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Regional News: North Sea

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Norway's Troll Gas Field Suffers Unplanned Outage
Sunday, January 25, 2015 Norway's biggest natural gas field, Troll, suffers an unexpected outage.

EnQuest Cuts Capital Spending by 40%
Friday, January 23, 2015 EnQuest to spend only $600 million on capex in 2015 representing a reduction of 40 percent on its prior spending plan.

KBC Advanced Technologies Reports Strong 2nd Half
Thursday, January 22, 2015 Simulation technology firm KBC Advanced Technologies enjoys a second half to 2014.

Cairn Completes Catcher Farm-out to Dyas UK
Wednesday, January 21, 2015 Cairn Energy completes the farm-out of a 10-percent interest in its Catcher development, offshore UK, to Dyas UK Limited.

Oil Services Firm Kvaerner Finalizes $262M Statoil Contract
Tuesday, January 20, 2015 Norway's Kvaerner finalizes a $262-million platform contract with Statoil.


Maritime Developments Wins Subsea Order
Tuesday, January 20, 2015 Scotland's Maritime Developments wins $10.5 million of contracts, including a deal to supply a new portable overside vertical lay system.

Huntington Oilfield Output in UK to Remain Restricted
Tuesday, January 20, 2015 Norwegian Energy Company continues to face production cutbacks an an output restriction on the Huntington field remains in place until the end of February.

Lundin Spuds Zulu Prospect
Tuesday, January 20, 2015 Lundin Petroleum begins drilling on the Zulu prospect in the Norwegian North Sea.

Det Norske Starts Up Boeyla Oilfield in North Sea
Monday, January 19, 2015 Det norske oljeselskap starts up its Boeyla oilfield in the North Sea, expecting to recover 23 million barrels of oil equivalent.

Det Norske to Develop Viper-Kobra Project in the North Sea
Friday, January 16, 2015 Det Norske will spend $234 million developing the Viper and Kobra reservoirs in the Alvheim area of the North Sea.

BP Set for North Sea Job Losses, but Industry Urged to Invest in Region
Thursday, January 15, 2015 BP is set to announce "significant" job losses in the North Sea as consultancy Deloitte calls for oil companies and the government to continue to invest in the region.

Total, BG Start Gas Production at North Sea West Franklin Field
Thursday, January 15, 2015 Total and BG Group start producing gas at the West Frankline field in the UK North Sea.

Premier Oil in 'Strong Position' to Weather Oil Price Weakness
Wednesday, January 14, 2015 Premier CEO Tony Durrant says Premier's stable production base with low-cash operating costs means it is in "a strong position to weather a period of oil price weakness".

Norway's Gas Production Hit by Massive Outages
Wednesday, January 14, 2015 Gas output from Norway, Western Europe's main natural gas supplier, will be hit by a massive outage at the country's biggest gas field Troll, the country's gas system operator Gassco says.

Det Norske Achieves 4Q Increase in Production
Wednesday, January 14, 2015 Det norske oljeselskap achieves a 6.8-percent quarter-on-quarter increase in net production from its Norwegian Continental Shelf assets.

Cairn: Catcher, Kraken Developments Remain On Track
Tuesday, January 13, 2015 Cairn Energy says its Catcher and Kraken developments in the UK North Sea remain on track to deliver first oil in 2017.

Centrica: Gas Flows to UK's Barrow South Terminal to Resume Later
Monday, January 12, 2015 A technical fault causes gas deliveries into the UK's Barrow south terminal to fall to zero.

Ithaca Cuts Capex Budget by 60% for 2015
Monday, January 12, 2015 North Sea producer Ithaca Energy cuts its capital spending budget for 2015 by 60% to $150 million.

NPD Processes Rutil Development Plan
Friday, January 09, 2015 The Norwegian Petroleum Directorate processes the plan for the development of the Rutil discovery in the Gullfaks Rimfaksdalen area of the North Sea.

Statoil Evacuates Some North Sea Platform Workers Ahead Of Storm
Friday, January 09, 2015 Statoil is moving some workers off seven North Sea platforms in anticipation of a weekend storm, but production should not be affect, a spokesman says.

Statoil To Extend Lifetime Of Norne Field To 2030 From 2014
Friday, January 09, 2015 Norway' Statoil plans to extend operations at its Norne oil and gas field to 2030.

ConocoPhillips Turns On Taps at Eldfisk II
Tuesday, January 06, 2015 ConocoPhillips announces first oil production from the Eldfisk II project in the Norwegian North Sea.

AGR Wins Well Management Contract with Edison
Tuesday, January 06, 2015 AGR Petroleum Services wins a contract to deliver well management services to Edison Norge.

Lundin's Kopervik Well Turns Out Dry
Tuesday, January 06, 2015 Lundin Petroleum says its Kopervik exploration well is being plugged and abandoned as a dry hole.

Statoil Starts Up New Valemon Gas, Condensate Field in North Sea
Saturday, January 03, 2015 Norway's Statoil starts up the North Sea's Valemon gas and condensate field, expecting to recover up to 192 million barrels of oil equivalent over the field's lifetime.