Regional News: North Sea

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Statoil Makes North Sea Oil, Gas Discovery
Friday, March 24, 2017 Statoil Petroleum AS makes an oil and gas discovery in the North Sea through well 34/10-55 S, the Norwegian petroleum Directorate reveals.

HeliOffshore Deems North Sea Helicopter Operations Safe
Thursday, March 23, 2017 HeliOffshore confirms the safety of North Sea helicopter operations following a number of helicopter incidents in the region last year.

OGA Awards 25 Licences for 111 UKCS Blocks in 29th Offshore LA
Thursday, March 23, 2017 The Oil and Gas Authority (OGA) awards 25 licenses for 111 blocks, or part blocks, to 17 companies in the 29th Offshore Licensing Award.

Offshore Industry To Play 'Vital Role' in Scottish Independence Campaign
Wednesday, March 22, 2017 The offshore industry will play a vital role in a second Scottish independence referendum campaign, Wood Mackenzie says.

Enquest Reports Small Rise In Annual Profit Despite Weak Oil Price
Tuesday, March 21, 2017 North Sea-focused oil producer EnQuest reports a small rise in annual core earnings, despite weak oil prices, as it brings down costs and raises production.


Semco Maritime Inks Deal with Maersk Oil and Gas; Will Add Offshore Jobs
Friday, March 17, 2017 Semco Maritime enters into its largest contract in company history with Maersk Oil and Gas to add jobs in the North Sea.

MSP: Scotland Will Suffer If Supporting Action Is Not Taken Now
Friday, March 17, 2017 If action is not taken now by Westminster to support the North Sea oil and gas industry, the whole of Scotland will suffer, Gillian Martin, MSP for Aberdeenshire East says.

Unite Demands Full Disclosure from Wood Group, Amec on Employment Plans
Tuesday, March 14, 2017 The UK's Unite union demands full disclosure from Wood Group and Amec Foster Wheeler on any employment plans that are part of a recently announced takeover.

UK Students Still See Promise in Oil, Gas Careers in North Sea
Monday, March 13, 2017 A new report by OPITO reveals that the majority of UK students are still interested in pursuing careers in the region's oil and gas sector.

Premier Oil Makes Annual Pre-Tax Loss Despite Cost Cuts, Higher Output
Thursday, March 09, 2017 North Sea focused Premier Oil missed analysts' annual profit forecasts as it made its third consecutive annual loss before tax despite a heavy squeeze in costs and higher production.

Confidence Slowly Returning to UKCS
Tuesday, March 07, 2017 Confidence is slowly returning to the UK Continental Shelf (UKCS) following an intensive 2-year drive to improve efficiency, streamline costs and boost productivity, Oil & Gas UK says.

OGA: UKCS Projects Delivered Late, Over Budget
Friday, March 03, 2017 On average, fewer than 25% of oil and gas projects on the UK continental shelf were delivered on time since 2011, according to a comprehensive 5 year review from the OGA.

WoodMac: 2017 is the Year to Invest in the North Sea
Friday, March 03, 2017 Low supply chain costs are making 2017 the year to invest in the North Sea, according to a new report from Wood Mackenzie.

Road Haulage Industry Opens its Doors to North Sea Oil, Gas Workers
Wednesday, March 01, 2017 The Road Haulage Association opens its doors to North Sea workers affected by the latest downturn.

North Sea Producers To Benefit From Further Falls In Supplier Rates
Wednesday, March 01, 2017 Oil and gas operators in the North Sea will benefit this year from another 10% drop in leasing costs for equipment such as drilling rigs and subsea kit as oversupply continues to drag down rates.