Exploration disappointment for Cnooc west of Shetland
Chinese firm Cnooc has confirmed that its Howick exploration well located west of Shetland was a duster.
CNOOC
Buzzard oil field shut down again as repairs ‘compromised’
The North Sea's largest-producing oil field has been shut down for the second time in a month after a pipework repair was found to be “compromised”.
New Aberdeen conference to spotlight North Sea health and safety
A new conference has been announced which will focus on the most pressing health and safety issues in the North Sea.
Monthly update on North Sea exploration: Three UK wells active
At the end of September there were three active exploration wells and four appraisal wells being drilled in the UK, according to Westwood Global Energy. Two E&A wells were spudded and three were completed during September.
Buzzard oil field shut down for repairs
The North Sea’s largest-producing oil field has been shut down after a defect was found during an inspection.
Uganda’s export dream on thin ice
Preparations for the East African Crude Oil Pipeline (EACOP) have ground to a halt in Uganda following the termination of Tullow Oil’s farm-out talks.
Exploration wells and FIDs beckon for UKCS
The UK upstream oil and gas sector will be a hive of activity over the coming years, two global energy consultancies have said.
Uganda deal falls apart for Tullow, pushes FID back
A $900 million (£740m) deal, under which Tullow Oil was to sell a major stake in its Ugandan projects to Total and CNOOC, has been scrapped as a result of wranglings with the government.
Total, Cnooc go with Babcock for North Sea flights
Babcock Offshore said today that it had won two new contracts for helicopter crew change operations out of its Aberdeen base.
Total kicks off Glendronach appraisal in West of Shetland
Total has started drilling an appraisal well at its Glendronach discovery in the West of Shetland.
OGUK announces Safety Awards finalists
The finalists have been revealed for an awards ceremony celebrating companies and people who have made an outstanding contribution to offshore health and safety.
Stake in major North Sea discovery to be put up for sale
A sizeable stake in one of the UK North Sea’s largest gas discoveries in years will come on the market once a major acquisition goes through later this year.
North Sea stakes change hands in £600m Energean acquisition of Edison E&P
Energean’s £600 million acquisition of Italian firm Edison E&P has handed the company stakes in a number of UK North Sea assets, including a major discovery.
Cnooc’s UK business posts £1bn pre-tax profit
A recovering oil price drove a boost to profits for Cnooc’s operations in the UK and Ireland in 2018.
$1bn to be saved by collaborating, Maersk Drilling boss says
A top boss at Maersk Drilling estimates the North Sea industry could save around $1 billion a year if it makes further in-roads on collaboration.
Production restored at three North Sea platforms following pipeline repairs
Production has been restored at three North Sea platforms which were shut down due to pipeline repairs.
Earnings dip for KCA Deutag amid ‘very competitive’ markets
Aberdeen-based drilling contractor KCA Deutag has reported a dip in earnings amid heavy competition in the land drilling and offshore markets.
Cnooc extends North Sea platform deal with KCA Deutag
Drilling and engineering contractor KCA Deutag has been handed an extension to its contract with CNOOC Petroleum Europe in the UK North Sea.
China’s oil giants to splurge most in five years
China’s oil giants aim to spend the most in five years in pursuit of higher energy output. But unlike global rivals investing in top-tier assets, the state-owned producers are trying to boost supply from fields that are either old and high-cost or new and challenging.
North Sea discoveries have ‘turned heads’ of investors, says Chrysaor boss
World-class discoveries made in the UK North Sea in recent months have “turned heads” of investors, according to the chief executive of Chrysaor.
Glengorm shows ‘still life in more mature UK waters’
Chinese, French and Italian energy firms are celebrating the biggest gas find in the UK North Sea in more than a decade.
Updated: Cnooc makes 250m barrel oil discovery at Glengorm
Chinese oil company Cnooc today announced a new discovery in the UK central North Sea.
Glengorm the biggest UK gas find since Culzean, Woodmac says
Chinese energy firm Cnooc's discovery at Glengorm is the largest gas find in the UK since Culzean in 2008, an analyst has said.
Shell, Total among the majors committed to developing Chinese acreage
China signaled its openness for business with a raft of deals that’ll give oil majors including Royal Dutch Shell Plc new opportunities to develop fields in partnership with the nation’s biggest offshore explorer.
Aker Solutions wins mammoth subsea deal with Cnooc
Norwegian oil services firm Aker Solutions has announced a mammoth subsea deal with China National Offshore Oil Corporation (Cnooc).