North Sea


All posts for North Sea

Subsea 7 Awarded Contracts Offshore Norway

Luxembourg - 15 December 2017 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY)today announced the award of two contracts from alliance partner Aker BP in theNorwegian North Sea. The contracts are for the Skogul project and the ValhallFlank West project, which collectively are equivalent to a sizeable( ...

OilVoice Press - OilVoice


Posted 1 day agoPress > OffshoreNorwayContract +4

Aker BP Submitted Plans for Development and Operation (PDOs) for Three Projects

Today, Aker BP submitted Plans for Development and Operation (PDOs) for three projects. The total investments will amount to approximately NOK 15.5 billion. Valhall western flank One of the PDOs concerns the Valhall western flank in the North Sea. The development will take place with an unmann ...

OilVoice Press - OilVoice


Posted 1 day agoPress > Aker BPNorwayNorwegian Petroleum Directorate +2

Prices Calm After Forties Pipeline System Shut Down News – But For How Long?

Emergency work on the Forties North Sea pipeline initially shook the markets with Serica Energy Plc (LON:SQZ) shares falling around 5% on the news , which also sent brent crude soaring to above $65 a barrel. Prices then calmed but pipeline-owner INEOS' announcement that deliveries of crude are n ...

Scott Johnson


Posted 1 day agoOpinion > fortiesIneosUnited Kingdom +5

Environmental Performance of Industry Captured in Key Report

North Sea oil and gas production is up but greenhouse gas emissions in 2016 were down against 2015 performance, according to Oil & Gas UK's latest Environment Report . Although carbon dioxide (CO 2 ) emissions on the UK Continental Shelf (UKCS) rose by 4 per cent between 2014 and 2016, this was a ...

OilVoice Press - OilVoice


Posted 2 days agoPress > North SeaUKUnited Kingdom +3

Sparrows Group Announces Acquisition of Wind Energy Specialist Alpha Offshore Service

Sparrows Group has cemented its position in the renewables sector with the acquisition of Danish wind energy specialist Alpha Offshore Service A/S. Already a supplier of capital equipment to the wind energy industry, the deal significantly strengthens the group's operations and maintenance capabil ...

OilVoice Press - OilVoice


Posted 5 days agoPress > Sparrows GroupUnited KingdomNorth Sea +3

Tendeka Appoints New CEO to Galvanize Growth

Global oil and gas solutions provider Tendeka has appointed Brad Baker as its new Chief Executive Officer as the independent completions and production optimisation specialist gears up for further growth. Mr Baker joins Tendeka after a 27-year career with Baker Hughes, most recently as Vice Presid ...

OilVoice Press - OilVoice


Posted 9 days agoPress > TendekaceoUnited Kingdom +1

Sparrows Group Awarded Five-Year Contract From Premier Oil

Sparrows Group has secured a new five-year contract with Premier Oil for the provision of crane operations and maintenance across two of its North Sea assets. The scope of work, awarded to Sparrows for the first time, will see the company provide offshore crane operations and maintenance, includin ...

OilVoice Press - OilVoice


Posted 9 days agoPress > North SeaUnited KingdomSparrows Group +3

Half of Oil and Gas Firms Confident for the First Time in Four Years -The Bottom has Been Called on the Downturn –

First time since 2013 half of contractors more confident about UKCS activity 60% of firms believe the sector has reached the bottom of its current cycle Salary cuts fall and employment improves with 30% increasing employment in the last 12 months Contractor confidence in the UK Continent ...

OilVoice Press - OilVoice


Posted 15 days agoOpinion > UKSCUnited KingdomNorth Sea

Ashurst Advises Serica Energy on Acquisition of BP's Interests in the Bruce, Keith and Rhum Fields in the North Sea

Ashurst is advising oil and gas exploration and production company Serica Energy plc on its acquisition of BP's interests in the Bruce, Keith and Rhum fields in the North Sea and associated infrastructure. The board of Serica believes that the acquisition will be transformational for the Company, p ...

OilVoice Press - OilVoice


Posted 15 days agoPress > BPNorth SeaSerica Energy +4

Well-Safe Solutions Selects Dundee for Onshore Marine Support Base

Well-Safe Solutions, the Aberdeen-based well abandonment specialist, has chosen to locate its onshore marine base in the Port of Dundee. The rapidly growing well abandonment specialist made the announcement at the Offshore Decommissioning Conference in St Andrews. Well-Safe has secured two acres ...

OilVoice Press - OilVoice


Posted 17 days agoPress > North SeaUnited KingdomScotland +1

Cluff Natural Resources plc: Extension of Southern North Sea Licences

Cluff Natural Resources Plc, the AIM quoted natural resources investing company, is pleased to announce that the UK's Oil & Gas Authority (“OGA”) has confirmed that the Company's two 100% owned Southern North Sea Gas licences, P2248 and P2252, which are estimated to contain combined net P50 pro ...

OilVoice Press - OilVoice


Posted 19 days agoPress > United KingdomNorth SeaLicense +3

UK Trade Body Welcomes Budget Green Light to Tax Change That Will Unlock Investment

The Chancellor today announced a tax measure that will unlock further investment in the UK North Sea by enabling more assets to change hands and allow new owners to provide fresh investment in many mature oil and gas fields. Oil & Gas UK has been working constructively with HM Treasury for a numbe ...

OilVoice Press - OilVoice


Posted 24 days agoOpinion > United KingdomBudgetTax +3

Acquisition of BP Interests in the Bruce, Keith and Rhum Fields in the North Sea

London, 21 November, 2017 – Serica Energy plc (AIM: SQZ) (“Serica” or “the Company”) is pleased to report that Serica UK, a wholly-owned subsidiary of the Company, has signed a Sale and Purchase Agreement to acquire BP's interests in the Bruce, Keith and Rhum fields in the North Sea and associat ...

OilVoice Press - OilVoice


Posted 25 days agoPress > BPAcqusitionSerica Energy +6

Craig International Secures Multi-Million Pound Contract With Chrysaor

Oil and gas procurement specialist, Craig International, has bolstered its North Sea operations with the announcement of a contract with Chyrsaor. The contract is for an initial year with two one-year options included. The project will see Craig International provide its procurement services to th ...

OilVoice Press - OilVoice


Posted 26 days agoPress > Craig InternationalChrysaorNorth Sea +1

Oil & Gas UK Makes Final Case For Tax Change Ahead of UK Budget

The UK Government has a limited window of opportunity to introduce a tax change with the Budget that could save the UK taxpayer millions of pounds by deferring the decommissioning of mature oil and gas fields. That's the view of Oil & Gas UK which believes it is vital that the tax history is trans ...

OilVoice Press - OilVoice


Posted 26 days agoPress > Oil & Gas UKTaxUnited Kingdom +4