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ørsted-to-develop-renewable-hydrogen-plant
April 1, 2021
Source: Energy Global

ørsted-to-develop-renewable-hydrogen-plant

Ørsted is set to develop one of the world’s largest renewable hydrogen plants to be linked to industrial demand in the Netherlands and Belgium. 'SeaH2Land' is an ambitious vision, linking gigawatt-scale electrolysis to the large industrial demand in the Dutch-Flemish North Sea Port cluster through an envisaged regional cross-border pipeline. The green electricity required to produce the renewable hydrogen is proposed to come from the build-out of additional large-scale offshore wind.

UK seeks to drill more oil and gas from North Sea
March 25, 2021
Source: BBC News

UK seeks to drill more oil and gas from North Sea

This will include up to £10bn for hydrogen production and £3bn for a technology called carbon capture, usage and storage - where carbon emissions are either turned into other products such as plastics or buried.The government says the deal should cut pollution by up to 60 million tonnes by 2030, while also supporting up to 40,000 jobs across the supply chain.

New Private Firm Likely to Keep Stake in Mexico Oilfield
March 19, 2021
Source: Rigzone

New Private Firm Likely to Keep Stake in Mexico Oilfield

(Bloomberg) -- A new company soon to be created by Chrysaor Holdings Ltd and Premier Oil Plc will likely retain its stake in the giant Zama oil development in Mexico, reversing an earlier decision by the indebted North Sea driller to exit the project.

North Sea oil and gas groups cut investment by £3bn
March 16, 2021
Source: Financial Times

North Sea oil and gas groups cut investment by £3bn

Spending by oil and gas companies operating in the UK North Sea fell to the lowest levels since 2004 last year as they concentrated on preserving cash during the pandemic, while production from the more than half a century-old basin has re-entered “longer-term” decline.

Premier Oil to rejoin UK offshore just in time for oil price surge
Feb. 24, 2021
Source: world oil

Premier Oil to rejoin UK offshore just in time for oil price surge

Premier Oil Plc, indebted North Sea driller being swallowed by Chrysaor Holdings Ltd., will re-emerge as largest independent oil and gas producer among UK stocks just as global crude market roars back. Harbour’s president will be Phil Kirk, who founded Chrysaor in 2007 with help from Barclays Plc and a U.S. private equity fund. Chrysaor buying assets from Royal Dutch Shell Plc, and after further acquisitions has become the No. 1 oil and gas producer in Britain.

A landmark decision from Danish Parliament
Dec. 5, 2020

A landmark decision from Danish Parliament

A big decision comes the industry's way as Denmark decides to retire from the North Sea. On Thursday, the Danish Parliament voted in favour of ending the offshore oil and gas extraction. The nation has cancelled it's latest licensing round, saying the country is "now putting an end to the fossil fuel era". Currently, one-third of Denmark's electricity production derives from wind turbines.

Ithaca Energy's Jacky Installation goes 100% renewable
Aug. 18, 2020
Source: Energy Voice

Ithaca Energy's Jacky Installation goes 100% renewable

One of Ithaca Energy's offshore platforms in the North sea has become 100% powered by renewable energy. Ithaca’s Jacky installation is now fully powered by wind and solar energy. Jacky would now have relatively low emissions compared to larger assets in the North Sea. However, now more operators seek to reduce emissions through green energy and electrification of their platforms.

NEO Energy officially takes over Total's UK North Sea fields
Aug. 5, 2020

NEO Energy officially takes over Total's UK North Sea fields

Norway-based private equity company HitecVision-backed NEO Energy has completed the acquisition of UK North Sea assets from Total Oil UK and Total E&P North Sea UK. The acquisition included a portfolio of operated and non-operated assets. The transaction comprises a material and cash generative portfolio of assets in four producing areas of the UK North Sea. It adds production of approximately 23,000 boepd and reserves of 51 MMboe to Neo Energy’s portfolio.

Neptune Energy makes major oil discovery at Dugong in North Sea
Aug. 5, 2020
Source: Reuters

Neptune Energy makes major oil discovery at Dugong in North Sea

Britain’s Neptune Energy and its partners have discovered oil at a jointly owned drilling license in the Norwegian part of the North Sea, and will now consider options for how to develop the find. The Dugong well is estimated to contain between 40 million and 120 million barrels of oil equivalent, making it the largest find off Norway so far this year.

