North Sea News


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James Fisher Launches Decommissioning Firm Share your comments
Friday, January 28, 2022James Fisher has launched a new business line – James Fisher Decommissioning (JF Decom).

Shell Starts Up 20MW Hydrogen Electrolyzer In China Share your comments
Friday, January 28, 2022Shell has started operations at the 20 MW power-to-hydrogen electrolyzer in Zhangjiakou – one of the largest such facilities in the world.

Oil Markets Enjoy Degree of Inflation Immunity Share your comments
Friday, January 28, 2022Benchmarks rose despite the U.S. Federal Reserve's announcement that an interest rate hike will come in March.

Petronas Launches Malaysia Bid Round 2022 Share your comments
Friday, January 28, 2022Petronas has launched its MBR 2022 bid round offering some 21 bboe to over 1,300 potential and existing investors.

Hunting Makes Inroads Into The UK Geothermal Space Share your comments
Friday, January 28, 2022Hunting Energy Services has entered the UK geothermal market with the Eden project, setting its sight to further expansion in Europe.

Petrofac COO Joins OGUK Board Share your comments
Friday, January 28, 2022The appointment comes as OGUK focuses on accelerating the industry's efforts to deliver low carbon energy to the UK.

U.S. Judge Scraps GOM Lease Sale Due To Climate Impact Share your comments
Friday, January 28, 2022A federal judge invalidated the results of Gulf Of Mexico oil and gas Lease Sale 257 which offered up more than 80 million acres.

A Perfect Storm for Diesel Prices Share your comments
Friday, January 28, 2022Diesel market prices are soaring all over the world.

Gas Sees Biggest 1-Day Price Increase Since 1990 Share your comments
Friday, January 28, 2022Rigzone's regular market watchers look at a notable gas price increase, new oil price highs, rising geopolitical temperatures and more.

Exploration Co Drills 3 Wells Close to Henry Hub Terminal Share your comments
Friday, January 28, 2022The three wells will be batch drilled from the same surface pad site.

U.S. DOE awards $25M To Wave Power Research Projects Share your comments
Friday, January 28, 2022The U.S. Department of Energy (DOE) will provide $25M in funding to support increased research and development of wave energy technologies.

Chevron Profit Falls Short of Forecasts Share your comments
Friday, January 28, 2022Analysts had expected bigger things from Chevron.

Canada Oil Sands Stocks Surge Share your comments
Friday, January 28, 2022Canada's oil companies are outperforming their energy-producing peers.

Woodside Exits Myanmar Almost One Year After Coup Share your comments
Thursday, January 27, 2022Woodside has followed the lead of Chevron and TotalEnergies and decided to withdraw from its interests in Myanmar.

Maersk Drilling Connecting Rigs To Green Shore-To-Ship Power Share your comments
Thursday, January 27, 2022Maersk Drilling and the Port of Esbjerg have enabled the supply of green power for offshore drilling rigs to reduce carbon emissions.

World First Offshore Charging Station Progresses Share your comments
Thursday, January 27, 2022Sea trials were held in the Port of Cromarty Firth in Scotland during January.

px Group Gets Operatorship Of Risavika LNG Facility Share your comments
Thursday, January 27, 2022North Sea Midstream Partners (NSMP) has selected px Group as operator of the Risavika LNG plant in Norway.

Var Energi Targets Tighter Supplier Cooperation Share your comments
Thursday, January 27, 2022Var Energi eyes more sustainable oil and gas production by streamlining supplier cooperation.

Subsea 7 Secures Substantial Gulf of Mexico Deal Share your comments
Thursday, January 27, 2022Subsea 7 defines a 'substantial' project as being worth between $150 million and $300 million.

Trinidad Govt Signs Atlantic LNG Restructuring Deal With Shell And BP Share your comments
Thursday, January 27, 2022Trinidad and Tobago has signed heads of agreement with shareholders to forward restructuring plans for the Atlantic LNG project.

DOE Awards 13.4MM Barrels from SPR Share your comments
Thursday, January 27, 2022Exchange contracts were awarded to companies including Shell, Exxon and BP.

Neptune Increases North Sea Field Production Through Tiebacks Share your comments
Thursday, January 27, 2022Neptune Energy has increased production from its Gjøa platform by two million barrels of oil equivalents from 2020 to 2021.

Texas Flaring Rate Keeps Dropping Share your comments
Thursday, January 27, 2022The total percentage of gas flared in Texas has dropped steadily from 2.27 percent in June 2019.

Equinor Officially Opening Martin Linge Field Share your comments
Thursday, January 27, 2022Equinor is officially opening its operated Martin Linge oil and gas field following the production start last year.

USA Oil Market Signals More Sizzle Ahead Share your comments
Thursday, January 27, 2022The U.S. physical crude market is pricing near its strongest level in more than a year.

