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 North Sea

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updated Tue. May 30, 2017

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Bibby Offshore has been awarded a "significant" contract for subsea construction works in TAQA's Eider field, located 184km north-east of Shetland.
London, May 26 (Reuters) - Forties crude differentials eased on Friday, mirroring weakness in the futures market with little in the way of buyers in physical ...
police are hunting for a man who has absconded from North Sea Camp open prison. Nicky Ward, 36, has been missing from the open prison near Boston since the evening of Wednesday, May 24.
"Given the steady rise of imported versus domestic gas in the UK over the last decade and the country's dependency on gas for power, industry and heating, the maximizing of gas resources in the North Sea makes strategic sense and will help deliver ...
... to passengers. Daily deck watches are held where common sightings include harbour porpoises, minke whales and white beaked dolphins, making the North Sea home to one of the most diverse range of species in European waters surveyed by ORCA.
North Yorkshire-based software developer Swinton technology is helping develop a project to generate 100 million barrels of additional oil reserves from the North Sea. Malton-headquartered Swinton is a supplier of oil and gas metering and control ...
The contango in the physical North Sea market has widened since the start of the week, as rates for prompt-loading barrels have fallen to two-week lows from their highest in nearly nine months, on account of a persistently large amount of surplus oil ...
Statoil has secured approval from the Norwegian petroleum Directorate (NPD) to start production from the Gina Krog field in the North Sea. The company operating the field intends to start production from June this year. The field includes a production ...
London - EnQuest is on track to achieve first oil from the Kraken field in the UK northern North Sea before the end of June, according to CEO Amjad Bseisu.
ABERDEEN, UK - Odfjell's semisubmersible Deepsea Bergen has spudded the Faroe petroleum-operated Brasse appraisal well 31/7-2S in the Norwegian North Sea. The main wellbore of last July's discovery well encountered an 18-m (59-ft) gross gas ...
BP says its North Sea operations 'have returned to growth' with first oil from the Quad 204 project on the Schiehallion field.
"Brasse is one of Faroe's most significant discoveries to date, and was the largest discovery in the Norwegian North Sea in 2016. Brasse is set to become a key project for us, and underlines our ability to continue to add significant value through low ...
A combination of strong demand for physical North Sea crude and expectations that OPEC will extend its existing supply deal have helped push up the price of prompt-loading cargoes.
The gas detection alarm was set off on Friday morning on the Brent Charlie platform, causing all non-essential workers to be evacuated.
London, May 22 (Reuters) - North Sea Forties crude differentials rose on Monday, supported by healthy bidding for early June-loading cargoes, while the market remained in backwardation, suggesting any overhang may well have cleared up for now.
Shell has suspended production on its last remaining platform in the Brent North Sea oil field because of a gas leak. Thirty-one non-essential staff were ...
The oil company Shell has said it shut down a platform in the North Sea after a gas leak. The leak was detected on Friday on the Brent Charlie platform, 115 miles north-east of Shetland.
London, May 19 (Reuters) - The Forties differential firmed on Friday, reflecting tighter global availabilities of sour grades as OPEC and non-OPEC cuts have been mainly on sour.
Edinburgh-based Cairn Energy PLC has announced the results of another successful appraisal well offshore Senegal. Chief executive Simon Thomson told shareholders at the company's AGM on Friday that rig performance continues to be excellent and ...
shipping data this week shows at least 5.5 million barrels of North Sea crude will head to the east coast of the United States over the coming weeks.
The North Sea produces Brent and three other crudes - Forties, Oseberg and Ekofisk - that make up the Brent futures benchmark.
Pledges to support oil and gas decommissioning in the UK Conservative manifesto have been described as hammer blow to the industry.
Oil and gas explorer Cairn Energy today said its cash flows were in line for "significant" boost when two of its North Sea projects come on stream. The Edinburgh-based firm said first oil from the Catcher and Kraken developments remains on schedule for ...
New research has suggested that oil output from the North Sea is set for a boost in the next two years, defying gloomy predictions about future production in the basin.
This is the vision a Dutch energy firm have for island-based European wind 'hubs' in the North Sea. The design is based on a 'hub and spoke' principle and aims to make CO2 reduction targets feasible and affordable.
