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Regional News: North Sea

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North Sea Industry Calls for Tax Reform from UK Chancellor
Tuesday, November 25, 2014 North Sea oil and gas firms see fiscal reform of the sector as a "top priority" for the UK government ahead of the Chancellor's Autumn Statement.

Faroe Completes Sale of Glenlivet Stake
Tuesday, November 25, 2014 Faroe Petroleum sells its 10-percent stake in the West of Shetland Glenlivet field for $15.7 million.

Maersk Gets Extension from Hess for Resolute Rig
Monday, November 24, 2014 Denmark's Maersk Drilling receives an estimated $75-million extension to its contract with Hess Corporation for the Maersk Resolute rig.

Ineos Hires To Expand Into North Sea Oil And Gas Production
Monday, November 24, 2014 Ineos is looking to expand into North Sea oil and gas production by hiring a number of senior and mid-level staff, according to its website.

Snoozebox Wins Workforce Hotel Deal with Premier Oil
Friday, November 21, 2014 Snoozebox to provide an 80-bedroom temporary workforce hotel to Premier Oil.


Shell To Revisit Norway's Ormen Lange Gas Project In 2016
Wednesday, November 19, 2014 Shell could restart work on offshore compression at its Ormen Lange gas field in Norway in the first quarter of 2016, after stopping the project in April, it says.

Statoil To Keep Up Exploration Spending Despite Falling Oil Prices
Wednesday, November 19, 2014 Statoil will keep exploration drilling high in 2015 and plans to approve a new project this year, even as oil prices trade at 4-year lows, Ivar Aasheim says.

Xcite Signs Rig Provision Agreement for Bentley Field
Monday, November 17, 2014 Xcite Energy signs a deal with China Oilfield Services Limited for the provision of a new jackup rig for use on the company's Bentley field in the North Sea.

NPD: Norway's Ormen Lange Appraisal Well Does Not Change Resource Estimate
Friday, November 14, 2014 Shell drilled an appraisal well on its Ormen Lange gas field in Norway and though it hit a large gas column, there is no basis to change the recoverable resource estimate, the Norwegian Petroleum Directorate says.

December North Sea Oil Output Set To Jump By 11.5%
Thursday, November 13, 2014 North Sea daily oil output tracked by Reuters is set to jump by 11.5% in December from November.

North Sea Independents Report Solid Progress
Thursday, November 13, 2014 North Sea producers Premier Oil and Ithaca Energy both issue 'solid' updates for their respective third quarters.

EnQuest Production Rises on Ramped Up New Assets
Wednesday, November 12, 2014 EnQuest reports a 19-percent increase in oil production during the first 10 months of 2014.

Oil & Gas Innovation Centre Launched in Aberdeen
Tuesday, November 11, 2014 Aberdeen sees the official launch of the Oil & Gas Innovation Centre, which is designed to provide a single access point to Scottish universities for the oil and gas industry.

Norway's Gas Output Cut by 9.3 Mcm/day due to Gjoea Field Outage
Monday, November 10, 2014 Norway's gas output was reduced by 9.3 million cubic metres per day due to compressor problems at the offshore Gjoea gas field and it was unknown how long the outage would last, the country's gas system operator Gassco said.

Faroe, Enegi Pick up Licenses in 28th UK Round
Friday, November 07, 2014 Faroe Petroleum and Enegi Oil are awarded licenses in the UK's 28th Offshore Licensing Round.

Seven Winners at 'Biggest Ever' Oil & Gas UK Awards
Friday, November 07, 2014 Aberdeen sees 650 people from across the UK oil and gas industry gather to honor the country's most innovative and enterprising companies and professionals.

BG Group's Samuel To Head New UK New Oil & Gas Authority
Thursday, November 06, 2014 BG Group's Andy Samuel is named CEO of the UK's new Oil & Gas Authority.

Zenith Energy Wins Well Management Contracts
Wednesday, November 05, 2014 Aberdeen-based Zenith Energy wins three new contracts with oil and gas operators to supply specialist drilling and well engineering personnel.

Call for UK Government to Help Investment in Oil, Gas
Wednesday, November 05, 2014 British Chambers of Commerce calls on the UK Chancellor of the Exchequer to take measures in his Autumn Statement that will help investment in the country's oil and gas sector.

IGas Energy Ups Shale Gas Estimates on UK Well Results
Tuesday, November 04, 2014 IGas Energy increases its estimates of how much gas is in its shale projects following the results of an exploration well in northwest England.

East England Firms Have 'Advantage' over Decom Rivals
Tuesday, November 04, 2014 East of England companies have an advantage over Aberdeen-based competitors when it comes to southern North Sea decommissioning work.

Nexen Turns on Taps at Golden Eagle Area Development
Monday, November 03, 2014 CNOOC Limited announces that the Golden Eagle Area Development (GEAD) in the UK North Sea commenced production.

CAN Group Wins North Sea Deal with Fairfield Energy
Monday, November 03, 2014 Aberdeen-based oilfield services firm CAN Group wins a $6.4 million contract to provide asset integrity services to Fairfield Energy in the UK North Sea.

Statoil Puts $32.5B Price Tag On Giant Sverdrup Oil Field
Monday, November 03, 2014 Statoil's Johan Sverdrup field offshore Norway could cost up to $32.5 billion to develop, the company says.

EnQuest Awards Technip Kraken Contract
Tuesday, October 28, 2014 Technip is selected for an EPCI contract for the Kraken development by EnQuest.