UK/UKCS ///

Premier Oil announces sale of Babbage Area interests

Premier is pleased to announce that it has entered into a sale and purchase agreement to sell its interests in the Babbage Area to Verus Petroleum SNS Ltd (Verus).

BP commits to two new North Sea developments

BP has committed to two new North Sea developments which are expected to produce 30,000 bbl gross boed at peak production.

Summer of LNG starts with a bang in UK as U.S. ramps up

The start of spring has heralded the return of liquefied natural gas to the UK.

Apache announces significant discovery at Garten prospect

Apache Corporation has announced a significant oil discovery on Block 9/18a Area-W in the United Kingdom sector of the North Sea. Garten is located 6 km south of the Beryl Alpha Platform.

Wood wins new contract with Lucite International

Wood has been awarded a new five-year contract by Lucite International UK Ltd, to provide industrial services at the Cassel site in Billingham, Teesside, UK.

OGIC invests more than £300,000 into new UK projects

The Oil & Gas Innovation Center (OGIC) has invested more than £300,000 into three new projects which have the potential to cut operational costs and improve efficiency in the oil and gas industry.

Faroe's hunt for oil deals could see it double in size

Faroe Petroleum Plc is hunting for offshore oil and gas assets in Norway and the UK, with an appetite that could equal the current size of the company itself -- about $550 million.

Hurricane Energy reports delivery of key subsea components for Lancaster EPS

Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, has provided an operational update in relation to the Early Production System on Lancaster field (Lancaster EPS).

DOF Subsea, Enpro Subsea partner on independent and integrated flow intervention services

Enpro Subsea and DOF Subsea HAVE announced a Memorandum of Understanding (MoU) which will leverage each company’s expertise and portfolio of assets to deliver enhanced production solutions throughout the life of field.

May seeks alternatives for Russian gas after spy scandal

The spy poisoning scandal in the UK is spilling into energy.

UK industry output jumps amid oil rebound, record factory run

UK industrial production posted its biggest monthly increase in more than a year in January, figures Friday showed.

Aging oil fields defy gravity to pump more crude

Bob Dudley, in his 38 years in the oil industry, has never seen anything like what happened with BP Plc’s old fields last year: They gushed more crude.

Aramco said to lead raft of Saudi-UK deals in prince's visit

Saudi Arabia’s national oil company signed a batch of deals with UK companies including Royal Dutch Shell Plc as Crown Prince Mohammed bin Salman visits the nation in an effort to demonstrate the kingdom is open for business.

World of Oil & Gas

Emily Querubin, World Oil

TAG Oil Ltd. (70%), operator of the Puka permit (PEP 51135) in New Zealand’s Taranaki basin, said the Pukatea-1 exploration well was drilled to 10,170 ft, MD, encountering variable hydrocarbon shows.

Hunting introduces advanced semi-premium connection

Hunting Energy Services, a subsidiary of Hunting PLC, the international energy services company, today announced the introduction of its TEC-LOCK semi-premium connection technology.

Fracers in UK pick cold as time to make point on gas supply

Britain’s natural gas fracing industry is using a cold snap that’s gripped large swathes of Europe this week and laid bare weaknesses in the UK’s energy supply to make its pitch.

Big freeze stretches UK gas supplies as prices skyrocket

The freezing weather entrenched across much of Europe is stretching Britain’s supply of natural gas with fresh snowfall forecast for much of the country.

Dutch outbid British for gas as freeze exposes supply limits

Traders in Europe’s two biggest natural gas markets were scrambling for fuel on Wednesday, sending prices soaring as freezing weather exposed supply issues.

UK set to become net crude oil exporter

For all the talk of aging oil fields and shrinking production, the UK is about to achieve a surprising feat: it’s on the brink of becoming a net crude oil exporter for the first time in 14 years.

Sparrows Group re-awarded two five-year contracts from TAQA

Sparrows Group has been re-awarded two five-year contracts with TAQA to deliver crane operations, maintenance, rigging loft and fixed lifting inspection services to its UK Continental Shelf (UKCS) assets.