Noble Corp wins $28.5m North Sea contract with Harbour Energy
Drilling firm Noble Corporation (NYSE: NE) has been awarded a 10-month gig with Harbour Energy (LON: HBR) in the UK North Sea.
E&P
Teal West clears final regulatory hurdle as NSTA grants consent
The door is open for a multi-million barrel North Sea oil and gas field to progress after it cleared the final regulatory hurdle.
Sunak confirms support for ‘hundreds’ of new North Sea licences
The licences are expected to be issued in September.
Montrose platform looks most likely option for Ithaca K2 discovery – analyst
According to independent estimates from advisory firm Envoi, K2 has estimated resource potential of 102 million barrels of oil equivalent.
Hot plays: Four upcoming UK North Sea exploration targets
We take a look at four North Sea exploration targets and hotspots from firms including NEO Energy, Shell, Harbour and Horizon Energy
Big Bird unlocks North Sea exploration targets for Finder and Dana
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Exploration: As Norway unveils major oil and gas discovery, UK ‘lags far behind’
Norway has had a run of oil and gas exploration discovery success which has served to underline the lack thereof for its UK neighbour.
Teal West field gets green light from UK environmental regulator
Anasuria Hibiscus’ Teal West oil and gas field in the North Sea has been given the green light from one of the UK’s two offshore regulators.
New North Sea firm launched by former Spirit Energy and Faroe CEOs
Curium Resources is seeking to become a leading independent player in the UK, initially focused on gas in the southern sector.
Serica Energy calls time on Eigg exploration licence
Serica Energy (LON: SQZ) has called time on exploration around the Eigg prospect, including any hope of a side-track well.
Still the wells to watch? A half-year look at North Sea exploration
Skerryvore is slated for 2024, the Devil’s Hole is on the way, the Bens disappoint, but there’s been some high-impact success too.
Labour North Sea licensing ban would have ‘minimal impact’ – Wood Mackenzie
As existing licences will be respected, Wood Mackenzie says a ban on new exploration would be “largely symbolic”.
Disappointment for BP at Ben Lawers in West of Shetland
No discovery at the well, which had pre-drill estimates of 70 million barrels.
Ithaca Energy ready to summit K2 exploration target
Ithaca Energy (LON: ITH) is about to begin drilling an exploration well at the K2 prospect in the Central North Sea.
‘Perennial issue’ as North Sea explorers over-hype their prospects
There's been numerous cases over the last decade in UK North Sea exploration where company estimates have been way off the mark.
Who have been the UK North Sea exploration standouts?
New data has highlighted the “standout” firms carrying out exploration in the UK North Sea in recent years.
Taskforce targeting tough to crack North Sea gas pockets
An energy sector taskforce has set its sights on unlocking difficult to produce gas fields in the Southern North Sea.
‘Will these blocks ever be licensed again?’ Over 5,000 km2 of North Sea exploration given up
More than 5,000 km2 of North Sea exploration acreage was surrendered today as deadlines for licences hit the industry.
Yousaf: No new North Sea oil and gas unless there is a ‘good reason’
Scotland’s First Minister has argued there should be “no new extraction” of North Sea oil and gas, unless there is a “good reason to do so”.
WellGear eyes 100% workforce growth on contracts drive
A clutch of new contracts, including three signed in the UK over the last month, are expected to help energy services firm WellGear globally double in size over the next two years.
IOG looks to former ConocoPhillips field for next phase of North Sea development
Still battling with drilling issues, IOG outlined plans for several further cluster developments around its Saturn Banks scheme in a wide-ranging update ahead of its AGM.
Neptune Energy hails first gas from 11th well at Cygnus
Neptune Energy has hailed first gas from the 11th well at its flagship UK field, Cygnus, bolstering UK energy security.
Next phase of work kicks off on Southern North Sea gas project
A new phase of project work – focussed on first production - has got underway at a Southern North Sea gas project.
Deltic: Pensacola will breathe new life into Southern North Sea’s ageing legs
As far as discoveries go, uncovering over 300 billion cubic feet (bcf) of gas and the decade’s largest find isn’t half bad in an increasingly wizened basin.
10 North Sea fields nearing govt approval found over 30 years ago on average
But OEUK's Ross Dornan is warning that “if they were already challenging beforehand, they are even more challenging now”.