Western Europe
News
August 31, 2023
"We look forward to working with the new Secretary of State and her team to build on the progress the sector has already made to deliver energy security from the North Sea, underpinned by the North Sea Transition Deal," said OEUK.
News
August 29, 2023
Aker BP is using the company’s alliance model in the implementation phase, including the Subsea Alliance with Aker Solutions and Subsea 7, and the Modification Alliance with Aker Solutions.
News
August 25, 2023
With this project, Equinor and its partners expect to increase production by 26 MMboe from the area.
Article
August 2023
Norway's offshore: Moving on
News
August 23, 2023
DeepOcean’s contract scope includes engineering, transportation and installation of the gas export riser, subsea tie-ins and pre-commissioning support.
News
August 23, 2023
The field helps underpin Norway’s position as Europe’s largest gas supplier: On plateau, Dvalin is planned to produce enough energy to heat more than 2 million homes. The additional volumes come as Europe continues to search for predictable long-term supplies of natural gas.
News
August 22, 2023
Statfjord C will change its power solution to cut emissions. A new steam turbine will produce electricity based on surplus heat from two gas compressors. This will make energy consumption more efficient and cut 25% of total annual CO2 emissions on Statfjord C, equivalent to 50,000 cars.
News
August 21, 2023
Perenco SA, Ithaca Energy Plc and newcomer Viaro Energy Ltd. have bid for a package of UK assets that includes the Leman Alpha hub, the Clipper field and the Bacton gas terminal, the people said, asking not to be identified discussing private information.
News
August 15, 2023
The Camelot license’s annual storage potential is up to 6 million tonnes and provides a significant and valuable contribution to the CO2 abatement potential in the UK.
News
August 10, 2023
Through a five-year framework agreement, Wood will apply digital solutions to transform National Gas infrastructure to modern, cyber-secure technology across their entire network of critical assets across Britain.
News
August 09, 2023
DNO ASA announced that a fast-track development concept has been agreed for its 2016 Brasse oil and gas discovery in license PL740 offshore Norway, paving the way for detailed design studies to link up with the Brage field.
News
August 01, 2023
Offshore Energies UK, the leading trade association for energy firms from oil and gas to carbon capture, offshore wind and hydrogen, has greeted the government’s commitment to the 33rd licensing round and its carbon capture announcements as important steps forward for long-term energy security and jobs.
News
July 31, 2023
The government said the first new permits in the current licensing round will be issued in the autumn, with over 100 expected in total. It also suggested a commitment to future licensing rounds — though that would hinge on Sunak’s party holding onto power in a general election expected in 2024.
News
July 28, 2023
The assets are “a key part of our portfolio,” along with the energy supplier’s stakes in Britain’s nuclear power stations, Chief Executive Officer Chris O’Shea told reporters Thursday. It’s a turnaround from 2019, when Centrica said it would exit oil and gas production for good — which it did in Norway, but not in Britain.
News
July 27, 2023
Upon entering the reservoir, Ithaca Energy, acting as the operator, discovered that hydrocarbons were present in the reservoir in the Forties member sandstones, with 45 ft of net thickness.
News
July 10, 2023
Preliminary evaluation of comprehensive data, including cores and fluid samples, acquired from the discovery well and a follow-on extended sidetrack indicates gross recoverable resources in the range of 120-230 MMboe on a P90-P10 basis.
News
July 07, 2023
Johan Sverdrup, the single largest crude stream in the North Sea, is a relatively dense and sulfur-rich type of oil —- properties that normally mean it trades below Dated. However, Saudi Arabia hiked the premiums it charges for its own barrels — which are similar to the Norwegian grade, triggering the price surge, the traders said.
News
July 05, 2023
Transocean Ltd. announced that six one-well options have been exercised for the Transocean Encourage in Norway.
News
July 03, 2023
Perenco UK has renovated, replaced or modified old, oversized infrastructure, replacing it with more modern, efficient, fit-for-purpose equipment that requires less maintenance and provides better uptime.
News
June 28, 2023
David Whitehouse, Chief Executive of Offshore Energies UK, which represents 400 companies involved in producing energy from gas, oil and wind in UK waters, said OEUK supported the CCC’s net zero targets, but the report’s proposals for achieving it would put the UK at increased risk of a new energy crisis.
News
June 28, 2023
The projects, which include Aker BP ASA’s Yggdrasil and Valhall PWP og Fenris in the North Sea, as well as Equinor ASA’s Irpa in the Norwegian Sea, cover 19 new developments, build-outs of existing fields and increased oil-recovery projects, the ministry said in a statement on Wednesday.
