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.
Steve Brown
Orcadian: Ping’s Pilot play points to ‘area plan potential’
Fresh from securing a farm-out deal, Orcadian Energy boss Steve Brown points to the strategic advantages of a new floating development at Pilot in the central North Sea.
Deal: Ping Petroleum buys control of Orcadian’s Pilot North Sea project
Orcadian Energy has confirmed Ping Petroleum has become its farm-in partner on the Pilot field, concluding long-running negotiations over the future of the North Sea development.
Updated: Orcadian raises £500k to progress North Sea Pilot field
North Sea operator Orcadian Energy (LON: ORCA) has successfully raised £500,000 by means of a share placing on the London Stock Exchange.
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 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.
North Sea firm hits back after Miliband says Labour will oppose offshore drilling
A North Sea oil and gas company has taken aim at the shadow climate and net zero secretary after he reinforced Labour’s opposition to new drilling.
North Sea oil boss tells Farage: ‘The City isn’t stepping up’ on investment plans
A North Sea oil boss has taken a swing with Nigel Farage at City of London investors for a lack of support towards the sector amid the transition.
North Sea boss appeals to Truss to incentivise spending to ‘reinvigorate’ sector
North Sea companies have hailed the new prime minister’s decision to side with the oil and gas industry.
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.
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 floats North Sea electrification plan to shave £1.6bn off costs
North Sea firm Orcadian Energy has shared its electrification blueprint for axing operational oil and gas emissions by up to 80%.
North Sea firm Orcadian Energy writes to Crown Estate Scotland to flag concerns about INTOG
A North Sea oil firm has expressed concerns about the makeup of the Innovation and Targeted Oil and Gas (INTOG) offshore wind leasing process.
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.