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Drilling permit for wells 31/2-22 S and 31/2-22 A in production licence 090 I

Drilling permit for wells 31/2-22 S and 31/2-22 A in production licence 090 I   The Norwegian Petroleum Directorate has granted Equinor Energy AS a drilling permit for wells 31/2-22 S and 31/2-22 A, cf. Section 15 of the Resource Management Regulations. Wells 31/2-22 S and 31/2-22 A will be drilled from the West Hercules drilling facility in position 60°58’48.13″N and...

OGV Energy’s oil and gas news update

OGV Energy’s oil and gas news update   Bahamas Petroleum Company PLC this week told investors that the Perseverance-1 exploration well is on track to spud before the end of 2020. The company is advancing the high impact exploration project, with a target estimated at around 700mln barrels (upside case stated at 1.4bn barrels), on a 100%-owned basis and it noted that all material contracts are in place. Perseverance-1 will be drilled by the Stena IceMAX vessel which is desc...

Oil sector veteran Tom Cross flags his appetite for renewable energy with Parkmead and highlights North Sea progress

Oil sector veteran Tom Cross flags his appetite for renewable energy with Parkmead and highlights North Sea progress   Oil and gas independent Parkmead Group, led by sector veteran Tom Cross, yesterday highlighted its appetite for expansion in renewable energy and flagged further advances with its interests in the Greater Perth Area in the North Sea. In September 2019, Parkmead acquired Pitreadie Farm, a company owning some 2,320 acres of land in Aberdeenshire, as part of its drive...

Repsol Sinopec preparing for decommissioning of UK North Sea field

Repsol Sinopec preparing for decommissioning of UK North Sea field   Oil and gas company Repsol Sinopec has received approval from the UK authorities for preparation work scopes plan relating to the decommissioning of the Fulmar and Auk North installations located in the UK sector of the North Sea. Prior to formal approval of the Fulmar and Auk North Decommissioning Programmes (facilities) and DP (jacket), there are a number of decommissioning scopes that are required to be progres...

ADM Energy looking to growth opportunities as Aje field performs

ADM Energy looking to growth opportunities as Aje field performs   " OML 113 is well known to us and it is a fantastic asset that covers the spectrum of field types from current oil production to several appraisal plays. " Osamede Okhomina, ADM Energy chief executive What it owns Newly refocussed, restaffed and re-energised – ADM Energy Plc has emerged out of the remains of the MX Oil vehicle and its attentions are initially pointed on the OML 113 asset, which in...

Offshore driller Talos has weathered waves of challenges

Offshore driller Talos has weathered waves of challenges   When Mexico opened its oil fields to outside investment in 2015, Talos Energy took a chance and struck black gold, becoming the first foreign company in more than 80 years to discover oil in Mexico. The midsize Houston offshore producer found more than 800 million barrels of oil off Mexico’s southern Gulf Coast in 2017, naming the oil field Zama after the Mayan word for dawn. The discovery — among the largest in...

Milestone Tenth Annual Event Heralds All-New Format

Milestone Tenth Annual Event Heralds All-New Format   An annual highlight on the local business networking calendar is set to mark its milestone tenth anniversary with an all-new format. For the past decade, Granite Expo has given exhibitors and delegates the opportunity to meet, knowledge share and do business every year. Determined to ensure that the show will go on in a safe and accessible way in 2020, organisers Granite PR have now developed an online version of the event. Held...

EMEC mobile hydrogen refuelling solution to power aviation world first

EMEC mobile hydrogen refuelling solution to power aviation world first   The European Marine Energy Centre (EMEC) has unveiled an end-to-end hydrogen refuelling solution supporting ZeroAvia’s hydrogen-powered test flight programme in Cranfield. The hydrogen refuelling solution, delivered by EMEC in conjunction with subcontractor Fuel Cell Systems Limited (FCSL), is a mobile solution consisting of a re-deployable modular electrolyser, trailer mounted air compressor and a first...

Drilling permit to Equinor for North Sea wells

Drilling permit to Equinor for North Sea wells   The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for two wells in the North Sea off Norway. According to the NPD’s report on Thursday, wells 31/2-22 S and 31/2-22 A will be drilled from the West Hercules drilling rig after concluding the drilling of wildcat well 31/1-2 S and appraisal well 31/1-2 A also for Equinor in production licence 923. The drilling programme for wells 31/2-22 S and 31/2-2...

TGS commences 3D seismic survey project offshore Argentina

TGS commences 3D seismic survey project offshore Argentina   Geoscience data company TGS has commenced a 3D seismic survey project in offshore Argentina. Originally announced in August, the Malvinas 3D programme involves acquiring 5,000km² of data. The company has deployed BGP vessel Prospector for the work. The project is scheduled to be completed in the first quarter of next year. Once complete, the total coverage in the area will increase to 18,000km². TGS also a...

