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Chrysaor Holdings Limited is to acquire ConocoPhillips' UK oil and gas business for $2.675 billion.
DNV GL has secured a 3-year contract across the Dana Petroleum operated assets on the United Kingdom Continental Shelf (UKCS).
Multi-discipline technology, engineering group announces largest deal to date
Zennor Petroleum Limited, through its subsidiary Zennor Pathway Limited, is currently developing the 100% owned Finlaggan field in the UK Central North Sea (block 21/05c and 21/05d, Licence P2013).
As Chevron's North Sea oil and gas fields divestment progresses, Israel’s Delek Group Ltd. and U.K. chemicals company Ineos Group are top contenders, according to people familiar with the matter.
Penspen, global provider of engineering, asset integrity and project management services to the energy industry, has opened a new office in Aberdeen following a growth in demand for its engineering and asset integrity services in the area.
A new generation of subsea technology has been successfully used to improve safety and reduce cost in the North Sea oil and gas industry for the first time. Cutting-edge computing and subsea wireless IP camera technology deployed on a pipeline construction project enhanced diver safety and generated significant cost savings by avoiding the need for additional subsea vessels.
The Petroleum Safety Authority Norway (PSA) has launched an investigation into a gas leak experienced on the Aasta Hansteen field in the Norwegian Sea on April 8, 2019. This incident occurred in connection with gas flaring.
Ensco Rowan plc, has announced the completion of the previously disclosed merger of Ensco plc and Rowan Companies plc, which follows the satisfaction of the transaction’s closing conditions including overwhelming approval by each company’s shareholders and sanction by the UK Court of the scheme of arrangement implementing the transaction.
Independent global completions service company, Tendeka, has more than doubled its work in the UK offshore sector over the past twelve months.
Michele Cowart, World Oil
LUKOIL has commenced drilling new production wells at West Qurna-2 field as part of the second development phase.
Aquaterra Energy, global offshore engineering solutions company, has been awarded a contract by Lundin Norway to deliver early well construction, via its Well Start solution, on three additional wells in the Edvard Grieg field.
Norway's Labor Party holds steadfast against oil exploration in Arctic's Lofoten islands
Saipem has been awarded new contracts in offshore drilling in Norway and Middle East totaling over $200 million.
The Alliance Agreement between Neptune and TechnipFMC has been signed for an initial five year term with options for further extensions.
The Norwegian Petroleum Directorate has presented the report Petroleum Activity in the High North. The report places the petroleum activity in the High North into a historical, international and technological framework.
Dräger Marine & Offshore will supply equipment which detects and protects workers from hazardous gases to 23 platforms across the North Sea, under three new contracts worth more than $1.3 million (£1,000,000).
Petrofac has been appointed well operator by Tullow Oil for the next phase of its Thames Decommissioning Project, following the award of a contract worth around $16 million.
Lukoil continues to develop infrastructure in its Caspian Sea fields.
Chrysaor Holdings Ltd. has expressed an interest in ConocoPhillips' North Sea assets after earlier discussions with U.K. billionaire Jim Ratcliffe collapsed, according to an anonymous source.