North Sea News

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Penguins FID Marks End of Cautious North Sea Era
Tuesday, January 16, 2018 Royal Dutch Shell plc's decision to go ahead with the redevelopment of the Penguins oil and gas field marks the end of the cautious North Sea era.

Offshore Achievement Awards Finalists Revealed
Tuesday, January 16, 2018 The finalists for the Offshore Achievement Awards have been revealed.

Shell to Redevelop Penguins Field in UK North Sea
Monday, January 15, 2018 Shell confirms that it will redevelop the Penguins oil and gas field in the UK North Sea.

Oil, Gas Majors to Boost Renewable Spend
Friday, January 12, 2018 Oil and gas majors will continue to strengthen investment into renewable energy and low carbon technology through 2018.

North Sea Fields Resume Production Following FPS Repair
Friday, January 12, 2018 The Bruce, Keith and Rhum fields resume production following the successful repair of the Forties Pipeline System.

Premier Oil to Ramp Up Output at North Sea Catcher Field
Thursday, January 11, 2018 Premier Oil is planning to ramp up production from the Catcher field in the North Sea to 60,000 barrels of oil per day.

Oil Crosses $70 Threshold in London as Worldwide Glut Dwindles
Thursday, January 11, 2018 Oil briefly topped $70 a barrel in London for the first time in three years.

Aberdeen Services Firm Wins UKCS Contract with Total
Wednesday, January 10, 2018 Aberdeen-headquartered services company, TWMA, secures a 3 year contract with Total.

OPEC's Cheer Over 2018 Oil Rally Tinged By Shale Worries
Tuesday, January 09, 2018 Oil's price rally this year to its highest since May 2015 may seem a source of glee for OPEC.

OPEC's Oil Cuts Claim a Victim as Supertanker Earnings Crash
Tuesday, January 09, 2018 OPEC's strategy to end a worldwide crude glut is causing havoc for a vital link in the oil industry's supply chain.

OGTC Invests $1.8MM in P&A Technology
Monday, January 08, 2018 The UK's Oil & Gas Technology Centre (OGTC) is investing $1.8 million (GBP 1.3 million) in four well plugging and abandonment (P&A) projects.

Investors Sense Opportunities In Big Oil - But Mind The Gap
Friday, January 05, 2018 Investors are gaining confidence - up to a point - that 2018 will be the year of oil stocks.

Global Exploration Sector May Soon Return to Profit
Thursday, January 04, 2018 There are early signs that the global exploration sector may soon return to profit.

Why I Returned to the Oilfield...
Thursday, January 04, 2018 Oil and gas workers detail their journeys exiting - and coming back - to the industry.

Rig Trends: Offshore Rig Fleet Poised for Comeback, but More Time is Needed
Thursday, January 04, 2018 Most of the 2018 indicators are positive, and should they shake out as predicted, the second-half of next year could finally be the start of a true recovery.

BLOG: How Confident Are North Sea Workers About Their Employment?
Thursday, January 04, 2018 Rigzone outlines employment confidence levels among North Sea oil and gas workers.

Forties Oil Pipeline Crack Under Investigation by UK Regulator
Thursday, January 04, 2018 The U.K. Health and Safety Executive is investigating the causes of a crack in a key North Sea oil pipeline.

Oil, Gas Outlook: M&A, Asset Development Key to Future Growth
Wednesday, January 03, 2018 Argo Consulting's Alan Free discusses where the silver lining may be for oil and gas in 2018.

Independents Go Big in North Sea
Wednesday, January 03, 2018 While some majors are still involved in the North Sea, notably Statoil, the age of the independents is clearly on the ascendancy.

Forties Pipeline System Now Fully Operational
Tuesday, January 02, 2018 The Forties Pipeline System is now fully operational following repair work on the asset, Ineos has confirmed.

Moody's Sees Oil Prices At $40-$60 Per Barrel This Year
Tuesday, January 02, 2018 Moody's Investors Service expects oil prices in the range of $40 to $60 per barrel in 2018.

2018 Outlook: Survey Reveals Industry's Outlook on Oil Prices, Jobs
Tuesday, January 02, 2018 Rigzone readers share their outlooks on some of the most pertinent issues affecting the oil and gas industry.

What to Watch for in the Downstream in 2018
Tuesday, January 02, 2018 Expert panel offers 2018 outlook for refining, petchems, LNG and more.

Top 5 Articles by Rigzone Staff in 2017
Friday, December 29, 2017 Rigzone reveals some of its most-read articles written by staff in 2017.

Top Rigzone-Staff Picks for 2017
Thursday, December 28, 2017 Rigzone's editors highlight articles they've particularly enjoyed writing in 2017.

The 2017 Downstream Countdown: 10 to 6
Thursday, December 28, 2017 Find out which countries were vying for the top LNG exporter spot in 2017.

