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UK set up for global gas fight as giant storage site shuts down

Already buffeted by political chaos at home and abroad, the UK gas market must now operate without its biggest stabilizing force: the giant Rough gas storage facility under the North Sea.

Expro secures $10-million well services contract extension from Apache North Sea

International oilfield services company Expro has secured a $10-million well services contract extension with Apache North Sea.

Aker BP drills dry well west of Volund field, North Sea

Aker BP ASA, operator of production licence 150 B, has completed the drilling of wildcat well 24/9-11 S.

Claxton awarded casing cutting, recovery combined services contract with southern North Sea operator

Claxton, a leading supplier of engineering and services for shallow-water, jackup-depth markets in subsea services company Acteon, has been awarded a contract to riglessly casing cut and recover a total of seven wells in the southern North Sea across two of the operator’s, normally unmanned, platforms, along with an additional subsea suspended well at one of the locations.

Aquaterra Energy wins multi-million-pound North Sea abandonment contract

Aquaterra Energy, a leading global offshore engineering solutions provider, has won a major contract to supply subsea high pressure riser (HPR) equipment and services for a subsea abandonment project in the central North Sea.

UK natural gas has worst week since 2012 as demand collapses

UK gas prices for immediate delivery posted the the biggest weekly decline in five years as works on a pipeline to mainland Europe damp demand for the fuel.

Condor Petroleum begins drilling Yakamoz-1 exploration well in Turkey

Condor Petroleum Inc., has announced that drilling has commenced on the Yakamoz-1 exploration well, which is located 2 km north of the Company’s 100% owned and operated Poyraz Ridge gas field in Turkey.

Germany, Austria tell U.S. not to interfere in EU energy sector

Germany and Austria condemned a proposed expansion of U.S. sanctions on Russia, saying the measures sought to bolster U.S. economic interests and included an unacceptable intervention in the region’s energy sector.

Maersk Oil North Sea UK receives OGA approval for interest in Scott, Telford fields

RockRose Energy has announced that the OGA has confirmed to RockRose that Maersk Oil North Sea UK Ltd will receive consent from the OGA for the assignment of their interest in licence P218.

Statoil awards EPC contract extention to TechnipFMC

TechnipFMC has been awarded an extension to its ongoing Engineering, Procurement and Construction (EPC) contract from Statoil in the Norwegian North Sea.

Rockhopper Exploration provides operational, corporate update

Rockhopper Exploration, the oil and gas company with key interests in the North Falkland basin and the Greater Mediterranean region, is pleased to provide the following operational and corporate update.

Sound Energy's Badile exploration well encounters significant gas shows in Italy

Sound Energy, the African and European focused upstream gas company, is pleased to provide an update on the drilling of the Badile exploration well, onshore Italy.

Norway emerges from downturn as growth seen at pre-crisis levels

Norway may be finally emerging from an oil downturn with companies the most upbeat they’ve been on economy since before the oil crisis, according to a central bank survey. The krone jumped on the news.

Faroe Petroleum reports preliminary results for Brasse appraisal well

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the UK and Atlantic Margin, is pleased to announce the results of the Brasse appraisal well in the Norwegian North Sea (Faroe, 50% and operator, Point Resources, 50%).

Efficiency and innovation key themes at oil & gas industry conference

How the UK oil and gas industry can continue to make significant contributions to the UK economy, was the focus of Oil & Gas UK’s fourth annual conference in Aberdeen.

Sound Energy provides operational update for Morocco, Italy assets

Sound Energy, the African and European focused upstream gas company, is pleased to confirm the commencement of operations to re-enter and test the Koba-1 well at the Company's Sidi Moktar licence, onshore Morocco, and to provide a further update on the drilling of the Badile exploration well, onshore Italy.

EMGS reports pre-funding for multi-client acquisition in Norway

Electromagnetic Geoservices ASA (EMGS) announces that the Company has entered into pre-funding agreements related to 3D CSEM data surveys in the Barents Sea and Norwegian Sea using the conventional technology and the new Deep Blue source.

Sercel successfully deploys multi-sensor solid streamer in Ireland's southern Porcupine basin

Sercel announced today that its multi-sensor solid streamer, the Sentinel MS, has been commercially deployed for the first time and is being successfully operated on a large 3D CGG multi-client survey being conducted by the CGG Geo Coral in the southern Porcupine basin in Ireland.

Northern Petroleum acquires onshore gas assets in Italy

Northern Petroleum has announced the acquisition of onshore production and development gas assets in Italy from Rockhopper Mediterranean Limited, a wholly owned subsidiary of Rockhopper Exploration Plc.

Statoil granted drilling permit for wildcat in Barents Sea

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 7219/9-2, cf. Section 8 of the Resource Management Regulations.