UK


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OGIC Invests More Than £300,000 Into New UK Projects

The Oil & Gas Innovation Centre (OGIC) has invested more than £300,000 into three new projects which have the potential to cut operational costs and improve efficiency in the oil and gas industry. The projects will see three UK companies work with Scottish universities to develop innovative techno ...

OilVoice Press - OilVoice


Posted 1 year agoPress > OGICUnited KingdomUK +4

Wood Wins New Contract With Lucite International

Wood has been awarded a new five-year contract by Lucite International UK Ltd, to provide industrial services at the Cassel site in Billingham, Teesside, UK. Onshore fabrication, steelwork, electrical and rigging support services will be provided under the contract, which is effective immediately ...

OilVoice Press - OilVoice


Posted 1 year agoPress > WoodLucite InternationalUnited Kingdom +2

Hat-Trick of Major Topsides Decommissioning Awards Worth £10m Sees PD&MS as UKCS Market Leader

- Latest award for PD&MS with Spirit Energy- Leading international engineering company, PD&MS Group, has secured a trio of contracts worth more than £10 million across three major North Sea late-life projects in the last six months, making the firm the UKCS market leader in the area of engineeri ...

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Posted 1 year agoPress > PD&MSUKCSUnited Kingdom +5

Bilfinger Wins Major Contract With Shell U.K. Limited and NAM

Leading asset lifecycle services specialist Bilfinger Salamis UK has been awarded a multimillion pound contract for technical manpower services on Shell U.K. Limited southern North Sea (SNS) assets. The three-year contract covers the execution of maintenance operations services onshore at Bacton G ...

OilVoice Press - OilVoice


Posted 1 year agoPress > BilfingerContractShell +5

Oil & Gas UK: Resilient and Reshaping But Greater Activity Needed to Fully Reboot Industry

More new investment expected in 2018 than the last 3 years combined  2018 production set to increase 5% making it 20% higher than 5 years ago Unit Operating Costs halved since 2014 and post-tax cash flow highest in 7 years. Supply chain  still under pressure but revenues to stabilise in ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > Oil & Gas UKUKUnited Kingdom +4

AISUS Wins First Contract in the Middle East

Leading offshore inspection company, AISUS has announced its first major contract win in the Middle East with North Oil Company (NOC). The six-figure agreement marks a significant milestone for the firm and provides the foundation on which the company plans to build its growing business in the Midd ...

OilVoice Press - OilVoice


Posted 1 year agoPress > AISUSContractMiddle East +6

Faroe Petroleum: Final Results for the Year Ended 31 December 2017

20 March 2018 Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, announces its audited results for the year ended 31 December 2017. Highlights Exploration and appraisal – significant Brasse resou ...

OilVoice Press - OilVoice


Posted 1 year agoPress > United KingdomUKFaroe Petroleum +4

GMB Congratulates National Grid for Realising What We've Known for Years – Britain Needs Gas

Now National Grid has woken up and smelt the coffee – maybe our Government will follow suit GMB has congratulated National Grid for slowly but surely realising what GMB has been saying for years – that Britain Needs Gas. In a new report, entitled 'The Future of Gas: How gas can support a low ca ...

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Posted 1 year agoPress > GMBNational Gridgas +2

Serica Energy: Operations Update

London, 9 March 2018 – Serica Energy plc (AIM: SQZ), an independent oil and gas company with production, development and exploration licence interests in the UK North Sea and exploration interests in Ireland and Namibia, hereby provides an operations update. UK North Sea Erskine Field As ann ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Serica EnergyOperations UpdateUK +4

Total Closes the Maersk Oil Acquisition and Becomes the Second-Largest Operator in the North Sea

Paris - Total announces the closing of the Maersk Oil acquisition signed on 21st of August 2017. It brings to Total around 1 billion barrels of oil equivalent of 2P/2C reserves and resources, mainly in the OECD countries, and a production of about 160,000 barrels of oil equivalent per day (boe/d) ...

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Posted 1 year agoPress > TotalMaersk OilAcquisition +5

West Phoenix to Drill in UK and Norway

Statoil and its partners have contracted the West Phoenix rig for exploration drilling on the UK and Norwegian continental shelves from the summer of 2018. The contract is awarded to the two Seadrill companies North Atlantic Drilling UK Ltd. and North Atlantic Norway Ltd. The semi-submers ...

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Posted 1 year agoPress > West PhoenixDrillingUnited Kingdom +7

Over $58.5bn Will be Spent on North Sea’s Upstream Capex by 2020, says GlobalData

An average capital expenditure (capex) of $19.5bn per year is forecast to be spent on 568 oil and gas fields in North Sea between 2018 and 2020, according to GlobalData , a leading data and analytics company. Capital expenditure in the North Sea's traditional oil projects will add up to $35.5bn ...

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Posted 1 year agoOpinion > GlobalDataNorth Seaupstream +4

Faroe Petroleum: Sale of 17.5% Interest in PL586 (Fenja) to Suncor Energy Norge AS

Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce that it has executed a transaction with Suncor Energy Norge AS (‘Suncor') for the sale of a 17.5% working interest in the ...

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Posted 1 year agoPress > DivestmentFaroe PetroleumSuncor +5

Acquisition Adds Valves Value For EnerMech

EnerMech is expanding its valves division with the acquisition of the UK valves business of Denholm Valvecare (DV). The global integrated engineering services group has acquired the UK trade and assets of the valves division of family-owned Denholm Oilfield Services for an undisclosed sum. EnerMe ...

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Posted 1 year agoPress > EnerMechAcquisitionDenholm Valvecare +2

Cairn Energy: Operational Update

Cairn intends to announce its preliminary results for the year to 31 December 2017 on Tuesday 13 March 2018. In advance of these results, Cairn is providing an update on recent operations and the Group's trading performance in 2017 together with guidance for 2018. This information is unaudited and ...

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Posted 1 year agoPress > Cairn EnergyOperational UpdateUK +5