Regional News: North Sea

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Xcite Confirms $35-per-Barrel Costs for Bentley Field
Friday, May 29, 2015 Xcite Energy makes a small loss for the first quarter were confirming the project economics for the development of its Bentley field work out at $35 per barrel.

Ithaca Energy Shares Slide after Disclosing North Sea Dispute
Thursday, May 28, 2015 UK North Sea-focused Ithaca Energy says it has received a legal claim regarding its Greater Stella Area oilfield in the North Sea.

BG Group, Prosafe Agree New Program for Safe Bristolia Vessel
Friday, May 22, 2015 BG Group and Prosafe agree a new work program for the use of the Safe Bristolia accommodation support vessel on BG's Everest field.

Unite Joins GMB in Calling for North Sea Strike Action
Friday, May 22, 2015 In a statement to Rigzone, UK trade union Unite states that it will issue a legal notice to the OCA.

GMB Union Calls for Strike Action in UK North Sea
Thursday, May 21, 2015 GMB announces a strike ballot will go ahead after talks failed to resolve a dispute over changes to terms for UK offshore workers.


COSL Drilling Europe Inks Frame Agreement with PSW
Wednesday, May 20, 2015 COSL Drilling Europe inks a frame agreement with PSW Group for subsea and riser maintenance services for its drilling rigs.

CEO: OMV Further Ramping Up Norway Production
Tuesday, May 19, 2015 Austria's OMV ramps up production in the North Sea around Norway, CEO Gerhard Roiss tells shareholders.

Top Oil Execs, Cash-Rich Funds Team Up To Buy UK North Sea Assets
Friday, May 15, 2015 High-profile oil and gas executives are teaming up with private equity funds seeking to invest billions in UK North Sea assets.

EnQuest Reports 'Strong Operational Performance'
Friday, May 15, 2015 EnQuest sees a 'strong operational performance' during the first quarter, with production up 20.2 percent at 30,768 barrels per day.

Ithaca Issues Positive 1Q Results Update
Thursday, May 14, 2015 UK North Sea-focused Ithaca enjoys a positive first quarter, generating strong cash flow ahead of the start-up of its Stella field next year.

Premier Posts Positive Trading, Operations Updates
Wednesday, May 13, 2015 The UK's Premier Oil announces positive trading and operations updates

Subsea 7 to Cut Workforce by a Fifth, Reduce Fleet
Tuesday, May 12, 2015 Oil services firm Subsea 7 is to cut its workforce by almost 20 percent and reduce its 39-strong fleet of vessels by up to 11 ships.

Maersk Oil Makes New Discovery in Danish North Sea
Tuesday, May 12, 2015 Maersk Oil discovers hydrocarbons in Danish North Sea

Wintershall To Spend $2B To Develop Norwegian Oil Field
Tuesday, May 05, 2015 BASF subsidiary Wintershall and its partners will spend $2 billion to develop the Maria oil and gas field in the Norwegian Sea, the oil ministry says.

North Sea Work: Reasons for Optimism amid the Gloom
Tuesday, May 05, 2015 Times are tough for North Sea oil and gas workers, yet reasons to be optimistic remain.

Services Firm Cape Secures 500 Jobs with New BP Contract
Friday, May 01, 2015 Oilfield services firm Cape secures 500 jobs with a new $154-million, two-year contract to service North Sea assets owned by BP.

Enegi Signs Up Apollo to Marginal Field Consortium
Friday, May 01, 2015 Enegi Oil subsidiary ABTOG signs up Apollo Offshore Engineering as a partner to build technical solutions for developing marginal fields, but Wood Group PSN decides not to join the venture.