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Regional News: North Sea

 
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Norway's Giant Sverdrup Oil Field Could Face Delay, Cost Overrun
Friday, April 24, 2015 The start of Norway's 2.3 billion barrel Johan Sverdrup oil field may be delayed and costs could exceed forecasts but the project could break even at about half of the current oil price, authorities say.

Ithaca Agrees to Sell Norwegian Business to Hungary's MOL
Friday, April 24, 2015 North Sea-focused Ithaca Energy agrees to sell its Norwegian business to Hungary's MOL for $60 million.

BP to Sell UK Gas Pipeline Stake to Infrastructure Fund
Thursday, April 23, 2015 BP agrees to sell its stake in one of Europe's biggest pipelines to Antin Infrastructure Partners.

Ivar Aasen Appraisal Wells Drilled Successfully
Wednesday, April 22, 2015 Det norske oljeselskap completes the drilling of two appraisal wells on the Ivar Aasen field.

Norway Considers Support For Statoil Project
Tuesday, April 21, 2015 Norway will ask European competition authorities whether it can provide state support to Statoil to bring oil and gas to the shore from its Johan Castberg field.

  



Norway Launches Expanded Oil Licensing Round in Mature Areas
Tuesday, April 21, 2015 Norway launches its 2015 oil and gas licensing round in mature areas, expanding it to include blocks near recent discoveries.

Laggan-Tormore Project Causes More Woe for Petrofac
Monday, April 20, 2015 Petrofac incurs a further $195 million loss after adverse weather conditions and industrial action cause delays on the Laggan-Tormore gas plant project in the Shetlands.

Norway's Minister of Petroleum Opens Valemon Field
Friday, April 17, 2015 Norway's Valemon field is officially opened.

Lime Petroleum Acquires 30% Stake in PL544 in Norwegian North Sea
Friday, April 17, 2015 Lime Petroleum acquires a 30 percent stake from Lundin Petroleum in PL544 in the Norwegian North Sea.

BG Group Drills Dry Well in the North Sea
Friday, April 17, 2015 BG Group comes up dry in the Norwegian North Sea with its 34/3-5 exploration well southeast of the Knarr field.

Wintershall Strengthens Position in Southern North Sea
Wednesday, April 15, 2015 German oil and gas producer Wintershall plans to step up its activities in the southern North Sea.

Survey: Doubts that New Tax Initiatives Will Drive North Sea Exploration
Wednesday, April 15, 2015 A Rigzone survey finds a lack of confidence among oil and gas professionals that new UK tax initiatives will stimulate investment in North Sea exploration.

Technip Wins Subsea Contract for Triton FPSO
Tuesday, April 14, 2015 Technip wins a brownfield subsea contract from Dana Petroleum for its Triton floating production, storage and offloading vessel in the North Sea.

Ithaca Finishes Stella Field Development Drilling
Monday, April 13, 2015 Ithaca Energy completes flow test operations on the final development well on its Stella field, with the well achieving a flow rate of more than 8,000 barrels per day.

Total's Skirne East Well Finds Gas Offshore Norway
Friday, April 10, 2015 Tota's Skirne East exploration well in the Norwegian North Sea finds recoverable gas of up to 10 million barrels oil equivalent.

Polarcus Wins Offshore Norway Work for its Adira Seismic Vessel
Thursday, April 09, 2015 Polarcus wins a contract with fellow seismic survey firm TGS-Nopec that will see its 3D seismic vessel Polarcus Adira operate offshore Norway from this month.

Iona Rings Changes in the Boardroom
Thursday, April 09, 2015 Iona Energy appoints Bill McCall as a new independent director, while Richard Ames and Roger Laing resign as directors.

Dutch Offshore Supply Firms Expect 'Difficult' 2015
Wednesday, April 01, 2015 Netherlands-based suppliers to the offshore oil and gas industry are starting to feel the effect of a downturn in the sector caused by the lower oil price.

Maersk Oil Commences Production from New Platform in Danish North Sea
Tuesday, March 31, 2015 Maersk Oil commences production from a new unmanned platform Tyra Southeast-B in the Danish North Sea.

Unions: UK North Sea Workers Give 'Overwhelming' Support For Strike
Friday, March 27, 2015 Trade unions Unite and GMB say members working offshore in Britain's oil and gas industry showed overwhelming support for industrial action in a consultative ballot.

Shell To Cut More UK North Sea Jobs In 2015
Thursday, March 26, 2015 Shell plans further job cuts in its UK North Sea operations this year.