Western Europe
News
June 08, 2023
The Tyrving development will utilize the planned extended lifetime for the Alvheim field, increase production and reduce both unit costs and CO2 per bbl.
News
June 05, 2023
The Storting, Norway’s legislative body, has approved Aker BP's plans for development and operation of the Yggdrasil area and Fenris, as well as further development of Valhall.
News
June 05, 2023
The Labour proposals to ban all new North Sea oil and gas licenses are “naive” and would create a “cliff edge” for the industry that will hit jobs, GMB union General Secretary Gary Smith told Sky News on Sunday.
News
May 24, 2023
Johan Sverdrup produces at some of the lowest CO2 emissions of any oil field in the world at 80-90 % lower than the global average.
News
May 23, 2023
The multi-year decommissioning contract, valued at more than $20 million, will utilize Expro’s Subsea Well Access technology with a combination of open-water and in-riser applications deployed from a semi-submersible rig.
News
May 15, 2023
Offshore Energies UK said gas and oil production was indeed in long-term decline. However, the North Sea and other UK waters still contained enough gas and oil to support much of the nation’s needs during the three decades it will take to reach net zero.
News
May 11, 2023
PGS has entered into a seismic acquisition contract for carbon storage offshore Norway by an independent energy company. The project is scheduled to start in September and has a duration of approximately one month.
News
May 10, 2023
“It makes absolutely no sense to not invest in the resources we have here at home, to import foreign fossil fuels, not create jobs here and import them at twice the carbon emissions as our local resources,” Prime Minister Sunak told lawmakers in weekly questions in the House of Commons on Wednesday.
News
May 09, 2023
Michael Tholen, Director of Policy and Sustainability for Offshore Energies UK, said, “Deep beneath our waters lies a treasure trove of carbon capture business opportunities. An accurate map of the UK’s potential for this innovative sector will help to nurture a new wave of businesses and jobs."
News
May 05, 2023
The venture has been on ice since late 2021, when the energy major said the economic case for the project had weakened.
News
May 03, 2023
Estimated to hold more than 60% of Norway’s undiscovered hydrocarbon resources, the Barents Sea has long been seen as the future of the country’s oil and gas industry. But exploration successes have been few and far between and the lack of infrastructure has made development difficult.
News
May 01, 2023
The development consists of two subsea templates tied back to the Equinor-operated Njord A platform. A 36 km electrically trace-heated (ETH) pipe-in-pipe solution transports oil from the Fenja field to the platform for processing and transport.
News
April 28, 2023
The firm term of the contract is two wells approximating to 270 days. The contract value for the firm period excluding certain integrated services is approximately $61 million.
News
April 27, 2023
The new well is expected to produce approximately 4,000 boed, enough gas to heat approximately 200,000 UK homes. Together with the 10th well which started up earlier this year, the Cygnus facility is expected to produce enough gas per day to meet the needs of around 1.9 million UK households.
News
April 26, 2023
Norway is now Europe’s biggest supplier of natural gas after the outbreak of the war in Ukraine, and its petroleum producers are keen for new acreage in the Barents to offset an expected decline in output in a few years.
News
April 18, 2023
“This additional supply is crucial to the UK’s energy security and reduces our reliance on imports as we transition to net zero," said OEUK’s market intelligence manager Ross Dornan.
News
April 18, 2023
Substantial modifications were made to the Haewene Brim floating production, storage and offloading vessel (FPSO), which is used to produce hydrocarbons at the Pierce field. A new subsea gas export line was also installed, connecting to the SEGAL pipeline system, which brings gas ashore at St Fergus, north of Aberdeen.
News
April 08, 2023
The strikes put the UK’s production of oil and natural gas at risk just as Europe tries to pivot away from a dependency on Russian supplies, which are being throttled by Moscow in the wake of the invasion of Ukraine.
News
April 05, 2023
In a statement, the oil and gas producer said it is “working hard to mitigate the impact” of the workforce reduction with recruitment freezes and a voluntary redundancy scheme.
News
April 03, 2023
The action will affect production platforms operated by Shell Plc and Harbour Energy Plc, the union said in an emailed statement.
News
March 31, 2023
Norway has the largest underground storage potential in Europe and can play a key role in efforts to achieve climate targets when efficiently linked to continental European emitters.
