North Sea News

 

Siccar lines up Cambo field plans

Oct 31, 2017

Siccar Point Energy is moving forward with plans to develop the Cambo field, 125km northwest of Shetland in the UK North Sea.  The development concept will be focused on a two-phase approach, according to Baker Hughes, a GE Company…

Investment needed to move resources to reserves on UKCS

Oct 31, 2017

The UK’s remaining petroleum reserves could sustain offshore production for at least the next 20 years and beyond, if additional undeveloped resources can be matured, says the UK's Oil and Gas Authority’s (OGA).  In a report “UK Oil and Gas: Reserves and Resources…

IOG submits Vulcan satellites FDP

Oct 31, 2017

Independent Oil and Gas (IOG) has submitted the field development plan (FDP) for the Vulcan Satellites hub development in the UK North Sea to the Oil and Gas Authority (OGA). The Vulcan Satellites FDP covers the three 100%-owned and operated Southern North Sea gas fields…

Diamond rigs secure additional work

Oct 30, 2017

Two Diamond Offshore drilling rigs – semisubmersibles Ocean Apex and Ocean Patriot -- have secured contracts for additional work. Woodside Energy extended its contract for Ocean Apex from mid-February 2018 to early April 2018 with an…

Going against the flow

Oct 30, 2017

Record numbers of marine energy devices are generating record amount of power in Scottish Waters, but the sector has been knocked back in its bid for support. Elaine Maslin reports. Timing is everything, they say. For the UK marine energy sector…

Fixing floaters

Oct 30, 2017

Clement Mochet, of Vryhof, discusses ways to bring down the costs associated with floating wind projects. WindFloat project, offshore Portugal. Image from Principle Power. While costs in…

Decom dollars

Oct 30, 2017

More than 700 offshore fields are expected to cease production in the next five years, according to forecasts. Elaine Maslin reports. Two major events appeared to fire the starting gun for the UK’s offshore decommissioning market to take…

Gravitational pull

Oct 30, 2017

Two offshore wind firsts have been achieved this year, both relating to use of gravity-based foundations. Elaine Maslin reports. While gravity-based wind turbines are not new, they’re far from the most common form of foundation for the offshore wind industry…

Sizing up for decom

Oct 30, 2017

As decommissioning gathers pace, the debate around how to make the entire process more efficient – safely – at a reduced cost intensifies. Emma Gordon reports. Are we thinking big enough, or is the challenge smaller than we think? Certainly…

Assessing all options

Oct 30, 2017

As the North Sea enters the decommissioning era, should complete removal remain the default option? And what is the impact of the process on North Sea ecosystems? Emma Gordon reports.  The oil and gas industry must address its knowledge…

Drilling starts on Tambar development project

Oct 25, 2017

Drilling operations have started on the Tambar development project in the producing Tambar field offshore Norway, says partner Faroe Petroleum. The Tambar and Tambar East Unit fields are satellite fields, about 16km southeast of the Ula field in the Norwegian North Sea…

IHS Markit: Downturn reduces deepwater M&A opportunity

Oct 24, 2017

Reduced spending for oil and gas exploration is limiting availability of quality deepwater assets for merger and acquisition (M&A) deals, according to a new report by IHS Markit. This lack of deepwater asset inventory is challenging exploration…

Shell to tie Fram back to Shearwater

Oct 24, 2017

Shell has submitted plans to develop the Fram gas and gas condensate field in the UK North Sea as a subsea tieback to the Shearwater platform.  The project, in Blocks 29/3a, 29/4c, 29/8a, 29/9c in the Central North Sea, had been considered as a standalone development…

Warwick becomes Ardyne chairman

Oct 24, 2017

Ardyne, provider of plug and abandonment and slot recovery technology, has appointed Paul Warwick as non-executive chairman.  Warwick has been a non-executive director of Ardyne since shortly after the launch of the company in 2016. He is also executive chairman of Whalsay Energy…

ION to enhance Orca software with Scottish grant support

Oct 23, 2017

A new US$1.32 million (£1 million) research and development project focussed on cost reduction, increased efficiency and value add for the oil and gas sector has received backing from government agency Scottish Enterprise. US firm ION Geophysical subsidiary…

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