North Sea oil news
24 licences offered in second tranche of 33rd oil and gas licensing round
Shell, Equinor, bp, Total and NEO are among the 17 separate companies which have been offered a total of 24 licences in the second tranche of the 33rd oil and gas licensing round.
Equinor awarded 39 new production licences on the Norwegian continental shelf
Equinor was awarded 39 new production licences by the Ministry of Energy in this year's Awards in Predefined Areas (APA).
Dry well in the North Sea
Equinor’s exploration well 30/4-4 in the North Sea is dry. The well was drilled about 7 km north of the Martin Linge field in the North Sea and 180 km west of Bergen.
Valaris announces contract awards and fleet status updates
Valaris Limited has announced new contracts and contract extensions, with associated contract backlog of approximately US$1.14 billion, awarded subsequent to issuing the Company’s most recent fleet status report on November 1, 2023.
Subsea7 awarded contract in North Sea
Subsea7 S.A. has announced the award of an extension of an existing frame agreement by bp, for subsea construction, inspection, repair and maintenance services (IRM), across bp’s North Sea assets.
Capricorn provide North Sea contingent payment update
Capricorn has entered into an agreement for the full settlement of the payment terms of its sale and purchase agreement with Waldorf Production UK PLC relating to the disposal of its previously held interests in the Catcher and Kraken fields.
Dutch large-scale CO2 storage project L10CCS reaches FEED phase
Neptune Energy and its partners EBN, Tenaz Energy and ExxonMobil Netherlands CCS, have progressed the L10CCS project from the Concept Select phase into the next Define/FEED phase.
Neptune Energy announces Kyrre discovery and confirmed Ofelia volumes in Gjøa area
Neptune Energy and its partners has announced a new discovery at the Kyrre prospect and confirmed the volumes for the Ofelia appraisal well, both located in the PL 929 licence, close to the Gjøa field in the Norwegian sector of the North Sea.
Expro leads the largest surface well testing operation in Norway
Expro has been awarded a corporate frame agreement to deliver well testing services for Equinor in the Norwegian Continental Shelf (NCS).
Extension of deepsea Aberdeen on Breidablikk field
Odfjell Drilling has announced that Equinor has exercised options for seven wells to extend the use of the Deepsea Aberdeen on the Breidablikk field.