North Sea News


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UK's EnQuest Expects Higher Production This Year
Monday, February 19, 2018 EnQuest Plc expects higher production in 2018, helped by its flagship Kraken oilfield and its acquisition of a 25% stake in BP's Magnus oilfield.

Aker BP Makes North Sea Find
Monday, February 19, 2018 Aker BP makes a discovery in Frosk exploration well 24/9-12, which is located near Alvheim in the North Sea.

OGTC Launches Events to Inspire Culture of Innovation in Scotland
Monday, February 19, 2018 The Oil & Gas Technology Centre launches a series of weekly events to help inspire a culture of innovation in the North-East of Scotland.

Neptune Energy Completes Engie E&P International Transaction
Friday, February 16, 2018 Neptune Energy Group completes the acquisition of Engie E&P International SA.

OPEC Considers Moving the Goalposts - Here's Where They Might Go
Friday, February 16, 2018 The 24-country alliance wants to reduce oil stockpiles to their five-year average.

Oil Posts a Weekly Rise as Stocks Recover, Dollar Flounders
Friday, February 16, 2018 Oil posted its first weekly increase since last month.

How to Move up the Ladder in Oil, Gas
Thursday, February 15, 2018 Rigzone readers outline the best way to move up the ladder in the oil and gas world.

Kemp: OPEC Pact Likely To Evolve Rather Than Terminate
Wednesday, February 14, 2018 Ministers from OPEC have been anxious to counter speculation about an early end to production curbs.

As KOGAS Goes Into LNG Arbitration, Others May Follow
Tuesday, February 13, 2018 KOGAS' recent move could herald a shake-up of the region's LNG market as other buyers follow suit.

IEA: Surge In Global Oil Supply May Overtake Demand In 2018
Tuesday, February 13, 2018 The rise in global oil production, led by the US, is likely to outpace growth in demand this year, IEA says.

Faroe Petroleum Agrees to Sell Stake in Norwegian Sea Development
Monday, February 12, 2018 Faroe Petroleum plc to sell part of its stake in the Norwegian Sea's Fenja development to Suncor Energy Norge AS.

Aberdeen Services Company Experiencing 'Strong' Start to 2018
Monday, February 12, 2018 TWMA is experiencing a 'strong' start to 2018, particularly in the North Sea.

Cluff Natural Resources Chairman to Step Down from CEO Role
Monday, February 12, 2018 Cluff Natural Resources chairman and CEO, Algy Cluff, will step down as CEO.

OPEC President Says Shale Won't Thwart Plan to Clear Glut
Monday, February 12, 2018 Surging output of US shale oil won't be a 'huge distorter' of efforts by global crude producers to clear a glut, according to OPEC's president.

Booming Asian Gas Demand Ripples All the Way to Norway
Monday, February 12, 2018 Asia's rapacious thirst for liquefied natural gas is sucking supplies from surprising places.

New Subsea Technology Could Generate Additional $4B From UKCS
Friday, February 09, 2018 Developing new subsea technology and approaches to field developments could help unlock 400 million additional barrels of oil and gas and generate $4.17 billion of additional value.

ExxonMobil's Reserves Jump 19% On Growth In US Shale, UAE
Friday, February 09, 2018 ExxonMobil says its oil and gas reserves surged 19% last year, thanks to growth in US shale, the United Arab Emirates and Guyana.

How to Create Your Environmental Engineer Resume
Friday, February 09, 2018 Here are some resume tips to help recent college graduates get a job as an environmental engineer.

Ineos: Forties Pipeline System is Safe
Thursday, February 08, 2018 Ineos confident FPS is safe following the discovery of a crack in December 2017.

North Sea Forties Crude Oil Pipeline Restarts - Spokesman
Thursday, February 08, 2018 Oil and natural gas have begun flowing again from the Forties pipeline in the North Sea, following a brief outage the previous day.

New Oil, Gas Production Technology Business Launched
Thursday, February 08, 2018 Services company FrontRow Energy Technology Group launches a new oil and gas production technology business.

Wood Secures North Sea Industrial Services Contract
Thursday, February 08, 2018 Wood wins a new contract with Bluewater to provide industrial services to the Haewene Brim floating production storage and offloading facility in the UK North Sea.

US Gas Drillers Are Missing Out on Asia's Oil-Driven Boom
Thursday, February 08, 2018 If you're pumping natural gas in the US, you're probably missing out on Asia's boom.

BLOG: What Not to Do as a Job Applicant
Thursday, February 08, 2018 Recruiters share some of the wildest things they've heard and experienced from job candidates.

Oil Hits 7-Week Low On Expectations Of Higher US, Iran Output
Thursday, February 08, 2018 Oil prices fall to their lowest in seven weeks.

UK Oilfield Services Sector Outlook 'More Positive'
Wednesday, February 07, 2018 After years of declining turnover, the outlook for the UK oilfield services sector is more positive in 2018.

