Archer lands $165m decommissioning deal with Repsol Sinopec
Oilfield services firm Archer (OSLO: ARCH) has landed a major decommissioning contract with Repsol Sinopec in the North Sea.
Oilfield services firm Archer (OSLO: ARCH) has landed a major decommissioning contract with Repsol Sinopec in the North Sea.
Europa Oil and Gas, i3 Energy and Repsol Sinopec are looking at unitising their Tain and Serenity developments after appraisal drilling at the latter proved disappointing.
Repsol Sinopec Resources UK (RSRUK) has appointed Luis Polo as its new chief executive, replacing Nicolas Foucart who only took up the role in September.
Pictures have been released of offshore workers who are carrying out strikes on BP and Repsol Sinopec platforms in the North Sea.
Aberdeen-based Repsol Sinopec UK has appointed a new chief operating officer, Peter Medlam will take on the role at the start of next month.
Accommodation vessel operator Prosafe has been awarded a contract extension for its Safe Boreas unit in the North Sea.
Repsol Sinopec Resources UK has appointed Nicolas Foucart as its new chief executive, replacing Jose Luis Muñoz as of today.
The industry trade body has hit back at a series of unofficial strikes taking place in the North Sea.
A roster of North Sea players has been brought together to begin pre-front end engineering and design studies (pre-FEED) for the Marigold field, which will be developed via Repsol Sinopec’s Piper Bravo platform.
The Piper Bravo platform is being moved ahead as the preferred option to develop a joint Hibiscus and Ithaca Energy project in the North Sea.
A collaborative model for trialing new technologies has been deemed a success by a trio of major operators, as the sector races to drive down the costs of well decommissioning.
Repsol Sinopec Resources UK (RSRUK) has confirmed a worker has tested positive for Covid-19 on board a North Sea production ship.
North Sea decommissioning is estimated at £46billion and the regulator recently warned that the industry may fall short of its cost cutting target. However, "groundbreaking” deals are emerging which could make significant headway.
Aberdeen’s Talisman House office block has been put up for sale for £19.5million, raising the prospect of the biggest commercial property deal in the city since the start of the Covid-19 crisis.
Westhill-based i3 Energy has said it will seek to drill an appraisal of its “company-maker” Serenity project as early as the first quarter of next year.
Some of the North Sea oil and gas industry’s biggest players, including Neptune Energy, BP and TotalEnergies, are in the running to pick up a gong at the OGUK Awards.
Ithaca has agreed to acquire the North Sea assets of Marubeni in a $1billion deal, according to a news report.
Repsol Sinopec Resources UK took losses of nearly three quarters of a billion dollars during an “extraordinary” and “challenging” 2020.
North Sea operator Repsol Sinopec Resources UK (RSRUK) has struck a deal with Bluewater to extend the charter of the Bleo Holm FPSO.
The Health and Safety Executive (HSE) has condemned Repsol Sinopec following a gas leak and shutdown of the Piper Bravo platform, which came after failing to carry out major repairs.
The Oil and Gas Authority (OGA) has forecast that the number of suspended wells in the UK North Sea will surge beyond 1,550 within five years.
Neo Energy intends to make a call on the redevelopment of the Affleck field in the UK central North Sea “in the next few months”.
A new alliance has been formed giving North Sea oil firms a quicker and cheaper means of developing their fields using platforms owned by Repsol Sinopec Resources UK (RSRUK).
Marubeni Corp. could all but exit the UK North Sea as it looks to sell its main oil and gas fields in the region, according to people with knowledge of the matter.
Bosses at Three60 Energy are targeting significant financial growth and a recruitment drive across the global energy service group.