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Equinor drops the idea of Johan Castberg oil terminal project
Dec. 14, 2019

Equinor drops the idea of Johan Castberg oil terminal project

Norwegian energy major, Equinor has dropped the idea of a downscaled ship-to-ship oil transfer terminal for the Johan Castberg field, attributing higher economics as the reason. Equinor undertook a study of ship-to-ship oil transfer from the Barents Sea by a quay in Finnmark county in March 2018. Equinor will now export the oil from Johan Castberg directly to the market. The Johan Castberg is operated by Equinor, where Var Energi and Petoro are partners.

Petrofac and Halliburton join Seapulse-Maersk Drilling exploration pact
Dec. 13, 2019
Source: Energy Voice

Petrofac and Halliburton join Seapulse-Maersk Drilling exploration pact

Oilfield services giants, Halliburton and Petrofac have become the new members of the drilling exploration pact previously between Seapulse and Maersk Drilling. Under the pact, the quartet will carry out work on a “global wells programme”. The alliance will see Petrofac providing well management services, and Halliburton will deliver integrated well services. Maersk Drilling will offer drilling services and subcontracts.

KCA Deutag secures support contract in North Sea
Dec. 3, 2019
Source: World Oil

KCA Deutag secures support contract in North Sea

Oil and gas services firm, KCA Deutag has secured a five-year contract extension from CNRI for three platforms operating in the UK North Sea. The scope of the contract includes the delivery of drilling operations and maintenance services on CNRI’s Ninian South, Ninian Central and Tiffany platforms. CNRI and KCA Deutag have a long history of working together.

Aker Solutions bags a contract for Var Energi
Nov. 28, 2019

Aker Solutions bags a contract for Var Energi

Aker Solutions has been awarded a maintenance and modification services contract by Vår Energi. This contract is for the company's North East assets for three years. “The new contract award shows that our focus on HSSE and delivering top quality services is valued by our clients”, said Aker's Brownfield Projects Executive Vice-President. Vår Energi has signed a similar contract with Apply Sørco for its other assets.

Tyra field monitoring work awarded to Emerson
Nov. 26, 2019

Tyra field monitoring work awarded to Emerson

Emerson Automation Solution has secured the monitoring contract for the Tyra gas field redevelopment project from Total E&P Denmark. Emerson will deploy its wellhead pressure monitoring technology to the gas field in the North Sea, in order to improve safety during the project redevelopment. Total initiated the redevelopment of the facility due to seabed subsidence.

“Clean up your mess”, says Greenpeace flag on Shell’s North Sea platform
Oct. 15, 2019
Source: Reuters

“Clean up your mess”, says Greenpeace flag on Shell’s North Sea platform

In protest against Shell’s plan to abandon parts of the giant structures in place in the British North Sea, Greenpeace activists, yesterday, boarded two Royal Dutch Shell oil platforms in the region. Photographs show two people climbing one of the giant, rusty structures and unfurling a banner which read “Clean up your mess, Shell!”. The British supermajor is currently looking for Governmental approval to abandon the steel legs of the platforms.

Neptune Energy extends North Sea asset portfolio with new acquisition
Oct. 15, 2019
Source: World Oil

Neptune Energy extends North Sea asset portfolio with new acquisition

British E&P firm, Neptune Energy has inked a conditional SPA with Energean Oil and Gas to acquire the production, development and exploration assets of Edison E&P in UK and Norwegian North Sea. The agreement is conditioned on the proposed acquisition of Edison E&P by Energean. If successful, the deal will provide Neptune with an estimated 30 MMboe of 2P reserves, apart from material growth in contingent resources, and near-term production.

Ancala wins multi-billion pound contract
Sept. 6, 2019
Source: Energy Voice

Ancala wins multi-billion pound contract

Ancala Midstream has won a multi-billion pound contract for Zennor Petroleum’s Finlaggan field in the North Sea. This deal will enable Ancala to process gas through its Scottish Area Gas Evacuation (SAGE) terminal in St Fergus near Peterhead. The first production is expected in the fourth quarter of 2020. Ancala's CEO said, "We are delighted to have secured this long-term contract to provide processing services to the Finlaggan field".

Serica adopts Restrata
Sept. 5, 2019
Source: World Oil

Serica adopts Restrata

Restrata Platform is a system for real-time monitoring of people and assets. Serica Energy has signed a deal to adopt this platform for Bruce asset in the UK Northern North Sea. CEO of the company said, “Our team will work with Restrata to commence the roll out of the technology and integrate our operating procedures, specific to Bruce".