BLOG: Survey Says North Sea Oil Market Will Improve in 2018
Thursday, December 28, 2017 People believe the North Sea oil sector will look better next year.

Five Oil Signals to Watch as 2018 Pits OPEC Against Shale
Thursday, December 28, 2017 Oil traders are going to have their work cut out for them in 2018.

The 2017 Downstream Countdown: 15 to 11
Wednesday, December 27, 2017 Here's a recap of the top downstream articles on Rigzone in 2017, starting with numbers 15 through 11.

Premier's New Oil Field Offers Relief After UK Pipe Halt
Wednesday, December 27, 2017 A new UK North Sea oil field came online last week, offering one of the country's largest independent operators some relief.

What Has Made 2017 Memorable in the Downstream?
Friday, December 22, 2017 They're not stand-up comics, but these folks know a thing or two about downstream highlights.

UK, Scotland: The North Sea Ain't Done Yet
Friday, December 22, 2017 UK and Scottish government representatives see a bright future.

Global Conventional Discoveries Hit Record Low
Friday, December 22, 2017 Global conventional discoveries hit a record low in 2017, coming in at less than seven billion barrels of oil equivalent.

GMG Launches New Oil & Gas Services Business Unit
Friday, December 22, 2017 Engineering services company Global Marine Group launches Global Offshore, a new business unit that will deliver trenching and power cable laying services to the oil and gas sector.

Rig Trends: A Glint of Light in the North Sea Rig Market
Friday, December 22, 2017 The UK North Sea and Norwegian Continental Shelf are two areas where semisubmersible demand has picked up.

Scotland Pledges to Continue Supporting Oil, Gas Investment
Thursday, December 21, 2017 Scotland pledges to continue supporting investment and innovation across its oil and gas sector.

Statoil To Extend Snorre Oilfield Output Under $2.3B Plan
Thursday, December 21, 2017 Norway's Statoil will extend output from its Snorre oilfield in the North Sea by some 25 years.

Forties Pipeline System Repairs Scheduled to Complete by Christmas
Thursday, December 21, 2017 Repair work on the Forties Pipeline System is scheduled to complete around Christmas based on current estimates.

World's Most Important Oil Benchmark Feels Strain of Pipe Crack
Thursday, December 21, 2017 When a vital North Sea oil pipeline cracked earlier this month, it did more than halt the flow of barrels.

BLOG: Wrapping Up a Year of Oil Price Predictions
Thursday, December 21, 2017 Volatility is the name of the game for oil prices, and in this end-of-year wrap-up, Rigzone shows the ups and downs that were present in this year’s predictions.

Rigzone Survey Finds Downstream Hiring Hot Spots for 2017, 2018
Thursday, December 21, 2017 Survey participants also reveal where jobs should be most plentiful in the downstream next year.

The 2017 Downstream Countdown: The Final Five
Thursday, December 21, 2017 Presenting, Rigzone's top five downstream articles for the past year.

ROV Operator Grows Following Funding Boost
Wednesday, December 20, 2017 ROVOP Limited, an independent operator of underwater remotely operated vehicles (ROVs) with bases in Aberdeen and Houston, increases its fleet by 50% to meet ongoing customer demand.

Ineos Presses Ahead With Crude Pipeline Repairs
Wednesday, December 20, 2017 Ineos says repairs to Britain's Forties crude pipeline are underway.

Ineos Says Forties Oil Pipeline Repair Timeframe Unchanged
Tuesday, December 19, 2017 The timeframe to repair Britain's Forties crude oil pipeline in the North Sea remains 2-4 weeks.

OGA Introduces New Measures for Operators in UKCS
Tuesday, December 19, 2017 The Oil and Gas Authority (OGA) is introducing new measures to ensure operators 'work appropriately with the supply chain and derive maximum value from project activity'.

ICR Opens New Aberdeen Energy Park Headquarters
Tuesday, December 19, 2017 ICR Integrity Limited, a provider of integrated maintenance solutions to the oil and gas market, has relocated 6 bases across Aberdeenshire into 1 new facility in Aberdeen Energy Park.

Union Would Ballot for Strike Action if Super Puma Makes a Comeback
Tuesday, December 19, 2017 'Unite will not hesitate to ballot its members for industrial action,' Unite regional officer Campbell says.

Ineos Sticks To 2-4 Week Forties Pipeline Repair Estimate, Assessing Damage
Monday, December 18, 2017 Repairing Britain's Forties crude oil pipeline in the North Sea is still expected to take two to four weeks, operator Ineos said.

UKCS Operating Costs Drop
Friday, December 15, 2017 Operating costs in the UK Continental Shelf (UKCS) dropped by 14% in 2016, with operators securing reductions of approximately $1.5 billion.

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