Sparrows Group secures five-year contract for Maersk Oil's UK floating assets

Sparrows Group has secured a five-year contract to deliver hydraulic, lifting and rigging services for Maersk Oil’s UK floating assets.

iSURVEY secures rig positioning contract with Shell

iSURVEY has secured a non-exclusive call-off contract with Shell UK, Shell NAM, Norske Shell and Shell E&P Ireland for the provision of rig positioning and surveying services.

Shell shakes up oil trading world with brash buying sprees

The giant tankers anchored along the Scottish coast in the Firth of Forth weren’t going anywhere. They were just providing floating storage because there was no demand for their cargo, North Sea crude oil.

Kraken FPSO hooked up, on track for delivery of first oil

EnQuest has announced that the Kraken Floating Production Storage and Offloading (FPSO) vessel arrived at the field on Monday, Feb. 13.

Wood Group appoints new European president

Wood Group has appointed Alan Johnstone as president of its Asset Life Cycle Solutions business in Europe.

ENGIE E&P UK reports first gas from Cygnus field, securing 5% of UK gas production

Cygnus, located in licence areas P1055 & P1731, 150 km off the coast of Lincolnshire, is expected to contribute 5% of UK gas production – supplying sufficient gas to heat the equivalent of 1.5 million UK homes. The project added approximately £1.3 billion to the UK economy and supported nearly 5,000 jobs during its five-year development period.

EIC launches UK energy initiative for survival of challenging market conditions

The Energy Industries Council (EIC), a trade association for UK companies that supply goods and services to the energy industries worldwide, officially launches its UK Energy Supply Chain: How to thrive and survive initiative today.

Weatherford UK Secure Drilling Services facility achieves API Q2 certification

Weatherford International plc announced today that its Secure Drilling Services facility in Aberdeen, Scotland, received API Specification Q2 certification — making it the first API Q2-certified facility in the United Kingdom.

New technology center to enhance exploitation of North Sea oil and gas

Today, Lord Dunlop, UK Government Minister for Scotland and Paul Wheelhouse MSP, Scottish Government Minister for Business, Innovation and Energy opened the new £180-million Oil & Gas Technology Center in Aberdeen.

The Getech Group wins OGA 21CXRM contract for UKCS study

Getech, providers of natural resources exploration data and information expertise, has been awarded a contract by the Oil and Gas Authority (OGA), in collaboration with the 21CXRM Technical Advisory Committee, for a petroleum system-related study of the United Kingdom Continental Shelf (UKCS) South West Approaches region.

Public consultation begins on Brent oil and gas field decommissioning program

An extended 60-day public consultation on recommendations to decommission the Brent oil and gas field in the North Sea has begun following submission by Shell UK Limited (“Shell”), the field’s operator, of a comprehensive decommissioning program to the Department for Business, Energy and Industrial Strategy (BEIS).

Petrofac secures BP maintenance contract worth $25 million

Petrofac is set to build on its provision of maintenance services for BP, following the award of a three-year extension to its existing contract in the North Sea.

Europa Oil & Gas farms out Holmwood prospect in Weald basin, UK

Europa Oil & Gas has announced that is wholly owned subsidiary has signed a farmout agreement (FOA)—in relation to a 12.5% interest in the PEDL143 licence, in the Weald basin—with a wholly owned subsidiary of Angus Energy.

Subsea sector set to increase exports in 2017, Subsea UK survey says

British subsea companies are expecting to increase overseas activity in the next 12 months, according to a survey conducted by industry body, Subsea UK.

Shell sets trend through shared decommissioning costs in North Sea

Royal Dutch Shell Plc’s $3.8-billion sale of North Sea oil and gas fields creates a model for further transactions in a region where the question of who pays to remove decades-old offshore platforms has been an obstacle for other deals.

Bibby Offshore extends charter agreement for Bibby Topaz

Bibby Offshore has announced the long-term extension to the charter of its dive-support vessel (DSV) Bibby Topaz, owned by Volstad Maritime.

Shell sells North Sea asset package for up to $3.8 billion

Shell has agreed to sell a package of UK North Sea assets to Chrysaor for a total of up to $3.8 billion, including an initial consideration of $3.0 billion and a payment of up to $600 million between 2018-2021 subject to commodity price, with potential further payments of up to $180 million for future discoveries.

Total awards contract for Safe Caledonia semisubmersible to Prosafe

Total E&P UK Limited has awarded Prosafe a contract for the provision of the Safe Caledonia semisubmersible accommodation vessel at the Elgin-Franklin Facility in the UK sector of the North Sea.

Canada Pension said to join bid for Shell’s North Sea assets

Canada Pension Plan Investment Board has joined a group that’s in advanced talks to buy a package of Royal Dutch Shell’s UK North Sea assets for more than $2 billion, people familiar with the matter said.

BP to sell part of interests in Magnus field and Sullom Voe terminal in UK North Sea to EnQuest

BP today announced it has agreed to sell part of its interests in the Magnus oil field and some associated pipeline infrastructure in the UK northern North Sea and in the Sullom Voe Terminal (SVT) on Shetland to EnQuest.