Enpro Subsea receives PE funding for development of production, intervention technologies

Enpro Subsea has secured investment from EV Private Equity (EV) to grow its production optimization business into new and existing international markets and further develop its range of production optimization and intervention technologies.

United Oil & Gas announces option agreement to farm into UK's Acle prospect

United Oil & Gas Plc, the London Stock Exchange listed oil and gas exploration and development company, is pleased to announce a no cost option agreement to farm into offshore Block 49/29c UK Licence P2264, which contains the Acle prospect (option agreement), jointly owned by Swift Exploration Limited (50%) and Stelinmatvic Industries Ltd. (50%).

Subsea Expo to explore overseas opportunities for UK companies

With UK subsea exports valued at almost £4 billion, Subsea UK is encouraging British firms to target international expansion to sustain long term growth.

Fluor secures contract for Shell Penguins offshore UK project

Fluor Corporation announced today that the company was awarded a contract by Shell for the engineering, procurement and fabrication of Shell’s Penguins floating production storage and offloading (FPSO) vessel in the North Sea.

United Oil & Gas announces farm-in to southern UK licences

United Oil & Gas Plc, the London Stock Exchange listed oil and gas exploration and development company, is pleased to announce an agreement to farm-in to the Corallian Energy Limited (Corallian) interests in its southern UK oil and gas assets.

Shell announces redevelopment of Penguins field in UK North Sea

Royal Dutch Shell plc (Shell) has announced a final investment decision on the redevelopment of the Penguins oil and gas field in the UK North Sea.

TWMA secures three-year contract with Total

TWMA, provider of specialized drilling waste management services, has been awarded a three-year contract with Total to provide drilling waste management services in the UKCS.

Ineos Shale challenges Scottish government's oil, gas extraction ban

Ineos Shale has announced that, with its co-venture partner Reach, it has lodged a petition for judicial review of the recent decision by the Scottish Government to “effectively ban” onshore unconventional oil and gas extraction in Scotland by introducing a new planning policy of "no support."

Wood delivers subsea contract for Celtic Interconnector project

Wood is providing EirGrid Group, Ireland’s state-owned transmission system operator and France’s counterpart Réseau de Transport d’Electricité (RTE), with subsea engineering services to the Celtic Interconnector project.

Subsea NE appoints new regional chairman

The regional advocacy group for the North-east of England’s subsea sector has appointed Bruce Heppenstall as its new chairman.

Petrofac secures rotating equipment contract with Chrysaor

Petrofac has been awarded a Rotating Equipment Management Services contract in support of Chrysaor’s operations in the UKCS.

U.S. takes gas from UK site that got first Siberian cargo

Not many people had expected the U.S. to turn to Europe for natural gas this winter.

Forties oil pipeline crack now under investigation

The UK Health and Safety Executive is investigating the causes of a crack in a key North Sea oil pipeline that disrupted production at more than 80 fields for weeks.

Key North Sea oil pipeline approaches full service after repairs

One of the world’s most important crude oil pipeline networks is nearing a return to full service following an unexpected shutdown this month, as operator Ineos AG completes repairs and ends flow limitations.

Premier's new oil field offers relief after UK pipe halt

A new UK North Sea oil field came online last week, offering one of the country’s largest independent operators some relief from a pipeline halt that forced a significant portion of the region’s output to stop.

McDermott awarded EPCC contract for Tyra redevelopment

McDermott International, Inc., today announced a substantial contract award from Mærsk Olie og Gas A/S (Maersk Oil) for engineering, procurement, construction and commissioning (EPCC) services for the Tyra Redevelopment project, located offshore in the Danish sector of the North Sea.

Subsea UK review shows £7.5-billion subsea industry supports 45,000 jobs

Subsea UK’s latest business activity review reveals that the industry is generating annual revenues of £7.5 billion, compared to £8.9 billion in 2014.

Hurricane Energy provides operational update on early production system for Lancaster field

Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, is pleased to provide an operations update on activities related to the early production system for Lancaster field (Lancaster EPS), at Drydocks World, Dubai, ahead of an analyst visit this week.

Dana Petroleum reports first oil from Western Isles development in the UK North Sea

Dana Petroleum has announced first oil from its Western Isles development in the UK North Sea. Production started on Nov. 15 and has continued steadily and in line with expectations.

EnQuest acquires 25% interest in Magnus field from BP

EnQuest PLC has announced that it has completed the acquisition of an initial 25% interest in the Magnus oil field (Magnus) in the UK North Sea, as well as a 3.0% interest in the Sullom Voe Oil terminal and supply facility (SVT) and additional interests in associated infrastructure from BP as planned.