North Sea News

 

UK North Sea: Sparrows Offshore Workers to Strike Over Pay. 'Dozens' of Platforms and Operators Impacted, Unite Says

Apr 03, 2023

Around 150 Sparrows Offshore Services contractors on offshore facilities in the UK will start strike action in a dispute over pay from Wednesday, April 5, workers' union Unite said Monday.'Dozens of platforms and operators to be hit including Shell and Harbour Energy…

South Africa's Ultimate Aviation Expands into Europe with Acquisition of Offshore Helicopter Services

Apr 03, 2023

South Africa-based Ultimate Aviation has acquired North Sea helicopter services provider Offshore Helicopter Services.OHS UK was previously acquired by CHC from FTSE 250 company Babcock International Group plc in 2021, along with Babcock’s offshore oil and gas operations in Denmark and Australia…

Jersey Oil & Gas in Exclusive Talks Over Greater Buchan Area Farm-out

Mar 31, 2023

UK North Sea-focused oil and gas company Jersey Oil & Gas said Friday it was in advanced exclusive negotiations with a significant UK North Sea operator over a farm-out of its interest in the Greater Buchan Alpha offshore licenses.Jersey Oil…

UK Shortlists BP, Equinor Low-carbon Gas Power Project for Support

Mar 31, 2023

Britain shortlisted for state support a project by BP BP.L and Equinor to build a large-scale gas power plant with carbon capture and storage (CCS), the government's latest selection round showed on Thursday.The British government has shortlisted…

Norway Offers New Exploration Licenses for CO2 Storage in North Sea

Mar 31, 2023

The Norwegian Ministry of Petroleum and Energy on Friday offered two new exploration licenses related to CO2 storage on the Norwegian continental shelf in the North Sea.The two exploration licenses offered are located in the southern part of the North Sea…

Unnamed Client Chooses Odfjell Drilling's Deepsea Atlantic Rig for North Sea Operations

Mar 31, 2023

Norwegian offshore drilling firm Odfjell Drilling said Friday it had signed two letters of intent with an unnamed client for the use of Odfjell's Deepsea Atlantic semi-submersible drilling rig in the North Sea region.The LOIs have a combined…

UK Sets Out Energy Plans, Critics Bemoan Lack of Clean Tech Boost

Mar 30, 2023

Britain set out plans to boost energy security and tackle emissions on Thursday, but critics said a lack of new investment and incentives meant it failed to provide any new boost for the country's green energy sector.Britain's net zero start…

TenneT Awards $25B in Contracts to Build North Sea-to-shore connections

Mar 30, 2023

Dutch state-owned electric grid company TenneT has awarded 11 contracts worth a combined 23 billion euros ($25 billion) to build systems connecting wind farms in the North Sea to shore, it said on Thursday. The contracts are being awarded to consortia led by Hitachi Energy and by General Electric…

Equinor Secures Drilling Consent for Litago and Eggen Prospects in North Sea

Mar 28, 2023

Norwegian offshore oil and gas safety regulator the Petroleum Safety Authority Norway (PSA) has given Equinor consent for exploration drilling in block 31/2 in the North Sea.The consent is related to the well well 31/2-24 (top hole), and well…

UK Oil, Gas Firms to Leave Year's Worth of Output in Ground with Tax Hikes

Mar 28, 2023

Windfall taxes mean oil and gas producers in the British North Sea will likely leave 500 million barrels of oil equivalent in the ground over the next decade, the equivalent of one year's output in the aging basin, industry group OEUK said on Tuesday…

Crown Estate Scotland Selects 13 Offshore Wind Projects to Decarbonize Oil Platforms

Mar 24, 2023

Crown Estate Scotland has announced the results of the world’s first leasing round designed to enable offshore wind energy to supply offshore oil and gas platforms directly.  Thirteen projects have been offered exclusivity agreements.INTOG (Innovation…

Angulata Brent: Equinor Drills Dry Well Offshore Norway

Mar 24, 2023

Norwegian oil and gas company Equinor Energy has drilled a dry well in the North Sea, offshore Norway, the Norwegian Petroleum Directorate has informed.The wildcat well 34/6-6 S - prospect name Angulata Brent - was drilled about 10 kilometres north of the Visund field…

Capricorn Energy to Cut Jobs in UK

Mar 24, 2023

Oil and gas producer Capricorn Energy CNE.L said on Thursday it would cut three fourths of its UK staff to keep less than 40 employees there as the oil and gas producer focuses on its Egypt operations. Capricorn told Reuters that the consultation…

Serica Energy Completes Acquisition of Tailwind Energy

Mar 23, 2023

UK-based oil and gas company Serica Energy said Thursday it had completed the acquisition of Tailwind Energy and that admission of the completion consideration shares to trading on AIM has occurred.Serica said in December 2020 it would acquire Tailwind…

UK Oil Firm Faces Scrutiny, Penalty over Failure to Shoot Seismic Survey

Mar 21, 2023

The UK offshore oil and gas regulator North Sea Transition Authority (NSTA) is investigating an unnamed oil company for possibly failing to meet licence commitments designed to stimulate activity, in support of the UK’s energy security.The North…

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