WorldOil Neptune announces first gas from Dutch North Sea well Neptune Energy announced first gas from the new L5a-D4 well in the deepest producing gas field of the Dutch North Sea. Ashtead Technology supports Northern Lights carbon capture project offshore Norway Developed by Equinor in partnership with Shell and Total, the Northern Lights project aims to securely collect and transmit CO₂ from onshore sources and store it under the seabed. Following Repsol’s lead, Equinor includes end use in its climate goals The move, which Equinor had initially resisted, is another illustration of the tremendous pressure building against the oil industry to act on climate change, including from a growing proportion of major investors. Defining the oilfield service sector’s role in meeting CO₂ goals As operators worldwide set ambitious net-zero-emissions goals, oilfield service companies have an opportunity to both play a key role in meeting these targets, and take a leadership position in shaping the path of the coming energy transition. Oceaneering and Aquaterra Energy ink decommissioning collaboration Under the agreement, the companies will offer tooling and services in four distinct areas: platform well abandonment, subsea well abandonment, topside and jacket removals and subsea removals. Norway’s recent oil investment boom probably also its last Western Europe’s biggest oil and gas producer just witnessed its final investment boom, according to Norway’s largest bank. Maersk Drilling wins contract extension for low-emissions rig offshore Norway In direct continuation of the rig’s current workscope, Maersk Integrator will move to the Ivar Aasen field offshore Norway to drill two wells, with work expected to commence in October 2020. OPEC sees growing supply threat from rivals beyond U.S. shale OPEC’s latest forecasts suggested a weaker outlook for global oil markets this year as surging supplies from competitors from Norway to Guyana threaten the group’s efforts to defend crude prices. Neptune Energy awarded 13 licenses in Norway’s continental shelf Odin Estensen, managing director of Neptune Energy in Norway, said “The awards support our strategy to grow operatorship and acreage in and around our core areas. Through this latest licensing round we have secured four more awards than in 2019, a record for our company in Norway.” Equinor awarded 23 new production licenses on the Norwegian continental shelf “The award enables us to mature new prospects and prove profitable resources that can be developed within the scope of our new climate roadmap for the Norwegian continental shelf,” said Nick Ashton, Equinor’s senior vice president for exploration in Norway and the UK.