North Sea News

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Aberdeen Services Company Secures Chrysaor Deal
Tuesday, November 21, 2017 Craig International wins new services deal with Chrysaor.

Ancala Acquires Apache's Two North Sea Gas Pipeline Assets
Monday, November 20, 2017 Ancala Partners finalizes its acquisition of Apache's interests in two North Sea gas pipeline assets.

UK, Norway Team Up for North Sea Hackathon Events
Tuesday, November 14, 2017 The Industry Technology Facilitator and Norwegian Energy Partners to host joint technology hackathon events in an effort to tackle operator late life and decommissioning challenges in the North Sea.

Aberdeenshire Oilfield Services Firm Plans to Bolster Workforce
Monday, November 13, 2017 Aberdeenshire oilfield services firm reveals plans for expansion amid its 40 year anniversary celebrations.

Partners to Invest in New Gas Module at Troll C Platform
Tuesday, November 07, 2017 Output is set to rise from the North Sea's Fram field with new investment.

New Life for the North Sea
Tuesday, November 07, 2017 The North Sea is seeing a renaissance of activity and investment.

New Aberdeen Oilfield Services Group to Create Over 100 Jobs
Monday, November 06, 2017 FOS Group, a new oilfield services company launched Monday in Aberdeen, is looking to create over 100 new jobs.

Sparrows Group Wins 3-Year Crane Services Contract from Chrysaor
Monday, November 06, 2017 Chrysaor awards Sparrows Group a 3-year crane management services contract for the 3 operating assets it took ownership of from Royal Dutch Shell in November.

Oil & Gas UK: Major North Sea Deals 'Hugely Significant'
Thursday, November 02, 2017 Chrysaor and INEOS North Sea deals 'hugely significant', according to industry body Oil & Gas UK.

Shell Workers Move to Chrysaor as North Sea Asset Sale Completes
Wednesday, November 01, 2017 253 Shell employees have transferred to Chrysaor Holdings Limited, following the completion of Shell's sale of a package of UK North Sea assets to Chrysaor.

INEOS FPS Becomes New Owner, Operator of Forties Pipeline System
Wednesday, November 01, 2017 INEOS completes its acquisition of the Forties Pipeline System (FPS) and associated pipelines and facilities from BP plc.

Siccar Point, Baker Hughes Announce 'Innovative Alliance' for UK Field
Wednesday, November 01, 2017 Siccar Point Energy Limited (SPE) and Baker Hughes, a GE Company (BHGE), announce 'innovative alliance' for the development of the Cambo field, located North West of the Shetland Islands in the UK.

New Online Tool Launched to Bolster UK Oil, Gas Supply Chain
Wednesday, November 01, 2017 A new online business development tool designed to help strengthen and improve the competitiveness of the UK oil and gas supply chain has been launched.

Jobs Safe Following WorleyParsons' AFW Acquisition
Tuesday, October 31, 2017 There are no current plans to lay off workers as a result of WorleyParsons' acquisition of AFW Oil and Gas UK Limited.

Greenland Will Offer Oil, Gas Concessions Next Year-Minister
Tuesday, October 31, 2017 Greenland will offer oil and gas concessions off its west coast next year.

Airbus Helicopters Welcomes 'Open, Informed' Talks on Helicopter Safety
Friday, October 27, 2017 Super puma manufacturer Airbus Helicopters says it welcomes any open and informed discussion on the safety of offshore helicopters.

Premier Oil Stations FPSO at Catcher Field in North Sea
Thursday, October 26, 2017 Premier Oil secures a major advance in its North Sea fortunes.

Chevron Approves New Tech Investment To Raise Output At North Sea Field
Friday, October 20, 2017 Chevron approves an investment to increase output from its Captain oilfield by using a new water-injection technology for the first time in the North Sea, the company says.

UK North Sea Oil Faces Quickening Decline If No Brexit Deal
Monday, October 16, 2017 The UK oil and gas industry faces a faster decline if Prime Minister Theresa May fails to agree to a trade deal with the European Union.

Cost Control Key to North Sea Production Growth
Friday, October 13, 2017 Having already been written off once in the 80s and survived, North Sea production is now seen to be recovering even in the Era of Shale.

North Sea Oil Sandwiched as US Ships Crude Like Never Before
Tuesday, October 10, 2017 As crude oil gushes out of the US like never before, it looks increasingly like North Sea oil will suffer collateral damage.

Statoil's Arctic, UK Drilling Campaigns Yield Disappointing Results
Monday, October 09, 2017 Norway's Statoil reported disappointing outcomes from three oil and gas exploration wells on Monday.

Petrofac Extends North Sea Contract with Chevron
Thursday, October 05, 2017 Oilfield services company Petrofac Ltd said its North Sea engineering services contract with a unit of Chevron Corp had been extended for 12 months.

North Sea Oil Market Waves Red Flag At Brent Bulls
Wednesday, October 04, 2017 A recovery in US crude exports and falling European refining margins have sent prices of North Sea barrels tumbling.

Premier Oil Seeks Buyer For Stake In North Sea Gas Field
Thursday, September 14, 2017 Premier Oil is seeking to sell half of its stake in the Babbage gas field in the North Sea, according to a document seen by Reuters.

