North Sea News

 

PGS' Ramform Vanguard Starts Viking Graben Seismic Survey

May 12, 2020

Norwegian marine seismic acquisition company PGS has begun a new multi-azimuth marine seismic survey in the North Sea, offshore Norway. The industry-funded survey- conducted by seismic vessel Ramform Vanguard - extends the GeoStreamer X area within the Viking Graben by 1160 sq…

Serica Hires WilPhoenix Offshore Rig for Rhum Well

May 12, 2020

Serica Energy has hired Awilco Drilling's WilPhoenix semi-submersible drilling rig for the intervention work on the Rhum-3 ('R3') well in the UK North Sea.The 3rd-Generation, Enhanced Pacesetter, harsh-environment, mid-water, semi-submersible…

IOG Taps Subsea 7 for North Sea Project SURF

May 07, 2020

Offshore installation company Subsea 7 has won a contract by Independent Oil and Gas (IOG) to provide Subsea, Umbilicals, Risers, and Flowlines (SURF) for Phase 1 of IOG's Core Project in the UK Southern North Sea.Subsea 7 will be responsible for the project management…

IOG's North Sea Gas Development Plan Approved

May 04, 2020

UK-focused oil company Independent Oil and Gas (IOG) has informed that its field development plan for Core Project Phase 1 in the UK North Sea has been approved by the UK Oil and Gas Authority.The Core Project comprises gas resources across six discovered UK Southern North Sea ('SNS') gas fields…

Axxis Geo Completes Middle East Survey Work

May 04, 2020

Oslo-listed seismic survey company Axxis Geo Solutions has said it has completed its ocean-bottom nodes (OBN) project in the Middle East.  'The project was completed with strict adherence to COVID-19 safety guidelines and the crew is now demobilizing…

Petrofac Delays North Sea P&A Program. Awilco's Rig on Standby Rate

May 04, 2020

Awilco Drilling has said that it has reached a deal with Petrofac to delay the start of the plug and abandonment works with Awilco's WilPhoenix offshore rig.Awilco in March announced the rig deal with Petrofac Facilities Management for its 1982…

Premier Oil Allowed to Delay Debt Repayment, Raise Equity for BP deal

Apr 29, 2020

A British court on Wednesday approved Premier Oil's plans to extend debt maturities by two years and raise up to $500 million in equity to buy North Sea assets from BP and others, but the deal depends on market conditions, Premier said.Activist hedge fund ARCM…

px Group Buys NRG Well Management

Apr 29, 2020

pX Group, the Stockton-on-Tees-based provider of energy and industrial solutions, has acquired a majority stake in Aberdeen-based NRG Well Management, a provider of well management services to the oil & gas industry.px Group said Wednesday that…

EnQuest to Axe 530 Jobs in UK

Apr 29, 2020

UK oil and gas producer EnQuest is planning workforce reductions in the UK as some of its North Sea fields are expected to cease production, while others will remain shut as part of a recently announced cost-cutting initiative.When it comes to the planned workforce cuts…

Large E&P Firm Shows Interest in Corallian's Offshore Block

Apr 29, 2020

Corallian Energy, with its partners Upland Resources and Baron Oil, has signed a work-sharing agreement with a 'large European E&P company' that might lead to a farm-out of a stake in the offshore license P2478 in the Inner Moray Firth, Scotland…

Serica Expects 6-month Delay for Columbus Offshore Field Start-Up

Apr 23, 2020

UK North Sea oil and gas company Serica Energy expects to see first gas from its Columbus development in late 2021, a six-month delay to what was previously targeted.The Columbus field plan, approved in 2018, envisions the reservoir will be…

Floatel's Rig Charter with Ineos Delayed till 2021

Apr 23, 2020

Offshore accommodation rig provider Floatel International has seen its contract with Ineos FPS delayed.Floatel said Thursday that the two companies have agreed to postpone the charter for the Floatel Victory accommodation unit at the Unity platform in the UK North Sea to April 2021…

'Major' North Sea Deal for Rever Offshore with Perenco

Apr 21, 2020

UK-based Rever Offshore has said it has won 'a major' contract win with Perenco the Southern North Sea.The company said the contract was a multi-million-pound one, but did not provide the exact value.According to Rever Offshore, the award is…

PGS Gears Up for East Shetland 3D Seismic Survey

Apr 20, 2020

Norwegian marine seismic company PGS is gearing up to begin a seismic survey offshore East Shetland, in UKCS waters.PGS said Monday that its vessel Ramform Tethys seismic vessel would start the 3D MultiClient survey in the area 'this week.''The…

Fred. Olsen Offshore Liftboat to Support Thor Wind Farm Seabed Tests

Apr 16, 2020

Fred. Olsen Windcarrier has signed a contract with the Danish firm Geo to supply an offshore liftboat for the preliminary geotechnical investigations for the Thor offshore wind project in the Danish North Sea. Fred. Olsen Windcarrier's liftboat…

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