Heerema performs record breaking single lift jacket removal
July 22, 2020

Heerema performs record breaking single lift jacket removal

Heerema, a major marine contractor based in Leiden, the Netherlands, has broken the record for the largest single lift jacket removal. Heerema’s semi-submersible crane vessel Sleipnir successfully removed the 8,100-tonne Jotun-B jacket in the Norwegian North Sea for client Vår Energi. The project was completed on Thursday, July 16 and the jacket was offloaded onto the quayside of the decommissioning site in Vats, AF Miljøbase. The removal was completed in four days.

Fugro lands subsea inspection work from Neptune Energy
July 3, 2020

Fugro lands subsea inspection work from Neptune Energy

Geo-data specialist Fugro has bagged a subsea inspection contract from UK-based offshore operator, Neptune Energy for its Cygnus gas field in the North Sea. Under the scope of the contract, Fugro will utilize its advanced remote monitoring technology to survey subsea structures present at the Cygnus gas field. The field is operated by Neptune Energy (38.75% stakes) where Spirit Energy is a partner (61.25% stakes).

UK O&G sector commits to halve operational emissions by next decade
June 17, 2020

UK O&G sector commits to halve operational emissions by next decade

The UK’s offshore oil and gas sector has announced plans to cut half of its emissions over the next decade. The latest move comes as the fossil fuel sector in the country aims to transition to a net-zero emissions basin by 2050, as part of its commitment to address climate change and help decarbonize the global economy.

Shearwater awarded fourth forties field 4D survey by Apache
May 19, 2020

Shearwater awarded fourth forties field 4D survey by Apache

Shearwater GeoServices Holding AS (‘Shearwater’) is pleased to announce the award by Apache of a 4D seismic survey with 3D extension over the Forties Field in the UK North Sea. The one-and-a-half-month project will be conducted by the Amazon Warrior starting in Q2 2020. In January, Shearwater announced multiple 4D surveys to be performed in the 2020 North Sea season.

Neptune Energy carries out "world's first" dual drilling subsea operation
May 14, 2020
Source: World Oil

Neptune Energy carries out "world's first" dual drilling subsea operation

Neptune Energy has conducted what is reportedly the “world’s first” dual drilling operation from an integrated subsea template structure at the Fenja field in the Norwegian North Sea. Neptune teams maximized the full capabilities of Seadrill’s West Phoenix drilling rig to drill two wellbores at the same time. This is a monumental step and can be adopted as a standard practice in the future.

Neptune Energy to rope in Gasuine on PosHYdon project
April 22, 2020

Neptune Energy to rope in Gasuine on PosHYdon project

UK-based offshore operator Neptune Energy is all set to rope in Dutch energy infrastructure firm, Gasunie on the PosHYdon green hydrogen project. Claimed to be the world’s first offshore green hydrogen pilot, PosHYdon will be developed in the Dutch region of the North Sea. The project is engineered to combine energy generated from offshore gas, offshore wind, and offshore hydrogen in the Dutch North Sea.

Island Offshore lands work in Barents Sea
April 10, 2020

Island Offshore lands work in Barents Sea

Subsea contractor, Ocean Installer has contracted Island Offshore's Island Victory deep-water installation vessel for work in the Barents Sea. The vessel will carry out development programmes on Askeladd and Johan Castberg fields, owned by Equinor. The work at Askeladd field includes the installation of subsea manifolds, apart from conducting surveys and other subsea activity. At Johan Castberg, the work includes the installation of a mooring system including suction anchors and chain.

North Sea offshore platforms drop 40% staff
March 30, 2020

North Sea offshore platforms drop 40% staff

With coronavirus outbreak worsening every passing day, UK trade body Oil and Gas UK (OGUK) has now released figures indicating a 40% drop in the staff across North Sea offshore installations since the start of the outbreak. While over 11,500 normally operate on North Sea installations, the number has dropped to 7,000 workers. OGUK had said in a briefing last week that companies were negating coronavirus risks by bringing staff down.

Worker on Taqa's Tern Alpha platform isolated over suspected coronavirus infection
Feb. 15, 2020
Source: BBC

Worker on Taqa's Tern Alpha platform isolated over suspected coronavirus infection

A worker on Taqa's North Sea platform was quarantined for suspected infection to coronavirus. The worker was deployed on Taqa's Tern Alpha platform, offshore Shetland, and had recently returned from a holiday in Thailand. The energy company informed that the worker is currently kept under isolation. Taqa said: "A member of crew on board our Tern Alpha platform has presented with minor symptoms after returning recently from a holiday in Thailand."

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