Neptune confirms hydrocarbons at Hamlet
If the question was “to be or not to be”, Neptune Energy has answered in the former for its Hamlet discovery.
E&P
Maersk Drilling lands UK North Sea gig worth $16.9m
Maersk Drilling has been awarded a contract worth $16.9 million (£12.9m) in the UK North Sea.
Deltic in Southern North Sea exploration charge
Years have passed since the last exploration well was drilled in the Southern North Sea, and Deltic Energy is hoping to lead a fresh wave of activity.
Shell Jaws exploration well in UK fails to make a catch
The Shell Jaws well in the North Sea has proved unsuccessful, partner Capricorn Energy has announced.
UK well slot: Eyes on the Southern North Sea
As of 28 February, Westwood Global Energy reports that there is one exploration well and one appraisal well active in the UK. One exploration well completed since the start of the year.
30 Seconds to Saturn: Flagship IOG project go for launch
“It's been a tough journey but we're very, very close now,” IOG chief executive Andrew Hockey reflects.
High and volatile oil prices for the next five years, BofA forecasts
Brent oil prices average $60-80 per barrel until 2027, BofA Global Research has said in a new report, suggesting high prices are here to stay – at least in the medium term.
Hibiscus moving on ‘accelerated schedule’ for Teal West project in North Sea
Anasuria Hibiscus and partner NEO Energy are moving forward with plans for the Teal West project in the UK North Sea on an “accelerated schedule”.
With the Cambo licence due to expire soon, what options are open to Siccar Point?
While the future of the Cambo project remains on hold, Siccar Point Energy’s intentions for the scheme could soon become clearer.
North Sea deal means 300 new jobs at Bilfinger UK
Energy services firm Bilfinger UK, which has its offshore oil and gas base in Aberdeen, has said a new contract in the North Sea will create 300 new jobs.
Climate activists hit out at Ithaca and OGA over ‘tiny’ oil and gas field approval
Climate campaigners have questioned the decision to green light a North Sea oil and gas field that they claim will provide “little to no benefit” to the UK.
Odfjell Drilling plans split into two separate companies
Odfjell Drilling (OSLO: ODL) plans to split itself into two companies which would see the creation of a dedicated technology spinoff.
Well slot: Two UK exploration wells active in early 2022
Westwood Global Energy reports that as of 24 January there were two exploration wells active in the UK.
Neptune Energy increases production from Gjoa platform
Neptune Energy has confirmed a marked increase in production from its operated Gjoa platform.
BP and Rosneft only oil explorers to deliver 1billion+ barrels in 2021
BP and Rosneft were the only companies to deliver more than a billion net barrels of oil equivalent through exploration last year, according to new research.
‘No production issues’ yet for Hurricane Energy as Lancaster hits ‘bubble point’
Hurricane Energy (LSE: HUR) says no production issues have arisen at Lancaster despite it falling below the ‘bubble point’ last month.
Glengorm: Analysts slash estimates for North Sea discovery
The estimates of recoverable barrels for the CNOOC Glengorm discovery have been downgraded by analysts after a disappointing appraisal campaign.
‘Rig stability’ concern forces IOG to stop drilling on Southwark North Sea project
A concern over “rig stability” has forced IOG to halt drilling on its Southwark project in the North Sea.
ROV faults delay spudding of IOG’s Southwark development well
North Sea operator IOG is to spud the Southwark development well in the “coming days” after missing its previous target.
Dunnottar exploration prize is ‘a well to watch’ says Harbour Energy boss
The Europe chief executive of Harbour Energy has told investors that the Dunnottar exploration project is a “a well to watch”.
Craig International nets new orders worth more than £5m
Offshore procurement specialist Craig International, of Aberdeen, is to deliver two new contracts worth a total of more than £5 million through its fledgling Ecobuy service.
International demand for its oilfield technology boosts revenue at north-east firm Tendeka
Bosses at oilfield services firm Tendeka are toasting new international contracts worth more than £22 million for work over the next three years.
The sharp end of achieving net zero
The Cambo furore comes at a time when the UK faces tough decisions about how to meet its energy needs and attract investment whilst burnishing its environmental credentials ahead of COP26 in Glasgow in November.
Shell reveals move into Aberdeen city centre – but no firm date
Energy giant Shell has announced it is moving out of its current North Sea base in Tullos, Aberdeen, and into the Silver Fin building in the city centre.
Spirit Energy finds more gas at Grove field
Spirit Energy has found more gas at Grove, "significantly" extending the life of the southern North Sea field.