Equinor concludes Lundin stake sale
Sept. 3, 2019

Equinor concludes Lundin stake sale

Norwegian energy major, Equinor has informed about concluding the divestment of its 16% stakes in Lundin Petroleum. First announced in July 2019, the divestment will give Equinor a 2.6% direct ownership share in Johan Sverdrup oilfield. Equinor, which gained $650m out of the deal, will continue to retain a 4.9% stake in Lundin.

Maersk Drilling lands £6.2m North Sea well appraisal contract
Sept. 3, 2019
Source: Energy Voice

Maersk Drilling lands £6.2m North Sea well appraisal contract

Danish drilling major, Maersk Drilling has secured a £6.2million contract to carry out drilling activities for an appraisal well at a central North Sea field. Maersk will perform drilling at the Birgitta field for Oman-based Petrogas. With an additional 20-day option, the contract is projected to commence in March 2020 for an expected 70 days.

FMS lands BP’s North Sea mooring contract
Aug. 23, 2019
Source: World Oil

FMS lands BP’s North Sea mooring contract

Oil supermajor, BP has awarded a three-year contract to the Aberdeen-based FMS for the provision of mooring equipment for North Sea operations. FMS is a leading independent supplier of mooring equipment. MD at the firm, Steven Brown, said, “This award demonstrates our capability and capacity to support the mooring equipment requirements for one of the leading operators in the UKCS.”

Equinor discovers light oil in Barents Sea
Aug. 21, 2019

Equinor discovers light oil in Barents Sea

Norwegian energy major, Equinor yesterday reported a light oil discovery in the Sputnik exploration well in the Barents Sea. The recoverable resources from the discovery has been estimated to be approximately 20-65 million barrels of oil (MMbbl). The Sputnik well was drilled in the PL855 licence, situated about 30 km northeast of the Wisting discovery. The PL855 licence is operated by Equinor, where OMV and Petoro are partners.

IOG to farm out Southern North Sea assets to CalEnergy
July 30, 2019

IOG to farm out Southern North Sea assets to CalEnergy

Independent Oil and Gas (IOG) has inked agreements to sell out half of its assets in the Southern North Sea to CalEnergy Resources (CER). The UK-based firm will let go of upstream assets, excluding the Harvey licenses, and the Thames Pipeline and associated Thames Reception Facilities. IOG and CER will also pursue development prospects in the Thames Pipeline on an equal ratio basis.

Total to farm out £4billion of assets following North Sea deal
July 26, 2019
Source: Energy Voice

Total to farm out £4billion of assets following North Sea deal

French energy giant, Total has revealed plans of farming out North Sea assets worth £4billion in the current financial year. The asset farm-out news comes tailing a £510m-sale of a UK North Sea mature field package to Petrogas in July. The supermajor said that the divestment strategy is in line with Total’s goals of growing in the LNG market, and will stress on the sales in the exploration and production.

TechnipFMC bags North Sea EPCI contract
July 23, 2019
Source: Energy Voice

TechnipFMC bags North Sea EPCI contract

Neptune Energy and BP have awarded Seagull development contract to TechnipFMC. Seagull North Sea development is a 50 million barrel project. Under the scope of this deal, the EPC giant will provide engineering, procurement, construction and installation (EPCI) services in a Target Cost contract. The offshore construction campaign is slated for commencement in the second quarter of 2020.

Scotland trying to boost its share of North Sea decommissioning work
July 17, 2019
Source: Energy Voice

Scotland trying to boost its share of North Sea decommissioning work

In an attempt to increase its share of North Sea decommissioning work, Scotland has raised funding worth £4 million. In the fourth round of Decommissioning Challenge Fund, the nation gained a higher share of the £15.3bn forecast. Energy Minister said, "Decommissioning North Sea infrastructure will help Scotland’s supply chain gain an even higher share of North Sea projects and capitalise global market opportunities by exporting knowledge and experience".

Neptune Energy to assist in creating the first offshore hydrogen plant in North Sea
July 6, 2019
Source: Energy Voice

Neptune Energy to assist in creating the first offshore hydrogen plant in North Sea

Neptune Energy has been chosen to assist in creating the first offshore hydrogen plant in the Dutch North Sea. The pilot project will aim at generating hydrogen through a megawatt electrolyser, to be installed at Neptune’s Q13a platform. The hydrogen formed will then be used to generate electricity to power the nearby Taqa-operated platform. The Q13a is the first platform in the Dutch North Sea to become fully electrified.

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