Resources at Total’s major Glendronach discovery cut by 40% following appraisal
One of the largest offshore discoveries in UK waters of the last decade has had its recoverable resources cut by 40% following an appraisal well.
Glengorm
Busy year ahead for key projects in the North Sea, Neptune boss says
A boss at Neptune Energy said 2020 was shaping up to be the private-equity-backed firm’s busiest year in the UK North Sea as activity ramps up around key projects.
ExxonMobil labelled ‘explorer of the year’ as global discoveries reach four-year high
Exxon Mobil led the way with new finds off the coasts of Guyana and Cyprus as global oil and gas discoveries in 2019 hit a four-year high, according to a new report.
Exploration in 2020: Transition, what transition?
The Energy Transition and Extinction Rebellion may have led the energy news agenda and stimulated reflection in many E&P boardrooms in 2019, but the impact on exploration drilling is not yet apparent.
CNOOC kicks-off drilling at Howick west of Shetland
CNOOC has confirmed that it has started drilling at the Howick prospect west of Shetland.
Total sees ‘new potential’ for North Sea investment
Energy giant Total has said it sees “new potential for investments” in the North Sea off the back of exploration successes in the UK.
2019 a tantalising year for North Sea exploration, Woodmac says
Energy consultancy Wood Mackenzie has predicted a 25% rise in the number of exploration wells to 60 in 2019 across the whole of the North Sea.
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.
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.
Exploration: do not write the North Sea off
New North Sea discoveries have acted as a “beacon” for the rest of the industry, according to the Oil and Gas Authority’s (OGA) head of exploration.
Further North Sea wells on the horizon for newcomer Seapulse
A new global oil and gas explorer has said it plans to target more North Sea wells in the future.
Total ‘weeks away’ from start-up of one of UK’s largest gas fields
Energy giant Total has said it is just weeks away from starting up production at one of the UK’s largest offshore gas fields.
Updated: Total’s income dips during quarter marked by huge North Sea gas find
French oil giant Total suffered a dip in profits during a first quarter of highs and lows.
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 ‘reignites excitement’ in central North Sea prospects
The 250millon-barrel Glengorm discovery will ‘reignite excitement’ in the central North Sea, with eyes now on further prospects in the region according to Westwood Energy.
Well slot: Drilling wrapped up near Cygnus
Westwood Global Energy reports that at the end of January three exploration wells were drilling on the UKCS: one in the northern North Sea and two in the central North Sea.
Glengorm find heralds a big year for exploration in NW Europe
The Glengorm gas condensate discovery announced last week could be the biggest in the UKCS since 2008. It will reignite interest in the high temperature, high pressure plays in the North Sea and heralds a mini renaissance in UK exploration.
Glengorm will likely be an industry hotspot for years, Rystad says
The oil and gas world is abuzz with news of a major gas find in the UK as operator CNOOC and partner Total unveiled the largest discovery in British waters since 2008.
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.