Western Europe
News
March 26, 2024
Right across the UK, the existing oil and gas supply chain already has 60%-80% of the capabilities needed to develop these new energy technologies. But current policy and political rhetoric present serious challenges to these firms’ ambitions to scale up and seize these opportunities.
News
March 25, 2024
The Norwegian Offshore Directorate announced that it has granted Aker BP a drilling permit for exploration well 24/6-5 in production license 203 in Norwegian North Sea.
News
March 22, 2024
At plateau, the Tyra hub will produce 5.7 MMcmg and 22,000 bopd, once again making Denmark self-sufficient and a net exporter of natural gas.
News
March 21, 2024
Heisenberg, a new shallow play in the northern part of the Norwegian North Sea, is now estimated to hold recoverable volumes in the range of 24 to 56 MMboe.
News
March 19, 2024
ASCO will leverage its service lines from quayside operations, materials management, ship agency, road transport, aviation and environmental services including Naturally Occurring Radioactive Material (NORM).
News
March 14, 2024
Archer AS, KCA Deutag Drilling Norway AS and Odfjell Operations AS will deliver drilling, completion, intervention services, plugging, maintenance and modification services on 19 of Equinor’s fixed installations.
News
March 13, 2024
The joint venture between Harbour Energy, Aker BP and Sval Energi confirmed a natural gas discovery in well 15/9-25 in the North Sea.
News
March 12, 2024
Perenco UK announced a decommissioning milestone with the successful completion of the plug & abandonment of three subsea wells at the Gawain field in the UK Southern North Sea, including the removal of the associated subsea infrastructure.
News
March 11, 2024
NEO Energy is one of a handful of newcomers to the UK North Sea that in recent years has swept up oil and gas assets, in particular those from majors who have left the aging basin to pursue higher returns elsewhere.
News
March 07, 2024
The Chancellor’s plan to continue the tax undermines OEUK’s manifesto proposals for a homegrown energy transition intended to boost domestic energy investment and drive the shift to greater production of wind and hydrogen energy, alongside the introduction of large-scale UK carbon capture and storage facilities.
News
March 06, 2024
The windfall tax has been heavily criticized by the North Sea oil and gas producers for disproportionately impacting smaller companies. While Russia’s war in Ukraine help push up profits for energy giants such as bp Plc and Shell Plc, the bulk of those earnings come from operations outside of the UK and therefore aren’t taxed in Britain.
News
March 05, 2024
During Q4 2023, the deviated well 42/30-C06 was drilled and completed with the Valaris-247 rig in 48 m water depth, delivering an estimated reserve addition of around 20 Bcf to 40 Bcf from a previously undrilled block at the North-Eastern edge of the Ravenspurn South field.
News
March 04, 2024
Following the completion of the well, the estimated recoverable volumes for the Adriana discovery have been revised upwards, from an initial 19-31 MMboe to a new estimate of 28-43 MMboe.
News
February 28, 2024
DeepOcean’s scope of work includes pipeline inspections, seabed mapping, ad-hoc pipeline survey and light construction work. The agreement is valid for 2024.
News
February 28, 2024
Eldfisk Nord is an installation consisting of two seabed templates for production and one for water injection – a total of nine production wells and five injection wells. Production start-up is expected during the first quarter.
News
February 27, 2024
Authorities have consented to the start-up of production on the Hanz accumulation on the Ivar Aasen field in the North Sea. The development solution involves reusing the subsea installations on the Jette field, which was shut down in 2016.
News
February 26, 2024
The transaction allows Serica the option to participate in the re-development of the Buchan field (formally re-named “Buchan Horst”) and other potential projects in the GBA, such as the development of the J2 and Verbier discoveries.
News
February 21, 2024
AGR will offer services such as blowout contingency planning, well control emergency response, casing magnetization service, and general transient flow analyses.
News
February 20, 2024
This year’s report will reveal the key business opportunities for supply chain companies across the country – highlighting where UK manufacturers already have the key strengths and expertise to scale up solutions like offshore wind, hydrogen, and carbon capture.
News
February 15, 2024
Ithaca reported an estimated 2023 net Rosebank capital spend of $97 million, in line with management guidance of $90 - $110 million. This reflects the meaningful activity in 2023 as project activity ramps up to support a targeted first oil date in 2026/27.
News
February 15, 2024
The higher estimate for 2024 offshore spending reflects greater investment in “fields on stream, field development and pipeline transportation,” the statistics office said. “Markedly higher” spending on field development contributed to a 22% increase in investment in 2023 compared with 2022.
