UK/UKCS ///

Ineos appoints new shale boss to build a UK natural gas boom

Ineos AG, Britain’s largest closely held company, has taken another step toward creating a shale boom on its side of the Atlantic.

UK North Sea oil faces quickening decline if no Brexit deal

The UK oil and gas industry faces a faster decline if Prime Minister Theresa May fails to agree to a trade deal with the European Union, as restrictions on the movement of workers and equipment would increase costs.

Statoil reports oil discovery in Verbier sidetrack on UK continental shelf

Statoil and partners have made an oil discovery in the Verbier sidetrack well in the outer Moray Firth on the UK Continental Shelf, proving a minimum of 25 million recoverable barrels of oil in the immediate vicinity of the wellbore.

Petrofac secures North Sea contract extension with Chevron

Petrofac has secured a contract extension from Chevron North Sea Limited (Chevron) for the provision of engineering services; an agreement it has held since 2014.

UK energy users have a taste of Brexit and don't like It

Britain is getting a preview of what some energy bills might be like after Brexit. And it’s not popular.

Providence Resources provides update regarding Porcupine basin operations

Providence Resources, the Irish based Oil and Gas Exploration Company, today provides an operational update regarding Frontier Exploration Licence (FEL) 2/14 located in the southern Porcupine basin.

New hope for Jersey Oil & Gas’ Verbier well as Statoil recommends side-track

Jersey Oil & Gas has given investors some fresh hope that value could be salvaged from the Verbier exploration well, with news that a side-track is being drilled to test another target.

Premier Oil sells Wytch Farm field for $200 million

Premier has announced pleased to announce that it has entered into a sale and purchase agreement to sell its entire interests in Licences PL089 and P534, which contain Wytch Farm field, to Verus Petroleum SNS Limited for a cash consideration of $200 million.

Oil giants still love North Sea despite asset sales

Europe’s biggest energy companies have a message for the aging UK North Sea oil industry: We may be selling assets, but that doesn’t mean we’re heading for the exit.

Expro secures multi-million-dollar well services contract with Repsol Sinopec

International oilfield services company, Expro, has secured a five-year master services agreement with Repsol Sinopec Resources UK Limited, for well services across its UK North Sea assets.

Expro secures 26-well abandonment contract for UK North Sea

International oilfield services company, Expro, has been awarded a substantial contract from global oil and gas company Maersk Oil for the provision of subsea and well test services on two offshore units in the North Sea.

UK North Sea oilfield startups surge to 10-year high

The UK North Sea is on track for the biggest year of oil and gas field startups in a decade, continuing the aging province’s surprising resilience to the crude-market slump.

Total starts production at Edradour & Glenlivet fields, West of Shetland

Total has announced start-up of production from the Edradour & Glenlivet gas and condensate fields, located in about 300 to 435 m of water in the West of Shetland area, close to Laggan-Tormore fields, which came on stream in February 2016.

John Crane Asset Management wins Culzean field maintenance contract with Maersk Oil

John Crane Asset Management Solutions has secured a contract to supply Maersk Oil with data services to support the planned maintenance strategy at one of the largest new developments in the UK North Sea.

CAN Group retains North Sea integrity contract

CAN Group has retained a key contract in the UKCS to provide topsides inspection and integrity support services for Apache North Sea’s assets in the UKCS.

FairfieldNodal to acquire UK-based provider of marine geopysical services

FairfieldNodal has announced that it is in advanced discussions with Thalassa Holdings to acquire WGP Group Ltd., a premier provider of marine geophysical services headquartered in the UK.

Premier Oil confirms sale of its interest in Wytch Farm field in England

Premier Oil confirms that it has reached agreement with a third party for the disposal of its entire 33.8% interest in Wytch Farm field in Dorset, England.

Total snubs "expensive" U.S. shale with North Sea-focused deal

When Total SA warned last month it was ready for acquisitions, U.S. shale assets weren’t at the top of its shopping list.

NXG Drilling Services expands with move to Aberdeen

NXG Drilling Services has invested more than £2 million in two new northeast operations to cope with increased demand for its tools and equipment solutions.

Chevron, Chrysaor sign software contracts with Aberdeen’s Arnlea

Arnlea, an oil and gas asset management software business, has secured contracts with operators Chevron and Chrysaor.