Western Europe
News
November 07, 2023
The proposed annual licensing rounds will only take place if two key tests are met that support the transition to net zero.
News
November 06, 2023
The recoverable volumes are estimated to be between 5 and 16 MMboe. The well was drilled by the Noble Lloyd Noble rig.
News
November 06, 2023
Legislation to be set out in the King’s Speech on Tuesday would require the North Sea Transition Authority regulator to invite applications to drill for fossil fuels in the North Sea each year, according to a statement issued by Sunak’s office.
News
November 06, 2023
Seagull sustains continued production through the ETAP CPF, which supports 350 full-time jobs, 270 offshore and 80 onshore.
News
November 01, 2023
By delivering real-time information on reservoir behavior, TGS empowers energy stakeholders to make informed decisions, optimize resource utilization and promote sustainable energy practices.
News
October 30, 2023
Licensing is the first step taken by energy production companies with the regulator to find and produce homegrown supplies, managing the nation’s reliance on imports and safeguarding its world-class energy workforce.
News
October 30, 2023
There are currently 284 offshore fields in production in the UK North Sea and an estimated 5.25 Boe in total projected production to 2050.
News
October 26, 2023
With KEG in production, CO2 emissions per bbl will be significantly reduced and oil production from the Alvheim FPSO substantially increased.
News
October 25, 2023
The companies will work as an integrated team to prepare and remove the 20,000-tonne topside using the Saipem 7000, one of the largest semi-submersible heavy lifting vessels in the world.
News
October 20, 2023
Tied back to the Grane platform, the subsea field holds almost 200 MMbbl of recoverable oil.
News
October 16, 2023
Despite Expro’s rise to become a modern billion-dollar global energy services company with 7,600 employees globally, it remains proud of its North Sea roots in Great Yarmouth, where it currently employs around 60 people.
News
October 16, 2023
Norway’s Petroleum Directorate will become the Norwegian Offshore Directorate from the start of next year, while the Petroleum Safety Authority Norway is due to become the Norwegian Ocean Industry Authority.
News
October 12, 2023
In its Emissions Report 2023, OEUK estimates that emissions from production in the UK fell to the equivalent of 14.28 million tonnes of CO2 in 2022. This compares with the 2018 figure of 18.9 million tonnes.
News
October 11, 2023
Offshore Energies UK, the leading representative body for the offshore energies industry, attended Labour’s annual conference in Liverpool, participating in panel sessions and hosting a discussion on the energy transition with The New Statesman.
News
October 03, 2023
Preliminary estimates of recoverable volume are in the range of 2.5-6.2 MMcm, or 16-39 MMboe. The new well aims to appraise and fully evaluate the natural gas discovery in the Ofelia Agat formation
News
October 03, 2023
As part of its scope, subsea specialist DeepOcean removed 6 subsea conductors and 4 vertical supports at varying water depths and removed the upper conductor guideframes with an estimated weight of 400 tonnes, together with the design and installation of bespoke clamps.
News
October 02, 2023
UK-focused oil and gas producers were hit last year by the Energy Profits Levy, which added an extra 35% tax on profits from output of fossil fuels.
News
September 29, 2023
Baker Hughes announced two awards from Vår Energi that expand its regional presence in the North Sea for exploration logging, well intervention technology and subsea production systems.
News
September 28, 2023
The contract covers the manufacturing and installation of subsea production systems, flexible and rigid pipe, and umbilicals, as well as connection to the host facility. The project will use pre-qualified equipment, which will accelerate the delivery schedule.
News
September 27, 2023
The fundamental reason for this decline is the lack of investment in new fields caused by the UK government’s new windfall taxes, which are now so high there is no cash left for new oil and natural gas production.
News
September 27, 2023
The Rosebank oil field is located around 130 km north-west of Shetland in approximately 1,100 m of water depth. Total recoverable resources are estimated at around 300 MMboe, with Phase 1 targeting estimated 245 MMboe.
