TAQA, a UAE-based oil company with assets in the UK North Sea, said Wednesday it had initiated a strategic review of its oil and gas operations, including the possibility of selling some or all of them.'The review will assess strategic options…
Baron Oil has increased its interest in a UK North Sea offshore block containing the Dunrobin prospect, dubbed one of the few remaining sizeable undrilled UK North Sea targets.Baron Oil said this week that Corallian and Upland, its partners…
Norway-based Solstad Offshore has secured an 18-month charter for its platform supply vessel Sea Falcon.The offshore vessel owner said the contract, with an unnamed client, included a one-year extension option.Solstad did say that the client…
Australian oil and gas company Finder Energy said Friday it had acquired two 'highly prospective' UK North Sea-operated licenses, P2502, and P2524, from Azinor Catalyst Limited.Perth-based firm said that the license P2502 was located on the western edge of the East Shetland Basin…
Norway's Solstad Offshore has signed a contract with TAQA Bratani Limited for the platform supply vessel Sea Flyer.The vessel will be used to support TAQA’s UK North Sea assets for a firm period of two years. The contract is expected to begin in July 2021…
Oilfield services company Petrofac has secured a one-year extension to its integrated services contract with NEO Energy in the UK North Sea.'The extension, awarded eight months ahead of the renewal date, takes Petrofac’s contract for operations…
Norway-focused oil and gas company Aker BP, said Wednesday it had, through a newly formed subsidiary Aker BP UK, farmed into an offshore block in the UK North Sea.Aker BP UK has entered into an agreement with Eni UK to take over a 50 percent interest in licence P2511 on the UK Continental Shelf…
Norwegian offshore vessel operator Solstad Offshore has secured contracts for four of its platform supply vessels in the North Sea, with Total, Equinor, and Serica, respectively.Total UK has awarded Solstad a term contract for Normand Springer…
Independent Oil and Gas (IOG), and oil and gas company focused on the UK North Sea, has has appointed David Gibson as its new Chief Operating Officer.'David has extensive relevant North Sea engineering and project management experience over a near 30-year energy industry career…
UK-based oil company EnQuest has agreed to buy Canadian oil firm Suncor's entire 26.69% non-operated equity interest in the Golden Eagle area in the UK North Sea.The area, operated by China's CNOOC, comprises the producing Golden Eagle, Peregrine…
Italian oil company Eni has been awarded a new production license in the UK North Sea, resulting from an application made in the 32nd UK Offshore Licensing Round.The Licence, named P2511, covers an area of approximately 340 square kilometers…
North Sea-focused oil company NEO Energy has entered into exclusive talks with ExxonMobil to buy the U.S. oil giant's UK North Sea assets.NEO, backed by Norwegian private equity investor HitecVision, said Thursday that if the talks are successful…
Norwegian offshore vessel owner Solstad Offshore has won a contract for its platform supply vessel Sea Forth.Solstad Offshore said Tuesday that the vessel had won a term contract with an unnamed UK operator to support their assets in the UK North Sea…
Australian oil and gas player Talon Petroleum has recently been awarded three new exploration licenses in the UK Central North Sea (UKCS). The new license awards were part of the recent 32nd Offshore Licensing Round offered by the UK Oil and Gas Authority…
Oil major BP said Monday it had, together with Eni, Equinor, Shell, Total, and National Grid, formed a partnership to develop offshore carbon dioxide (CO2) transport and storage infrastructure in the UK North Sea.'This infrastructure will…