EnQuest Profits Slide On Slower Kraken Oilfield Ramp-Up
Thursday, September 07, 2017 EnQuest reports a sharp drop in first-half profits on lower production and delays in ramping up its flagship Kraken oilfield.

In Sign Of Oil Rebalancing, North Sea Floating Storage Shrinks
Thursday, September 07, 2017 The volume of global price benchmark North Sea crude being held in floating storage has declined sharply since mid-August, according to shipping data and trade sources.

Big Oil Says It Still Loves North Sea Despite Asset Sales
Wednesday, September 06, 2017 Europe's biggest energy companies have a message for the aging UK North Sea oil industry: We may be selling assets, but that doesn't mean we're heading for the exit.

Drilling of Well at Fogelberg Gas Discovery to Start in Feb/March -Centrica
Friday, September 01, 2017 Norwegian company Island Drilling has won the drilling contract, Centrica said.

Sources: UK Forties Oil Output Below Plan, Delaying Some Cargoes
Friday, August 25, 2017 The North Sea Forties crude stream is pumping less oil than expected, leading to delays in the loading of some cargoes of the crude, two trade sources say.

Total Overtakes Shell In North Sea Where Appetite For Assets Remains High
Tuesday, August 22, 2017 Total has overtaken rival Shell to become the second-largest producer in the North Sea with its acquisition of Maersk's Norwegian and UK producing assets.

Japan's JX To Sell North Sea Oil Field Stake To Faroe Petroleum
Friday, July 28, 2017 JX Nippon Oil and Gas Exploration Corp says that its UK-based subsidiary has agreed to sell a stake in a North Sea oil field to Faroe.

SBM Offshore, Repsol to Get $247 Million in Yme Insurance Settlement
Monday, July 17, 2017 SBM Offshore and Repsol will share an insurance payment of $247 million, less legal costs, related to a troubled Norwegian offshore project.

Centrica Merges Oil Business with Bayerngas to Tap Younger Fields
Monday, July 17, 2017 Centrica will own 69 percent of the new entity and raise its interests in younger fields.

Premier Oil Says North Sea Exploration No Longer Attractive
Thursday, July 13, 2017 Premier Oil says that exploring for resources in the North Sea was no longer attractive, a day after it announced a major discovery off Mexico.

Unite Marks Piper Alpha Tragedy 29 Years On
Friday, July 07, 2017 UK union Unite marks the Piper Alpha tragedy yesterday, 29 years on from the incident which killed 167 workers in the North Sea.

Engie Brings Norway's Gjoea Oil, Gas Field Back On Stream
Friday, July 07, 2017 The field was shut on June 21 following a gas leak.

Bilfinger to Create Hundreds of Jobs Following North Sea Contract Win
Friday, June 30, 2017 Bilfinger Salamis UK secures a contract for the provision of services for the preparation and installation of Maersk Oil North Sea's new gas production field, Culzean, creating up to 300 jobs.

Chrysaor Looking for Staff In Aberdeen
Friday, June 30, 2017 Chrysaor is recruiting for a range of new roles in the Aberdeen area, the company revealed Friday.

Hurricane Energy to Raise $520 Mln to Fund North Sea Field
Friday, June 30, 2017 The funds will go towards financing an early production system (EPS) to test the Lancaster field ahead of a full field development decision.

OGA Publishes New Cost Estimate for UKCS Decommissioning
Thursday, June 29, 2017 The Oil and Gas Authority publishes a report which provides a new cost estimate for offshore oil and gas decommissioning in the UK Continental Shelf.

Hurricane Energy to Raise $520 Million to Fund North Sea Field
Thursday, June 29, 2017 Hurricane Energy plans to raise $520 million for test drilling at its Lancaster oilfield in the North Sea, a major milestone for the project that could breathe new life into the ageing offshore basin.

First Gas Delivered from North Sea Field
Wednesday, June 28, 2017 First gas has been delivered on schedule from the Cayley field, the third and final new discovery to be brought on stream during the major redevelopment of the Montrose Area in the Central North Sea.

IOG Welcomes OGA North Sea Tight Gas Plan
Tuesday, June 27, 2017 Independent Oil and Gas plc welcomes the Oil and Gas Authority's publication of the Southern North Sea Tight Gas Strategy.

UK Wants To Revive Gas Extraction In Oldest Part Of North Sea Oil Basin
Thursday, June 22, 2017 Britain wants oil and gas drillers to recover pockets of gas that are more difficult to reach in a part of the North Sea.

Oil Tankers Store Most Oil This Year as Glut Won't Die
Monday, June 19, 2017 Oil traders are resorting to storing more and more oil at sea amid swelling output in the Atlantic region.

Scotland's Oil Skills, Experience In Demand Across Globe
Friday, June 16, 2017 There was continued strong demand across the globe for Scotland's oil skills, experience and expertise during 2015/16.

European Commission Approves Shell's $3.8B North Sea Sale
Friday, June 16, 2017 The European Commission approved on Shell's $3.8B sale of North Sea oil and gas assets to Chrysaor.

Scottish Unemployment Figures Change Amid Growing Sector Confidence
Thursday, June 15, 2017 Scotland's unemployment fell to its lowest rate since the recession over the last quarter.

Production Efficiency on UKCS Rises Again
Thursday, June 15, 2017 Production efficiency on the UK Continental Shelf (UKCS) rises for a 4th consecutive year to 73%.

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