'Teetering on the brink' - Urgent action demanded to stop North Sea oil and gas industry 'jobs massacre'

'Teetering on the brink' - Urgent action demanded to stop North Sea oil and gas industry 'jobs massacre'   A union has called for urgent government action to stop a North Sea oil and gas industry "jobs massacre". Offshore union RMT has said the North Sea energy industry was "teetering on the brink" having been hit by a double whammy of plummeting oil prices and the coronavirus pandemic. As many as 8,000 jobs are thought to have been lost in th...

NPD announces 25th licensing round

NPD announces 25th licensing round   Norway's Ministry of Petroleum and Energy (NPD) has announced the launch of the 25th licensing round, encompassing 136 blocks in the Norwegian Sea and the Barents Sea. The deadline to apply for the 25th licensing round is 23 February 2021 at 12:00. Awards are expected during 1Q21. “The recently published Resource Report 2020 showed that substantial undiscovered resources remain in all areas on the NCS. In the 25th round, the compani...

Sparrows Group awarded five-year Morecambe Hub contract with Spirit Energy

Sparrows Group awarded five-year Morecambe Hub contract with Spirit Energy   Sparrows Group has been awarded a five-year contract by Spirit Energy for the provision of crane maintenance and lifting services across its Morecambe Hub assets in the East Irish Sea (UK Continental Shelf). The Morecambe Hub comprises of six fields, three of which have been operated by Spirit Energy for over 30 years. Gas-producing, the North Morecambe, South Morecambe and Rhyl fields are located approxim...

Transocean awarded $297m worth of drillship extensions by Petrobras

Transocean awarded $297m worth of drillship extensions by Petrobras   Offshore driller Transocean has announced that Brazil’s Petrobras has taken extension options on two of its drillships worth around $297m. Petrobras has exercised a 680-day option for 2011-built drillship Deepwater Corcovado and a 815-day option for another 2011-built drillship, Deepwater Mykonos. Both of the vessels, which were part of the Ocean Rig fleet acquired by Transocean in 2018, will continue to...

Uckfield father who climbed on oil rig in Extinction Rebellion protest is convicted

Uckfield father who climbed on oil rig in Extinction Rebellion protest is convicted   An Uckfield father convicted in court after climbing on an oil rig in an Extinction Rebellion protest has vowed to fight on. Alistair Sandell, a horticulturalist, of Uckfield, appeared before Staines Magistrates Court on Monday (November 16), and pleaded guilty to aggravated trespass. He was fined £360, Extinction Rebellion confirmed. Speaking after court, the 56-year-old said: “...

Pragma being P&A trials of first 3D Ultra High expansion plug

Pragma begin P&A trials of first 3D Ultra High expansion plug   Aberdeen-based, oil and gas production technology business, Pragma, has combined innovative design and additive manufacturing (AM) techniques to bring the industry’s first 3D metal printed, ultra-high expansion, bridge plug to market. Pragma’s patented M-Bubble bridge plug has successfully completed final lab testing and is due to begin field trials by the end of 2020. Initially targeted at both the P&a...

Dales Marine secures decommissioning of MV Oceanic Pintail

Dales Marine secures decommissioning of MV Oceanic Pintail   Dales Marine Services Ltd (Dales Marine), an EU List approved supplier of vessel decommissioning, based in Scotland announces that it will shortly be decommissioning of MV Oceanic Pintail at its dry dock facilities. MV Oceanic Pintail, a world-class nuclear cargo vessel, operated by International Nuclear Services (INS), was launched in 1987 and has served the UK nuclear industry for the last 33 years. Peter Buchan, Ope...

Hydrogen opens a prolific service industry as coming project spending bakes a $400 billion pie

Hydrogen opens a prolific service industry as coming project spending bakes a $400 billion pie   A wave of green and blue hydrogen projects that are poised to be developed in coming years could unlock about $400 billion worth of spending for the service industry between 2020 and 2035, a Rystad Energy industry analysis reveals. The figure excludes separate carbon capture and storage (CCS) development contracts, which could reach almost $35 billion for Europe alone. Of the total pipe...

AMS Global Group welcomes significant contract as it invests in growth

AMS Global Group welcomes significant contract as it invests in growth   Marine consulting and safety specialists AMS Global Group has secured a five-year contract with a major North Sea independent exploration and production operator. The significant deal with Premier Oil comes as AMS Global Group confirms is has doubled revenues in its most recent financial year. AMS Global Group has recently recruited five new employees to meet demand across all its divisions bringing its tot...

Oil and gas independents living on borrowed time net zero drive

Oil and gas independents living on borrowed time net zero drive   Consolidation among independent oil and gas companies will accelerate amid the transition to a lower carbon energy system, which is likely to result in many going out of business, experts have warned. Wood Mackenzie said the ranks of sector players are likely to be thinned out dramatically as the expected changes in energy markets leave firms facing huge strategic challenges. “A world on a two-degree glidepa...
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