JAPEX considering North Sea exit by selling Seagull stake
Japan Petroleum Exploration (JAPEX) is considering exiting the North Sea as it seeks buyers for its stake in the Seagull oil and gas field, Reuters has reported.
Seagull
BP hails start up of 50m-barrel Seagull project
The new development is the first tieback to the ETAP hub in 20 years.
BP: Resource plans enough for 20 years of production
BP holds around 18 billion barrels of oil equivalent in its resources plan – enough to maintain production for the next two decades, executives confirmed this week.
Neptune Energy’s Seagull project to start up in July
The firm behind the upcoming Seagull development in the North Sea, Neptune Energy, has posted Q1 pretax profits of $1,057.6 million.
JAPEX to invest millions in Norway oil exploration via Longboat Energy
Japan’s JAPEX is to invest millions of dollars in exploration in Norway via Longboat Energy.
Neptune Energy expects £53m windfall tax hit as budget looms
Neptune Energy has become the latest North Sea operator to forecast its windfall tax hit ahead of the Spring Budget tomorrow.
Neptune Energy doubles annual profits amid production boost
Neptune Energy pulled in pre-tax profits of $3 billion last year as oil and gas prices “soared” across Europe.
Sweet 16: The key North Sea projects due to come onstream before 2027
A host of major oil and gas projects dotted around the North Sea are due to start-up production in the next few years.
BP to bring online five ‘resilient hydrocarbon’ projects in 2023
BP (LON: BP) has said it is on course to deliver five “resilient hydrocarbon” projects this year, as it prepares to report its results for 2022.
Prosafe lands extension worth $3.5m with BP for Seagull project
Prosafe (OLSO: PRS) has landed its first extension worth $3.5m (£3.1m) with BP to support development of the Seagull field in the UK North Sea.
UK North Sea to lead global charge on major subsea projects
The UK will lead the way on the number of major subsea projects coming globally over the next five years, according to new analysis.
Ten new North Sea oil projects could deliver nearly 1.5 billion barrels
Key North Sea oil projects currently in the pre-final investment decision (FID) phase could deliver nearly 1.5 billion barrels, according to new research.
Neptune Energy back to profits after oil and gas price rally
Stronger oil and gas prices brought North Sea operator Neptune Energy back to profits in the first half of 2021.
Neptune will ‘absolutely go for it’ if opportunity knocks in hot North Sea market
A boss at Neptune Energy has suggested the firm is prepared to flex its muscles in an increasingly hot UK North Sea mergers and acquisitions (M&A) market.
Interview: NHV CEO hopes oil price bump can get helicopter market to ‘more sustainable situation’
The CEO of NHV hopes the restoration of oil prices can help the beleaguered helicopter market “to a more sustainable situation”.
Neptune Energy picks NHV Group for Seagull flights
Belgian firm NHV Group has clinched a contract to provide crew transfer services for Neptune Energy's Seagull project in the North Sea.
Neptune Energy kicks off drilling on 50million barrel Seagull project
Neptune Energy, along with partners BP and Japex, have kicked off drilling for the Seagull project in the North Sea.
Neptune falls to third-quarter loss but North Sea projects brighten outlook
Neptune Energy fell to a loss in the third-quarter as its figures came under pressure from lower oil and gas prices and “operational issues” in Norway and Algeria.
Neptune forges ahead with 50m barrel project as subsea construction starts
Private-equity-backed Neptune Energy has kicked off the subsea construction phase of its Covid-delayed Seagull project offshore UK.
Concerns UK oil regulator ‘losing balance’ in net-zero push, Neptune chief says
The North Sea oil industry’s old guard is concerned that the sector’s regulator is “losing balance” as a result of its efforts to help government meet net-zero targets, a top boss has claimed.
Neptune Energy ‘assessing impact’ of Covid-19 on Seagull schedule
Neptune Energy is “assessing the impact” Covid-19 will have on the delivery of its 50million barrel Seagull development in the UK North Sea.
BP pushes back Clair South FID to help bolster project’s low-carbon credentials
BP has pushed back a final investment decision (FID) on its Clair South project to make sure it aligns with low carbon ambitions.
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.
Neptune hands out drilling deals worth £30.8m for North Sea project
Neptune Energy and partners have dished out drilling services contracts worth £30.8 million for its 50 million barrel Seagull project in the UK North Sea.
Neptune eyes 110,000 barrels per day boost from new projects
New projects will raise production at private-equity-backed Neptune Energy by 110,000 barrels of oil equivalent (boe) per day in the next two years.