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NEWS |
Wintershall Dea to sell stakes in Norwegian North Sea assets to OKEA
German oil and gas company Wintershall Dea has agreed to sell its stakes in three oil fields, in the Norwegian North Sea, to Norway’s OKEA for €108m ($114m).
NEWS |
Decom Week Programme Goes Live – Decom Awards Finalists Announced
Decom North Sea has released the final version of its Decom Week programme, as it gears up to a series of events which will gather together the global decommissioning sector for five days of knowledge (...)
NEWS |
ConocoPhillips submits $1.1 billion Norway oil development plan
ConocoPhillips submitted on Monday a plan to develop an oil discovery in the Norwegian North Sea for 10.5 billion Norwegian crowns ($1.10 billion), the U.S. petroleum company said.
NEWS |
CAN Group - Keeping Integrity in Sight
Extending the operational life of a portfolio of aged North Sea assets continues to be an ongoing challenge; doing so without compromising quality, safety or integrity is critical to ensuring that the (...)
NEWS |
Studies Start to Develop Marigold UK North Sea Field Using Piper Bravo Platform
Pre-front end engineering and design studies (Pre-FEED) have started for the development of the Ithaca and Hibiscus owned Marigold field via the Repsol Sinopec-operated Piper Bravo platform in the UK (...)
NEWS |
Neptune underlines potential of oil fields east of Aberdeen
North Sea oil and gas heavyweight Neptune Energy has underlined its belief in the potential of the area, in which it plans to invest $1 billion (£0.8bn) over the next five years.
NEWS |
First gas confirmed at Tolmount as significant new North Sea supply emerges at critical time
First gas has been achieved at Tolmount in the North Sea, the huge project to be processed at Centrica’s Easington facility in East Yorkshire.
NEWS |
Rishi Sunak demands oil and gas companies increase UK investments
Chancellor Rishi Sunak is demanding North Sea oil and gas companies agree to a significant boost to their energy investments in the UK to avoid being hit by a windfall tax.
NEWS |
BP/Equinor awarded carbon storage licences
The drive to reach net zero greenhouse gas emissions by 2050 has taken a sizeable step forward with the award of two carbon storage (CS) licences in the Southern North Sea.
NEWS |
Pound for Piper Memorial Trust Launches North Sea Memorial Gardens Re-Design Project
The Pound for Piper Memorial Trust today (Friday 13th May 2022) announces its plans to undertake a transformational re-design of the North Sea Memorial Gardens, located in Aberdeen’s Hazlehead Park an (...)
NEWS |
NSTA Corporate Plan
The North Sea Transition Authority (NSTA) has published its Corporate Plan, outlining its priority areas for the next five years (2022-2027).
NEWS |
Jackdaw gas field set for official approval
Westminster’s oil and gas regulator is set to approve a major North Sea gas project it previously rejected on environmental grounds amid increased concerns about UK energy security.
NEWS |
Decom North Sea celebrates “trail blazing approach” with fifth annual awards
The winners of the fifth annual Decom North Sea Awards were announced at an evening ceremony on 17 May as a part of the organisation’s flagship conference, Decom Week.
NEWS |
North Sea reserves almost 1.5 billion barrels of oil says industry expert
An industry expert has estimated that the North Sea still has almost 1.5 billion barrels of oil and has "a major role to play" in the UK energy market - despite a cultural change towards renewables.
NEWS |
Noble and Maersk merger hits a potential speed bump in the UK
Noble Corporation and Maersk Drilling expect they will need to divest certain jack-up drilling rigs located in the North Sea to obtain conditional anti-trust clearance for their planned merger from th (...)
NEWS |
North Sea Transit Authority closes investigation into sale of producing fields
The North Sea Transition Authority (NSTA) has reminded licensees of the obligation to collaborate effectively and ensure transactions are completed promptly, to support investment in the UK Continenta (...)
NEWS |
Rex International's unit to acquire 2 North Sea oil and gas licences
REX International's subsidiary Lime Petroleum is set to acquire a 40 per cent interest in 2 oil and gas licences in the Norwegian North Sea from exploration company MOL Norge.
NEWS |
Three Fields To Export Oil To Flotta Terminal Until End Of Life
The Golden Eagle, Piper, and Claymore field owners have executed new agreements reaffirming their commitment to export produced oil to the Flotta Terminal until the end of field life in the 2030s.
NEWS |
Energy firms warn of UK oil and gas dependency
The UK could be wholly dependent on imports of oil and gas within 15 years without political backing, the industry body has warned.
NEWS |
Well-Safe Solutions generates £3.3m decommissioning savings
Well decommissioning specialists Well-Safe Solutions have realised cost savings of £3.3m for a North Sea client, driven by an operational commitment to safe, smart and efficient methods of working.
NEWS |
Aker BP all set to drill North Sea wildcat
Norwegian oil and gas company Aker BP has received a drilling permit from Norwegian authorities for a wildcat well located in the North Sea off Norway.
NEWS |
Serica Energy sees profits surge following gas price rise
A leading North Sea oil and gas independent has said the tragic events in Ukraine have underlined the value of the area’s reserves and called for firms to be given the encouragement required to maximi (...)
NEWS |
Deltic Energy says Ukraine invasion has changed North Sea gas outlook for 'foreseeable future'
Deltic Energy PLC said partner Shell PLC has indicated that the Pensacola well in the North Sea will be drilled towards the end of the third quarter of this year.
NEWS |
Finder Builds North Sea Position Around the Giant Buzzard Field
Finder Energy Holdings Limited (Finder or Company) is pleased to announce it has expanded its UK North Sea portfolio after entering into an agreement with Talon Energy Ltd (Talon) to acquire a 100% in (...)
NEWS |
Neptune Energy confirms oil and gas discovery at Hamlet
Neptune Energy and its partners today announced the discovery of oil and gas at the Hamlet exploration wells (PL153) in the Norwegian sector of the North Sea.
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