Private equity-backed oil firm Chrysaor has hired advisers ahead of talks to buy Chevron's British North Sea oil and gas fields for over $2.5 billion, industry and banking sources said.Chrysaor has signed up investment banks Jefferies and BMO…
BP has received approval from the Oil and Gas Authority (OGA) to proceed with the Vorlich development in the central North Sea, which is expected to come onstream in 2020.New North Sea development is targeting 30 million barrels of oil equivalent and expected to produce 20…
Maersk Drilling’s ultra-harsh environment jack-up Maersk Innovator is now heading for operation at the Buzzard field in the Central North Sea following a six-week yard stay at Invergordon, during which main contractor Semco Maritime has extended…
Danish oil firm Maersk Oil has published a video with timelapse footage and interviews with key people, showing the main 2017 milestones in the UK North Sea Culzean development. The Culzean field - discovered in 2008 - is in the UK central North Sea…
Norway’s Petroleum Safety Authority (PSA) has approved ExxonMobil’s handover of its operated fields on the Norwegian Continental Shelf (NCS) to Point Resources. The decision gives Point consent to use facilities at the Balder, Ringhorne…
Chevron’s Erskine field is back up and running offshore the UK, following maintenance work at Shell’s Lomond, according to partner Serica Energy. Erskine field restarted at the end of last week and the field has produced continuously over the weekend…
Shell has been given two safety warnings from the UK’s Health and Safety Executive (HSE) on its Lomond facility in the Central North Sea. Map of Lomond and surrounding Shell assets. Map from Chrysaor…
The Oil and Gas Authority (OGA) has released a tranche of UK Continental Shelf data in an effort to help revitalize exploration in the basin. The latest data release follows the publication of a suite of subsurface data packages in June…
Wood Group has been awarded a new contract by Maersk Oil to deliver mechanical and management services for the hook-up and commissioning of the Culzean gas condensate field in the UK central North Sea. At peak manning, about 200 new…
Premier Oil awarded Wood Group a contract to deliver front-end engineering design (FEED) to the Tolmount offshore field development in the Southern North Sea. Effective immediately, Wood Group will provide topsides, jacket, pipeline…
North Sea producer Nexen Petroleum has awarded Plexus Holdings a one-well order for the high-pressure Glengorm exploration well in the Central North Sea. Nexen, a wholly-owned subsidiary of China's CNOOC, is due to drill the well after 1 July 2017…
Culzean. Image from Maersk Oil. IKM has secured a pre-commissioning contract, courtesy of Subsea 7, for the Culzean gas field, offshore the UK in the central North Sea. Subsea 7 has won the award from Maersk Oil for subsea…
Bibby Offshore secured a significant contract with Shell to provide engineering and subsea construction activities in the Gannet G field in the Central North Sea. The campaign, due to commence in Q1 2017, will utilize Bibby's multipurpose dive support and offshore construction vessel…
North Sea intervention firm Altus Intervention has won a fixed term, five-year contract to provide well intervention services for Maersk Oil UK. Altus Intervention was awarded the contract for the provision of slickline services, coiled tubing services…
In this video, Chevron shows the process it took for its Alder HPHT field to reach first gas, 41 years after in was discovered. Chevron’s high-pressure, high-temperature (HPHT) gas condensate Alder field in the Central North Sea started production this week…
