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Regional News: North Sea

 
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McDermott to Re-Enter North Sea with Spoolbase Deal
Friday, April 18, 2014 McDermott's subsidiary signs an option agreement with PD Ports which gives it the exclusive right to operate a spoolbase to serve projects in the North Sea.

Remote, Oil-Rich Shetland Elbows Way into Scotland's Independence Vote
Wednesday, April 16, 2014 Shetlanders see the Scottish independence vote as an opportunity to gain a share of revenues from the oil pumped from the North Sea.

Statoil Discovers up to 75M Barrels at Valemon Nord
Friday, April 11, 2014 Statoil adds to its Valemon Unit area resources with a discovery of between 20 and 75 million barrels of gas and oil at its Valemon Nord prospect in the North Sea.

Shell Drops Novel Norwegian Subsea Gas Project, Cites Costs
Friday, April 11, 2014 Shell drops an innovative project to provide compression for a major Norwegian gas field without the need for a platform, citing soaring costs and uncertainty about technology.

Enegi Oil Restructures Marginal Fields Unit
Thursday, April 10, 2014 Enegi Oil restructures its ABT Oil & Gas subsidiary that is developing production systems aimed at making marginal fields economic, while also providing an update on progress at its Fyne field in the North Sea.

  



Norway Gas Outage on Thursday to Last Longer With Smaller Impact
Thursday, April 10, 2014 A Norwegian gas outage is expected to take longer than first thought, but will have a smaller impact on gas exports, gas system operator Gassco says.

AGR Wins Well Management Contract with OMV
Thursday, April 10, 2014 Norwegian driller AGR wins a new well management services contract from Austria's OMV.

Statoil Selects Prime Four Business Park for New UK HQ
Thursday, April 10, 2014 Statoil has agreed a deal for a new 60,000-square foot facility at Prime Four Business Park, five miles west of central Aberdeen, to be its new UK head office.

UK Well Services Firm Attracts VC Investment
Wednesday, April 09, 2014 UK well services firm RMEC receives $12.5 million investment aimed at helping its growth in the North Sea region.

CAA Helicopter Safety Timeline Criticized
Wednesday, April 09, 2014 The Civil Aviation Authority's timeline for the introduction of safety recommendations for offshore helicopter flights "does not take into account the full risk picture for offshore workers", says Oil & Gas UK.

Shell UK Tax Payments Fall As North Sea Output Declines
Wednesday, April 09, 2014 Shell says its tax payments in the UK fell steeply last year because of declining output in the North Sea and rising spending on mature field decommissioning.

Norway's Ekofisk Oilfield Will Next Shut for Planned Maintenance in Summer
Tuesday, April 08, 2014 Norway's Ekofisk oilfield will shut for planned maintenance in the summer of 2016, according to ConocoPhilips.

Statoil Starts Up Gudrun Field
Monday, April 07, 2014 Statoil starts up the Gudrun high-temperature, high-pressure oil and gas field in the Norwegian North Sea.

Cuadrilla: UK Could Produce Shale Gas in 4 Years in Emergency
Wednesday, April 02, 2014 Shale gas production could begin within four years if the current crisis in Ukraine escalates.

Oil & Gas UK Launches Project to Boost UKCS Exploration
Tuesday, April 01, 2014 Trade body Oil & Gas launches the first phase of a project that aims to stimulate more exploration on the UK Continental Shelf.

Former Aker Well Intervention Businesses Restructured
Tuesday, April 01, 2014 Qinterra completes the restructuring and rebranding of two well-intervention businesses it acquired from Aker Solutions earlier this year.

Enegi Remains Focused on Production Buoy Strategy
Monday, March 31, 2014 Enegi Oil says its focus remains on the development of marginal fields through a production buoy system that is being developed by its ABTOG subsidiary.

Lundin Successfully Completes 2 Wells on Johan Sverdrup
Thursday, March 27, 2014 Lundin successfully completes 2 wells on the Johan Sverdrup discovery, encountering a 43-foot oil-filled reservoir of late Jurassic Draupne sandstone.

Norway Giant N.Sea Oil Project Could Face Delay Over Power Plan
Wednesday, March 26, 2014 The giant Johan Sverdrup oilfield in the North Sea may be delayed by a year and cost more than planned if powered from shore.

EnQuest to Carry on Drilling after Successful 2013
Wednesday, March 26, 2014 After improving its average production to 24,222 boepd in 2013, North Sea-focused EnQuest plans more than 15 wells this year.

MOL Closes North Sea Deal with Wintershall
Tuesday, March 25, 2014 Hungarian oil and gas producer MOL closes its deal with Wintershall to acquire interest in 14 licenses in the North Sea.

Faroe Expects Lower Production in 2014
Tuesday, March 25, 2014 Faroe Petroleum gives a lower production guidance for 2014 as it continues its high-impact exploration campaign.

Norway's Ormen Lange Outage Extended
Tuesday, March 25, 2014 An outage at the Nyhamna gas plant on Norway's west coast extends into Tuesday.

Aberdeen Oil Worker Invents Shift-Sharing App
Monday, March 24, 2014 An Aberdeen oil worker is the brainchild behind a new app that helps offshore oil workers coordinate their lives with their family and friends.