News
April 23, 2024
The combination will immediately create an enlarged and stronger combined group with 2024 production greater than 100,000 boed and the underlying potential to organically grow to 150,000 boed by the early 2030s.
News
April 22, 2024
Hanz was discovered in 1997. After the delivery of the Plan for Development and Operation (PDO) for the Ivar Aasen area, which included the Hanz development, the project matured an optimized development solution by re-using subsea production systems (SPS) from the Jette field. It is the first time that production equipment has been re-used in a new field development on the NCS.
News
April 17, 2024
The latest Ringhorne North exploration well in PL 956 was successful with estimated recoverable resources of between 13 and 23 MMbbl of oil.
News
April 16, 2024
Once completed, the N05-A Platform will be the first electrified gas production platform in the North Sea, which will run entirely on offshore renewable energy from the nearby Riffgat offshore wind farm.
News
April 11, 2024
BlueNord, on behalf of its partners in the Danish Underground Consortium, announced that gas processing and export from the Tyra Satellite Herald field on the Danish Continental Shelf has begun.
News
April 10, 2024
At the end of Q1 2024, Electromagnetic Geoservices had one vessel on charter, the Atlantic Guardian. The Atlantic Guardian was taken out of warm stack on Feb. 29, 2024, and began mobilization for a fully prefunded multi-client survey in the North Sea.
News
April 10, 2024
A subsidiary of Shelf Drilling (North Sea), Ltd. has secured a contract extension for the Shelf Drilling Barsk jack-up rig with Equinor for operations at the Gudrun field in the Norwegian Continental Shelf.
News
April 08, 2024
The field is expected to come on stream during the first half of 2027 and is anticipated to operate until 2031 with potential for extension. Plateau oil production is estimated at around 26,000 boed and is expected within the first year of production.
News
April 04, 2024
All installations on the Utsira High are now receiving power from shore, saving emissions amounting to about 1.2 million tonnes of CO₂ per year.
News
April 04, 2024
For work in the offshore oil and gas industry, the frame agreement covers planned or unplanned marine services using remote operated intervention methods with or without the use of PRS equipment.
News
April 02, 2024
The scope under the frame agreement covers the majority of AGR’s services within the entire petroleum asset lifecycle, including reservoir and well management, well control and blowout contingency, operations geologists, and resourcing.
News
April 01, 2024
The scope of work on Åsgard A covers the recovery of two risers, installation of one new riser and flexible jumper and engineering, procurement, and installation of GRP Covers to protect the jumper. Offshore operations are schedule for fall 2024.
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.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.