The proposal is relatively straight-forward: build an artificial island in the middle of the North Sea to serve as a cost-saving base of operations for thousands of wind turbines, while at the same time doubling up as a hub that connects the ...
Lawyer and Middle East business expert Hugh Fraser has been inducted into a global networking initiative set up to help Scottish firms break international markets.
With the dated Brent curve showing its narrowest contango in nearly two months and the arbitrage to Asia continuing to lure North Sea oil east, last week's drop in differentials to multimonth lows has encouraged traders to snap up cheap cargoes ...
Utility crews performing routine maintenance on power lines on North Sea Road last Thursday afternoon, May 11, discovered a live grenade under debris along their route, according to Southampton Town police.
London - Premier Oil has awarded most major front-end engineering and design contracts for its Tolmount gas development in the UK southern North Sea. Wood Group is responsible for the offshore FEED, with Land & Marine handling the program for the ...
Search launched for missing kayaker in North Sea. The alarm was raised shortly after 7.30pm after the kayaker failed to return to shore in the Burnmouth area of south east Scotland.
businesses and researchers are to work together to identify opportunities for economic development in light of increased decommissioning in the North Sea. An industry event - involving researchers from the University of Edinburgh - will discuss how the ...
The more than 1400 oil and gas platforms currently located in the North Sea might eventually be used to fight the problem they helped to create: unsustainable energy generation.
Decommissioning costs in the UK North Sea have become a serious issue for companies with aging fields in the region. In December, Oil and Gas UK predicted that GBP 17.6 billion will be spent on decommissioning from 2016 to 2025, with GBP 9.4 billion of ...
Scotland should focus on a UK-wide Brexit deal rather than constitutional issues in order to grow the economy, the head of a leading business group has said.
SOLA, Norway - IKM Subsea is preparing to mobilize the first equipment for an ROV services contract awarded last August for Statoil's Visund and Snorre B facilities in the North Sea. The scope covers testing and installation of an electrical ...
Neptune's goal is to further develop its exploration and production activities through EPI, in part by pursuing investment opportunities in the North Sea, North Africa, and Southeast Asia regions. As of Dec. 31, 2016, EPI had booked 2P reserves of 672 ...
Search teams fear a worker has plunged into the North Sea from an oil rig. Coastguard teams have scaled back searches for the 49-year-old, who is believed to be from Aberdeen.
Scotland'S economy crashed to a record low following the collapse of North Sea oil, bleak figures reveal. Experts said output, or GDP, slumped below the UK ...
An object appearing to be a hand grenade was found along North Sea Road between Sandy Hollow and Henry roads in North Sea on Thursday afternoon, forcing the closure of multiple streets and the evacuation of several dozen nearby homes, according to ...
A man who sparked a major North Sea search after going missing from a drilling rig has been named. Steve Sutherland, 49, from Aberdeen, had been working on the Noble Lloyd Noble, in the Mariner Field, about 90 miles (150km) east of Shetland.
North Sea oil firm The Parkmead Group Plc (LON:PMG) has agreed a deal to take full ownership of Licence P.2209, which includes the Farne Extension prospect and other exploration potential.
i3 Energy Plc (PRIVATE:i3E) - i3 Energy wants to raise US$50mln that will allow it to deliver first production from the Liberator field in the North Sea in early ...
Central to the plan is the construction of one or more islands in the shallow water Dogger Bank section of the North Sea where wind conditions are optimal.
Singapore - Rex International Holding plans further applications of its Rex Virtual Drilling (RVD) technology offshore Norway. The company's subsidiary Lime petroleum Norway is a partner in Lundin's Edvard Grieg South (EGS) field, discovered in North ...
A search is ongoing in the North Sea to trace a missing man who could not be found on board a rig. police received reports a 49-year-old man who had been working on the Noble Lloyd Noble installation could not be located on board.
The Maritime and Coastguard Agency (MCA) has said the search for a man who went missing from a North Sea rig had been "scaled back".
Oil has begun to flow from the Shaw field in the North Sea, part of a wider project aimed at unlocking some 100 million barrels of reserves.
ABERDEEN, UK - Parkmead has agreed to acquire a 50% stake from Verus petroleum in UK southern North Sea license P.2209, giving it full ownership of the concession.
EDINBURGH, UK -- Controlled production of brine from rocks deep beneath the North Sea could increase the amount of carbon dioxide (CO2) that could be injected for subsurface storage in the area, according to Scottish Carbon Capture & Storage (SCCS).


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