Regional News: North Sea
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Talisman Sinopec Closes North Sea Platform Ahead of Storm
Wednesday, December 04, 2013 Talisman Sinopec closes Buchan Alpha platform in the North Sea ahead of an approaching winter storm.
Oil Minister: Norway Looks to Reduce Costs in Oil Sector
Wednesday, December 04, 2013 Norway is looking at measures to reduce rising costs in the oil and gas sector.
Oil & Gas UK Blasts Parliament over 'Subsidies' Allegation
Wednesday, December 04, 2013 Oil & Gas UK hits back at a UK parliamentary committee that has suggested the country's oil and gas industry is subsidized.
Oil Firms Move Some Staff Ashore From Norway's North Sea Before Storm
Tuesday, December 03, 2013 Energy companies operating in the Norwegian sector of the North Sea are moving some staff ashore because of an approaching winter storm but production is so far unaffected, they said.
VARD Secures $65M Contract to Build OSV for Island Offshore
Monday, December 02, 2013 Vard Holdings secures a $65.24 million contract to build an advanced offshore support vessel for Island Offshore.
Statoil to Land Johan Sverdrup Oil at Mongstad
Monday, December 02, 2013 Statoil says the partners in the Johan Sverdrup development have decided to land its oil at the Mongstad terminal north of Bergen, Norway.
Statoil Exploration To Focus On Africa, Norway In 2014
Monday, November 25, 2013 Statoil expects exploration spending to be broadly unchanged in 2014 but may drill slightly fewer wells, exploration chief Tim Dodson says.
Ernst & Young: Scots Independence Will Mean Oil, Gas Tax Rise
Friday, November 22, 2013 A survey of oil and gas industry leaders and decision makers finds that 79 percent believe Scottish independence will lead to a tax hike.
Chevron Throws Doubt On Rosebank North Sea Development
Friday, November 22, 2013 Chevron says development of its Rosebank project was not currently economically attractive, raising doubts about a resurgence of the North Sea as fears rise over costs.
Statoil Delays UK Field Development Worth up to $7B
Friday, November 22, 2013 Norway's Statoil delays the development of its Bressay heavy oil field in the UK North Sea in order to simplify the project and reduce costs.
Lundin Sees $8.2B Sverdrup Spending Estimate as Fair
Thursday, November 21, 2013 Lundin judges an $8.2-billion estimate for investments in the giant Johan Sverdrup field offshore Norway as fair.
'Numerous Opportunities' for Production Buoys around World
Thursday, November 21, 2013 Shore Capital says 'numerous opportunities' exist around the world for a production buoy system developed by UK firm ABT Oil & Gas.
Rex's Unit Gets Approval to Acquire Stakes in 2 Offshore Blocks in Norway
Thursday, November 21, 2013 Rex International's unit in Norway receives approval from the Norwegian government to acquire a 10 percent stake each in two offshore blocks in Norway from North Energy.
Faroe Says Reviews Options for Future of North Sea Njord Platform
Thursday, November 21, 2013 The Njord North Sea production platform may have to be replaced if oil and gas development drilling is to continue in the surrounding area, junior partner Faroe Petroleum says.
Scotland Exported $48B of Oil, Gas in 2012
Wednesday, November 20, 2013 The Scottish government estimates for the first time the size of Scotland's oil and gas exports to the rest of the UK and international markets.
Total Begins Investigation into Fatal Antwerp Explosion
Wednesday, November 20, 2013 Total reports that two of its contractors were killed Tuesday due to an explosion at the firm's Antwerp refinery.
Production at UK Breagh Gas Field to Resume in 6-8 Weeks
Wednesday, November 20, 2013 Production at the North Sea's Breagh gas field is expected to resume within six-to-eight weeks.
First Gas Production from UK Jasmine Field
Wednesday, November 20, 2013 BG Group announces first gas production from the Jasmine field in the UK North Sea.
Lundin Petroleum Completes Torvastad Exploration Well
Tuesday, November 19, 2013 Lundin completes exploration well targeting the Torvastad structure, which appears to contain a sandstone sequence connected to the Johan Sverdrup discovery.