Sparrows Group Secures North Sea Services Deal
Wednesday, February 07, 2018 Engineering services company, Sparrows Group, secures a 3-year contract with Repsol Sinopec Resources UK Limited to provide crane management services across its operating assets in the North Sea.

Oil World Turns Upside Down as US Sells Oil in Middle East
Wednesday, February 07, 2018 The United Arab Emirates isn't the most obvious customer for Texan oil.

Britain's Biggest Oil Pipeline Shut For Second Time In Two Months
Wednesday, February 07, 2018 Britain's biggest and most important oil and gas pipeline Forties was shut for a second time in two months on Wednesday.

Experts Predict Brent Trends in 2018: A Wrap Up
Tuesday, February 06, 2018 Rigzone outlines the price direction and drivers of Brent crude oil in 2018.

Aberdeen Harbour Board Appoints New Chief Executive
Monday, February 05, 2018 Aberdeen Harbour Board appoints Michelle Handforth as its new chief executive, effective immediately.

Analysts Expect Brent Crude Price to Continue Rising Over Next Few Years
Monday, February 05, 2018 Oil and gas analysts at BMI Research expect the value of Brent Crude oil to continue rising over the next few years, according to a new report published by the company.

Applicant Tracking Systems: The Good, Bad & Misunderstood
Monday, February 05, 2018 Rigzone gets oil and gas recruiters and HR personnel to weigh in on their use of the ATS and how it affects the recruiting process for employers and job candidates.

Next-Wave LNG Terminals Get Smaller To Offer Flexible Supply Deals
Monday, February 05, 2018 The liquefied natural gas market is growing every year, but the terminals that ship and receive the fuel are shrinking.

Oilfield Services Companies 'On An Upswing'
Friday, February 02, 2018 Oilfield services companies around the globe will face stronger demand for their services in 2018, according to a new report from BMI Research.

Little Transparency on UKCS Discoveries 'Blocker to Investment'
Thursday, February 01, 2018 The lack of transparency on new discoveries within the UK Continental Shelf is a blocker to investment, according to Woodmac.

BP Announces New North Sea Discoveries
Wednesday, January 31, 2018 BP makes new discoveries in the North Sea at Capercaillie, in Block 29/4e, and Achmelvich, in Block 206/9b.

Crude Gains First Time This Week After Gasoline Supplies Drop
Wednesday, January 31, 2018 Oil rose for the first time this week as a surprise decline in US gasoline supplies helped ease concerns about lackluster demand.

Oil, Gas 'Might Need a Tesla' to Attract Best Talent
Tuesday, January 30, 2018 The oil and gas industry might need to see the emergence of a company like Tesla to attract the best talent to the sector.

Kemp: US Oil And Gas Drilling Costs Rise As Rig Count Climbs
Tuesday, January 30, 2018 US shale producers are facing rising costs for everything from drilling rigs to pressure pumping equipment and labour.

Oil Prices Have Limited Upside
Tuesday, January 30, 2018 The 40% increase in oil prices since August is likely to stimulate a strong production response.

Oil Falls A Second Day On Stock Market Sell-Off, US Output
Tuesday, January 30, 2018 Oil prices slid for a second day, driven by ongoing evidence of rising US crude output.

Google, Facebook 'Wouldn't Have a Clue' How to Run Oil, Gas Industry
Monday, January 29, 2018 Companies like Google and Facebook wouldn't have a clue about how to run the oil and gas business, according to Rapidan Energy Group CEO Bob McNally.

Oil Is Looking Unstoppable as Hedge Funds Take Bets to New High
Monday, January 29, 2018 Hedge funds reported record wagers on continued price increases for both US and global oil benchmarks, along with gasoline and diesel.

Oil settles lower after dollar strengthens, rising U.S. output
Monday, January 29, 2018 Oil prices settled lower, pressured by a strengthening dollar and rising US crude output.

OGA Announces New MER UK Task Force Appointments
Friday, January 26, 2018 The UK's Oil and Gas Authority (OGA) announces several new MER UK Task Force appointments.

Shell Buying Spree Cranks Up Race For Clean Energy
Friday, January 26, 2018 Royal Dutch Shell has spent over $400 million on a range of acquisitions in recent weeks, from solar power to electric car charging points.

Sharp Rise in Oil, Gas Industry Confidence in 2018
Thursday, January 25, 2018 There has been a sharp rise in industry confidence in 2018, according to a new study by DNV GL, a technical advisor to the oil and gas sector.

Scottish Government Awards Cash Boost to 6 Decommissioning Projects
Thursday, January 25, 2018 Six projects across Scotland will be offered a share of $2.1 million as part of the second round of the Scottish government's Decommissioning Challenge Fund awards.

TAQA Transforming Eider Platform Under North Sea Field Extension Plans
Thursday, January 25, 2018 TAQA is transforming its Eider platform into a utility platform as part of its strategy to extend the life of its oil and gas fields in the northern North Sea.

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