic technology.