Schlumberger Sees Payment Delays in Mexico Share your comments
Thursday, January 27, 2022In 2020, Mexico was home to Schlumberger's biggest source of work awaiting payment.

EU To Fund Northern Lights CCS Project Expansion Share your comments
Thursday, January 27, 2022Northern Lights is set to receive around $4.5 million from the EU under the Connecting Europe Facility funding scheme.

Chevron Stock Hits Record Share your comments
Thursday, January 27, 2022Chevron Corp. surged to a record Thursday morning.

Diesel Market Looks at Risk of Price Spikes Share your comments
Thursday, January 27, 2022The market is vulnerable to price spikes.

Oil Down as Equities Fluctuate and US Dollar Soars Share your comments
Thursday, January 27, 2022Oil fell from a fresh seven-year high as equities wavered and the dollar’s strength weighed on the commodity.

Aramco Signs 50 Deals Share your comments
Wednesday, January 26, 2022Saudi Aramco has revealed that it has signed 50 new Memoranda of Understanding.

Petrofac Secures 5-Year NEO Energy Deal Extension Share your comments
Wednesday, January 26, 2022Petrofac will provide a 5-year framework for well management and well operator support for 27 wells across the Affleck, Balloch, Dumbarton, Lochranza and Finlaggan fields in the UK Central North Sea.

Hess Increases Budget With Most Going To Guyana And Bakken Share your comments
Wednesday, January 26, 2022Hess Corporation has stated that its 2022 Exploration & Production budget of $2.6 billion will mostly be allocated to Guyana and the Bakken.

Largest Asian Deepwater FPSO Gets 6-Year Extension Share your comments
Wednesday, January 26, 2022Thailand's PTT Exploration & Production (PTTEP) has extended a charter contract for the FPSO Kikeh, which is operating offshore Malaysia.

OPEC+ Delegates Expect to Stick to Plan Share your comments
Wednesday, January 26, 2022The revival of production halted during the pandemic has started to run into capacity constraints.

Offshore Investments Back To Pre-Pandemic Levels, Westwood Claims Share your comments
Wednesday, January 26, 2022Westwood revealed a year-on-year growth for the global offshore rig market at the close of 2021, up 200 percent from 2020.

Analyst Forecasts Oil Moves Through February and Beyond Share your comments
Wednesday, January 26, 2022'Bearish blips' are expected throughout the year.

Energy Transfer Set for Highest Return in Sector Share your comments
Wednesday, January 26, 2022The company owned by billionaire Kelcy Warren is seen reporting a record annual profit next month.

Hibiscus Buys Malaysia, Vietnam Assets From Repsol Share your comments
Wednesday, January 26, 2022Hibiscus Petroleum has completed the buy of Repsol's interests in oil and gas assets in Malaysia and Vietnam.

Adnoc May Aim for $5B of Bonds This Year Share your comments
Wednesday, January 26, 2022Adnoc has about $20 billion of debt, including roughly $5 billion maturing this year, according to data compiled by Bloomberg.

China Travel Rush Latest Boon for Soaring Oil Market Share your comments
Wednesday, January 26, 2022China expects the number of trips people make this year will be 36% higher than 2021.

KCA Deutag Bags $550MM PDO Deal Share your comments
Wednesday, January 26, 2022The 10-year contract is said to come with options to extend for a further two years.

Oil Hits 7 Year High Amid International Concerns Share your comments
Wednesday, January 26, 2022Brent oil surged above $90 for the first time in seven years before paring as the market fretted over Russia-Ukraine tensions.

TechnipFMC Scores Large Buzios Field EPCI Deal Share your comments
Tuesday, January 25, 2022TechnipFMC has been awarded a large subsea EPCI contract by Petrobras for its Búzios 6 field offshore Brazil.

Var Energi Going Public To Enhance Growth Share your comments
Tuesday, January 25, 2022Var Energi will launch an initial public offering of its shares and apply for a listing on the Oslo Stock Exchange.

OGA Chair Joins Electric Vehicle Charging Player Share your comments
Tuesday, January 25, 2022Eggar was appointed chairman of the UK Oil and Gas Authority in March 2019.

Enauta Confirms New Atlanta FPSO Buy Share your comments
Tuesday, January 25, 2022Enauta has entered into an agreement for the purchase of FPSO OSX-2 for the definitive system of the Atlanta field off Brazil.

USA Says Houthis to be Held Accountable for Attacks Share your comments
Tuesday, January 25, 2022U.S. National Security Advisor Jake Sullivan met with envoys to the UAE and Saudi Arabia.

Halliburton Excited About Multi-Year Upcycle Share your comments
Tuesday, January 25, 2022'Halliburton uniquely benefits from this constructive environment'.

KUFPEC Makes First Operated Offshore Discovery Share your comments
Tuesday, January 25, 2022Anambas-2X was drilled in 288 feet of water.

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