Orcadian floats CCS-equipped gas to wire plans in Southern North Sea
Plans would see a converted jack-up used to house power and CCS equipment, with electricity output tied into a nearby wind substation.
PILOT
Orcadian raises £350,000 as farm-out work continues
Orcadian Energy has completed a further share issue, raising funds to progress a proposed farm-out deal and pay off debts.
Orcadian Energy may have found dancing partner on £1bn North Sea project
Orcadian Energy (AIM: ORCA) has entered into a provisional agreement with an operator on a potential farm-in to its £1bn Pilot project in the North Sea.
North Sea firm gets lifeline loan extension from Shell
A small North Sea player has been granted a lifeline loan extension from Shell.
New seismic work leads to resources upgrade at Orcadian’s Pilot
Reprocessed seismic data has led to a nearly 20% increase in mid-case recoverable resources at Orcadian Energy’s Pilot field, offering further incentive to potential farm-out partners.
Orcadian eyes INTOG, farm-out progress at Pilot in 2023
Orcadian Energy will look to the INTOG offshore leasing round to help progress its flagship Pilot development, chief executive Steve Brown said, as the firm looks to make headway in 2023.
Orcadian signs North Sea pact with SLB for wells at Pilot project
Orcadian Energy (LON: ORCA) has signed a pact with SLB (NYSE:SLB) to deliver dozens of wells on its flagship Pilot field in the North Sea.
Orcadian granted second extension for Pilot licence
Orcadian Energy (AIM:ORCA) has been granted a one-year extension to licence P2244 containing its flagship Pilot field, giving it further time to find partners and finalise a development decision.
Update: Orcadian raises £1m to progress Pilot North Sea project
Orcadian Energy (AIM: ORCA) has announced the successful raising of £1 million to help progress development of its Pilot project in the North Sea.
Orcadian agrees royalty share seismic deal with TGS
Orcadian Energy has signed a new deal with energy data group TGS, which will see it gain access to 3D seismic data across several of its licences in return for a share of future production royalties.
Cost of new North Sea Pilot oilfield ‘could be reduced by 75%’ by tax incentives
Costs for a planned new North Sea oilfield could be shaved by 75% with new tax incentives, the firm behind it has claimed.
Orcadian Energy gets more time with 25 million-barrel North Sea discovery
Orcadian Energy has been granted more time with one of its North Sea licences after “extensive talks” with the regulator.
‘$900 million to get to first oil’ for Pilot, says Orcadian Energy CEO
Orcadian Energy is “looking at around about $900 million to get to first oil” for the Pilot field in the central North Sea.
North Sea firm Orcadian Energy aims to raise £5m via London IPO
North Sea oil firm Orcadian Energy intends to raise £5 million via an initial public offering (IPO) in London.
Orcadian Energy making ‘great strides’ with North Sea project after letting off steam
The boss of North Sea oil firm Orcadian Energy says his team is making “great strides” on an 80 million barrel project after casting aside the original development idea.
Caverton pilots arrested for coronavirus contraventions
Rivers State Governor Nyesom Wike has personally overseen the arrest of two pilots from Caverton Offshore Support Group for illegally moving people into the Nigerian state.
Crondall steams in to help Pharis develop North Sea field
A project that would employ a pioneering heavy oil recovery technique in the North Sea has edged a step forward.
Operator ‘steams’ into North Sea frontier areas with pioneering spirit
A relatively newcomer to the North Sea is steaming ahead with plans to revolutionise the recovery of heavy oil from the North Sea.
SBM Offshore nets EDF pilot floating windfarm contract
SBM Offshore has won a contract with EDF for work on a pilot floating windfarm for its Provence Grand Large project.
GE creates new digital unit, collaborates with BP on pilot program
GE Oil & Gas has created a new Oil & Gas Digital Solutions business as well as the development on a new pilot program with BP.
The Queen is on the hunt for a £78,500-a-year pilot
The Queen is hunting for a £78,500-a-year helicopter pilot - twice as much as Prince William is getting paid as he guides his ambulance chopper on mercy missions. The job is being advertised on the British Monarchy website which says - given the status of the passengers - it is "highly desirable" that candidates have "VVIP experience." The Royal Family is full of helicopter pilots. Prince William was a search and rescue pilot at RAF Valley in Wales - before starting his new job last year as a pilot with the East Anglian Air Ambulance.
Video: CHC leads the way with tablet technology in the North Sea
North Sea helicopter operator CHC is leading the way with innovative new technology offshore. The company has replaced paper documents to create an Electronic Flight Bag (EFB). It combines pilot logs, flight procedures and other documents in the field onto one tablet device which pilots can use when flying to different North Sea destinations.
North Sea ‘mismanagement’ criticised
Energy minister Fergus Ewing will today accuse his UK counterpart of “mismanagement” of North Sea oil and demand urgent reform. Fergus Ewing is expected to meet UK energy minister Matt Hancock at a meeting of Pilot, an oil and gas taskforce which brings together government and industry representatives, in London. Speaking ahead of the meeting, Mr Ewing said: “The oil and gas industry is a strong success story for Scotland and will continue to be.