Total to buy Chevron’s Danish North Sea business
Total will buy Chevron's 12% interest in the Danish Underground Consortium (DUC), a 12% interest in Licence 8/06, and a 7.5% interest in the Tyra West pipeline.
oil
Goldman Sachs pours cold water on $100 oil talk
Oil at $100? Not so fast, says Goldman Sachs.
Deepwater oil rigs on brink of recovery after years in doldrums
Deep-sea oil drillers are once again riding the wave of investor enthusiasm that next year will be better for profits.
Updated: IOG shares drop as southern North Sea project sanction pushed back
Shares in Independent Oil and Gas (IOG) sank after the firm said a final investment decision (FID) on its southern North Sea gas development project had been pushed into the fourth quarter of 2018.
BP says oil spike may prove fleeting on US-China tensions
Oil bulls cheered by the prospect of $100 oil beware. A rally in prices may be short-lived.
Total gas find could be biggest in 10 years
Oil major Total revealed yesterday that it had made one of the biggest gas discoveries in the North Sea in a decade.
Scottish firm SSM protects 360 HSE inspectors
A total of 360 Health and Safety Executive (HSE) inspectors, including many working in the North Sea industry, will be protected from potential danger under a new contract with Scottish firm Safe Shores Monitoring (SSM).
Updated: Total reveals major gas find west of Shetland
French oil major Total said today that its Glendronach prospect could produce one trillion cubic feet (tcf) of gas.
Brent benchmark set for revamp with oil from around the world
Brent crude could see the biggest overhaul since the North Sea crude became a major benchmark more than 30 years ago as the industry considers including oil from as far away as Central Asia, West Africa and U.S. shale fields in its price assessment.
OPEC gives tepid response to Trump’s demand for lower oil prices
U.S. President Donald Trump’s demand that OPEC take rapid action to reduce oil prices got a tepid response, with the group saying it would boost output only if customers requested it.
Workers to vote on strike action after snubbing OCA offer
North Sea workers will vote on strike action after rejecting a revised pay offer earlier this year.
Updated: Verus Petroleum in £300m North Sea acquisition
Aberdeen-based Verus Petroleum has announced the latest private-equity-backed swoop for a package of North Sea assets.
Updated: RockRose raises Arran stake further, ticks boxes on Dyas acquisition
Fast-growing UK oil firm RockRose Energy has managed to beef up its stake in a North Sea field by another 10%.
Rig heads for Buzzard field as Semco finishes upgrade
A rig has set sail from Invergordon en route to the huge Buzzard field in the North Sea, where it will drill a number of wells.
Excitement ahead for Hurricane as first revenues beckon
Hurricane Energy's boss said the company was entering an "exciting time" as it gets ready for first revenues and further drilling next year.
Kishorn dry dock ‘one of a kind’ in UK, OGA says
The huge refurbished dry dock at Kishorn Port (KPL) is the only facility of its kind in the UK ready to accept major North Sea decommissioning projects, the Oil and gas Authority’s (OGA) head of supply chain Bill Cattanach has said.
Start of drilling campaign including Verbier ‘imminent’, Jersey says
Jersey Oil and Gas said today that the start of a drilling campaign which includes its "flagship asset" is "imminent".
FID surge keeps offshore ahead of shale, Rystad says
A recent surge in final investment decisions (FIDs) on offshore oil and gas projects has set the scene for a healthy increase in offshore investments next year, Rystad Energy analysts said.
Updated: Heerema, AF Gruppen pick up Dunlin Alpha decommissioning job
Dutch heavy lift crane vessel firm Heerema Marine Contractors has won the contract to remove the Dunlin Alpha topside in the UK North Sea.
Equinor hires West Hercules for Barents wells
Equinor has booked Seadrill's West Hercules rig for two wells in the Barents Sea in spring 2019.
Brent near $79 as Saudis signal comfort with higher prices
Brent oil traded near the highest level in a week after Saudi Arabia was said to be content with the global benchmark crude breaking above $80 a barrel.
Updated: Shell to ditch unpopular three-week rota next year
Oil giant Shell has revealed plans to ditch “hated” three week offshore rotas on its central North Sea platforms next year.
Crew likely to avoid pay cut on Shell platforms
Crew on Shell’s North Sea platforms are expected to avoid a drastic wage cut, despite being asked to work fewer shifts.
Return to action for mothballed yard expected in ‘very near future’
A director of Kishorn Port (KPL) has said the mothballed Wester Ross yard and dry dock could be back in operation in the “very near future” as it pursues North Sea decommissioning and offshore renewables projects.
Halo snaps up Pegasus stake with Third Energy acquisition
Hague and London Oil (Halo) has agreed to buy Third Energy Offshore in a move that will beef up its southern North Sea portfolio.