UK/UKCS
News
January 17, 2017
Activity was low on the UKCS in 2016 as companies were in full survival mode during the oil price downturn and added Brexit uncertainty. However, there was a change of pace towards the end of the year, with the rise in oil price and larger deals signalling a return of confidence.
News
January 17, 2017
The plan for development and operation for Utgard and Byrding fields in the North Sea has been approved by the authorities.
News
January 17, 2017
North Atlantic Drilling has been awarded a one-well contract for the West Phoenix semisubmersible for work in the United Kingdom West of Shetland.
News
January 16, 2017
Orbital Gas Systems has been awarded contracts for integration natural gas analysis and metering infrastructure totaling $1.75 million, by a client operating several large-scale manufacturing plants throughout Europe.
News
January 12, 2017
Faroe Petroleum has announced the commencement of the Eni-operated Boné exploration well, 7318/12-1, in the Barents Sea.
News
January 05, 2017
GEODynamics acquired Paradigm GeoKey’s Aberdeen, Scotland-based perforating business unit on Jan. 1, 2017. As a result of the transaction, GEODynamics has established a UK operating company. Chris Chalker, former managing director of Paradigm GeoKey, has joined the GEODynamics team as vice president, Eastern Hemisphere and will be based in Aberdeen to manage and grow GEODynamics’ business throughout the region.
News
June 03, 2016
Statoil has agreed to acquire JX Nippon’s 45% equity share in, and operatorship of, the UK license for Utgard field.
News
November 19, 2015
UK engineering solutions provider Costain has been instrumental in helping Ithaca Energy save millions, thanks to its sound management of subsea contracts in the operator’s Greater Stella Area (GSA) Development in the central North Sea.
News
November 11, 2015
Oil & Gas UK has published two documents to help operators and contractors plan and execute decommissioning activities more efficiently.
News
November 06, 2015
Faroe Petroleum has completed the acquisition of Roc Oil (GB Holdings) Ltd., which holds a 12.5006% interest in the Blane unit in the UK North Sea and a 12.00% interest in the Enoch unit in the UK North Sea.
News
November 06, 2015
Faced with the collapse in oil prices, the two dominant North Sea producers are taking opposite approaches to bolster dwindling investment: The UK is offering carrots, while Norway is wielding a stick.
News
November 04, 2015
Apache Corp. announced a significant milestone at its Forties field in celebration of 40 years since oil was first produced from Forties Alpha and transported, via the Forties Pipeline System, to the onshore terminal at Cruden Bay, UK.
News
November 04, 2015
Petrofac, Faroe Petroleum and Eni Hewett have established an innovative cost saving partnership to drive efficiencies and commercial synergies across their UK operations in the Southern North Sea.
News
October 30, 2015
Apache Corp. has announced significant discoveries on two exploration wells in the Beryl area of the UK North Sea. The company also drilled two significant development wells in the Beryl area, from which no reserves have been previously booked.
News
October 21, 2015
BP Plc agreed to supply liquefied natural gas to China Huadian Corp. in a deal worth as much as $10 billion over two decades.
News
October 21, 2015
Oil & Gas UK publishes the second issue of its guidelines on the qualification of materials for the abandonment of wells.
News
October 19, 2015
Aqualis Offshore UK Ltd has joined Decom North Sea (DNS) – the industry trade body to promote decommissioning and reuse opportunities throughout the supply chain.
News
October 15, 2015
Archer (UK) Limited has won a three-year contract, with two times two-year extension options, for the provision of platform drilling services for Talisman Sinopec Energy UK Limited.
News
October 13, 2015
Oilfield services firm RMEC has completed a significant expansion to its premises in response to the growing demand from oil and gas companies looking to rent equipment rather than purchase costly kit.
News
October 12, 2015
INEOS has agreed to acquire a strong portfolio of natural gas assets in the North Sea from a UK subsidiary of DEA Deutsche Erdoel AG, which is part of the LetterOne Group.
News
October 06, 2015
Royal Dutch Shell Plc is “pulling out all the stops” to safeguard its dividend in a world where oil prices remain “lower for longer,” CEO Ben Van Beurden said.