Statoil Pays Up for Oseberg Wash Water Incident
Tuesday, November 19, 2013 Norway's Statoil decides to accept $1.7 million fine for Oseberg wash water incident.
High Offshore Activity Keeps Subsea 7 'On Track'
Monday, November 18, 2013 Subsea 7 reports third quarter results that show it is on track to deliver profit in line with expectations.
Sandvik Opens New North Sea Unit
Monday, November 18, 2013 Aimed at increasing business growth in the energy sector, Sandvik Materials Technology has established a new Business Unit Oil & Gas, increasing its investment and enhancing customer focus.
Bumi Armada Gets LOIA to Supply FPSO for Kraken Project
Monday, November 18, 2013 Bumi Armada receives letter of interim agreement for the supply of a floating, production, storage and offloading vessel for the Kraken oil project in the North Sea.
UK North Sea Breaks Make EnQuest Tax Free to 2018
Friday, November 15, 2013 EnQuest plans to invest $6.4 billion to extend the development of the Kraken field in the North Sea.
Newcomers Step Up As Oil Majors Ditch Old North Sea Fields
Friday, November 15, 2013 Aging North Sea fields are being abandoned by oil majors and increasingly rely on NOCs and large service providers to keep the oil - and tax revenues - flowing.
Antrim Energy Considering Selling Stake in Causeway Field
Friday, November 15, 2013 Antrim Energy says it is considering selling its stake in the Causeway field in the North Sea amid restrictions on its cash balances and existing loan terms.
Statoil to Extend Lifetime of Statfjord A Platform off Norway
Friday, November 15, 2013 Norway's Statoil has decided to extend the lifetime of its oldest oil platform, Statfjord A, in the North Sea.
Lobby: Norway's Oil Spending To Ease Back After 2014 Peak
Thursday, November 14, 2013 Norway's oil sector will spend a record $36 billion on investments next year before spending eases back to more modest levels.
Faroe Buys 50% Stake in Lowlander Ahead of Development
Thursday, November 14, 2013 Faroe Petroleum announces acquisition that means it now owns a 100-percent interest of the Lowlander oil discovery in the North Sea, which it plans to develop.
UK's Breagh Gas Field Shut, Maybe for Two Weeks - Sterling
Wednesday, November 13, 2013 The UK's Breagh gas field has been temporarily shut to resolve mechanical issues.
Government Review: Britain Should Set Up New N.Sea Regulator
Monday, November 11, 2013 The UK should set up a new regulator to encourage oil and gas firms to collaborate to counter plunging North Sea production rates, says a government review.
Lundin Petroleum Spuds Luno II Appraisal Well
Monday, November 11, 2013 Sweden's Lundin Petroleum begins drilling appraisal well 16/5-5 in order to prove the extension of the Luno II discovery into Norwegian production license 410.
Ithaca to Issue 'Stream' of News Ahead of Greater Stella Start-up
Monday, November 11, 2013 Ithaca Energy is expected to issue a 'stream' of news ahead of the production start-up of its Greater Stella Area development in mid-2014.
France's GDF Suez Drills Dry Well in North Sea
Monday, November 11, 2013 France's GDF drills a dry well in the North Sea, according to the Norwegian Petroleum Directorate.
Oil & Gas UK Awards Winners Announced
Friday, November 08, 2013 AMEC, Apache, Bilfinger, BG Group and Chevron come up trumps at the Oil & Gas UK Awards.
Statoil Proposes New North Sea Gas Pipeline for Sverdrup Field
Friday, November 08, 2013 Statoil proposes building a subsea pipeline twice as big as needed to take gas from Norway's giant new Johan Sverdrup oil and gas field to cater for future finds.
TAQA: Major Projects on Schedule
Thursday, November 07, 2013 TAQA reports that its major projects are currently on schedule, including the Atrush oil and gas field in Kurdistan that is due to be completed in 2015.
Lundin Completes Johan Sverdrup Appraisal Well 16/3-7
Thursday, November 07, 2013 Lundin finds a 164-foot thick reservoir that includes 'excellent-quality' sandstone and dolomitic carbonates of late Jurassic and Permian age with its latest Johan Sverdrup appraisal well.