NSTA reveals winners of latest North Sea licensing round
The third tranche of the 33rd offshore licensing round sees 19 companies awarded North Sea licences
Bridge Petroleum
Mermaid Subsea Services building on major P&A campaign as it goes after North Sea’s suspended wells
A reluctance to take a bet on the unknown; it’s a frequent gripe levelled at North Sea operators when it comes to decommissioning.
Bridge receives ‘multiple offers’ for North Sea redevelopment but licence roadblock beckons
Bridge Petroleum has reported “multiple offers” for its Galapagos North Sea redevelopment; however, licensing rules may produce a roadblock.
Bridge Petroleum says ‘things are looking up’ for Galapagos project
The company behind a massive North Sea redevelopment that could yield millions of barrels of oil says it is “hopeful for the future” of the project.
Fraser to expand Aberdeen team after securing contracts with Bridge Petroleum
Fraser Well Management (FWM) and Fraser Integrity Management (FIM) have bagged a deal for work on a North Sea field.
More than a dozen North Sea projects face red light due to oil price plummet
More than a dozen UK North Sea projects are facing deferral in light of the oil price drop, an analyst has predicted.
Giant North Sea redevelopment can help end false perceptions, says former oil boss
A giant North Sea project could help disprove false perceptions on redeveloping old fields, according to a former oil boss.
North Sea players bring ‘rebound’ to FPSO market
North Sea work is helping bring the global FPSO market “back to life” according to a new report from Rystad Energy.
£15.6billion to be spent on UK North Sea projects to 2025
An estimated £15.6billion will be spent between now and 2025 on oil and gas projects in the UK North Sea, according to analysts GlobalData.
Bridge Petroleum, owner of ‘Brent giant’ Galapagos, wins in latest licensing round
Bridge Petroleum, owner of the “dormant Brent giant” Galapagos, has been awarded five licenses in the latest North Sea round.
Galapagos redevelopment plan is achievable, says analyst
Bridge Petroleum’s plan to redevelop its Galapagos field, which has up to 800million barrels remaining, is achievable, according to an analyst.
Plan to awaken ‘dormant Brent giant’ in North Sea
London-based oil explorer Bridge Petroleum has launched plans to awaken “a dormant Brent giant” in the North Sea.
Atlantic Petroleum boss says low costs, rising oil prices bode well for North Sea Orlando field
Atlantic Petroleum’s boss said yesterday that lower contractor costs and rising oil prices had boosted the prospects of the North Sea Orlando field.
Iona Energy suitor given two month extension to close out deal
Iona Energy’s administrators have given the defunct firm’s main suitor another two months to find the funds needed for a takeover.
Deadline “missed” for Iona Energy purchase
North Sea-focused oil and gas development firm Bridge Petroleum is believed to have missed a deadline to wrap up its purchase of Iona Energy, which went into administration earlier this year.