Regional News: North Sea

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Faroe to Drill 3 Exploration Wells in 2016 despite Oil Price
Friday, February 05, 2016 Junior oil firm Faroe Petroleum will be involved in three exploration wells offshore Norway in spite of the low oil price.

Aberdeen University Gets OGIC Funding for Rock Mechanics Kit
Thursday, February 04, 2016 Funding from Scotland's Oil and Gas Innovation Centre secures $735,000 of rock mechanics equipment for Aberdeen University.

Oil, Gas Service Companies Win Several North Sea Contracts
Wednesday, February 03, 2016 Aker Solutions, Subsea 7, Technip Norway, Ocean Installer, Hereema Fabrication Group and Aibel secure work in the North Sea.

IOG Receives Skipper License Extension
Thursday, January 28, 2016 Independent Oil and Gas plc announces that the Skipper license in P1609, block 9/21a, has been extended until December 31, 2016, following discussions with the UK Oil & Gas Authority.

JDR Secures Subsea Umbilicals Contract with Marathon Oil
Tuesday, January 26, 2016 JDR secures a services contract from Marathon Oil for the design and manufacture of seven miles of power and static subsea umbilicals, with accompanying termination hardware, for the West Brae field.


North Sea Production Solutions for a Low Oil Price Era
Friday, January 22, 2016 Rigzone takes a look at a handful of engineering solutions designed to make marginal fields economic in a low oil price era.

UK Government to Set Up North Sea Support Group
Friday, January 22, 2016 Rigzone can confirm a report that UK Prime Minister David Cameron is in the process of setting up an 'oil support group' for the North Sea oil industry.

Total: UK Laggan-Tormore Gas Production to Start 'in Coming Weeks'
Thursday, January 21, 2016 First gas production from the UK's Laggan-Tormore gas condensate fields off the Shetland Islands in the North Sea is expected to start 'in the coming weeks', according to a Total spokesman.

Norway Awards 56 Oil And Gas Licenses In Mature Areas
Tuesday, January 19, 2016 Norway's oil ministry awards 56 oil and gas exploration licenses in mature areas and it plans to launch a new licensing round before Easter this year.

Det norske Increases Reserves, Maintains 'Very Good' Production Levels
Monday, January 18, 2016 Norway's Det norske oljeselskap increases reserves and is maintaining 'very good' production levels in spite of low oil prices and challenging macroeconomic conditions.

Norway Still Expects Delayed Output Start at Giant N.Sea Field
Thursday, January 14, 2016 The Norwegian Petroleum Directorate continues to expect production at the Johan Sverdrup oilfield in the North Sea to begin later than Statoil expects it to.

Premier Oil to Acquire EON's UK North Sea Assets
Wednesday, January 13, 2016 Premier Oil agreed to buy the UK North Sea assets of Germany's EON SE for $120 million.

GMB Supports Unite's Decision to Accept OCA Proposals
Tuesday, January 12, 2016 The GMB union supports Unite's decision to accept improved proposals by the OCA over changes to conditions for offshore workers in the North Sea, says GMB's National Officer Dave Hulse.

North Sea: Indies, Juniors Driving Exploration, Development in 2016
Tuesday, January 12, 2016 Rigzone takes a look at the 2016 exploration and field development plans of junior and independent oil and gas firms focused on the North Sea region.

BP to Cut 600 North Sea Jobs by 2017
Tuesday, January 12, 2016 In a statement sent to Rigzone, BP states that it will axe around 600 jobs from its North Sea operations by the end of 2017, with the majority of cuts taking place this year.

Ithaca Sees Production Doubling in 2016 on Stella Start-Up
Tuesday, January 12, 2016 Ithaca Energy sees its production more than doubling to 25,000 barrels per day by the end of 2016 thanks to the start-up of the Greater Stella Area development during the third quarter.

Noreco Oil UK Forced to Exit Huntington License
Monday, January 11, 2016 Noreco Oil UK is forced to exit the North Sea's Huntington field, after it defaults on a cash call under the joint operating agreement governing the asset.

Unite Accepts Improved OCA Proposals, Hopes for More 'Cooperation'
Monday, January 11, 2016 Unite accepts improved proposals by the OCA over changes to conditions for offshore workers in the North Sea and hopes for more cooperation in the future.

Det Norske Receives Drilling Consent for Volund
Friday, January 08, 2016 Petroleum Safety Authority Norway grants Det norske oljeselskap ASA consent to use the Transocean Winner for production drilling and completion on the Volund field in the central North Sea.