Zennor Petroleum acquires Britannia field interest

Zennor Petroleum Limited has announced that its wholly owned subsidiary, Zennor North Sea Limited, has entered into a Sale and Purchase Agreement with Mitsui E&P UK Limited (MEPUK) in respect of its interests in United Kingdom Continental Shelf Licenses P.213, Block 16/26a, Area B and P.345 Block 16/27b Area B, which represent an 8.97% working interest in Britannia field.

Grey Matters initiative to harness oil, gas expertise to create viable new businesses

A transformative initiative which brought together redundant but highly experienced oil and gas professional, to create and launch exciting, innovative and scalable businesses is aiming to build on its success, as applications open for the third program.

Hurricane Energy completes Lancaster EPS subsea installation

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 development of Lancaster field (Lancaster EPS).

Siccar Point defers drilling of Lyon exploration well until 2019

With the Cambo well operations shortly due to complete, Siccar Point Energy E&P Limited and its JV partner have elected to defer the drilling of the Lyon exploration well (Licence P.1854) until 2019.

UK North Sea drilling at 40-year low, risking growth goals

The oil business has mostly recovered from a worst-in-a-generation crude price slump, but not everyone is celebrating.

Joint study shows data analytics can improve production efficiency, reduce maintenance costs

A joint study by the UK oil and gas industry’s Technology Leadership Board, the Oil & Gas Technology Centre and the Oil and Gas Authority (OGA) has found that adopting data analytics and digital technologies for asset maintenance and operations could increase production and lower maintenance costs worth £1.5 billion annually to the UK Continental Shelf (UKCS).

Spirit Energy farms in to Greater Warwick Area Licenses

Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, has announced that Spirit Energy Limited has farmed-in to 50% of Hurricane’s Lincoln (P.1368 South) and Warwick (P.2294) licenses, together covering the Greater Warwick Area (GWA).

Azinor Catalyst spuds 9/14a-16 well on the Agar Plantain prospect

Azinor Catalyst Limited, the Seacrest Capital Group-backed E&P Company focused on the UK Continental Shelf, has announced that the 9/14a-16 well on the Agar Plantain prospect, was spudded on Aug. 24, 2018, using the Transocean Leader drilling rig.

M2 Subsea completes North Sea survey and inspection project with Ithaca Energy

M2 Subsea has completed a contract with Ithaca Energy UK Limited to conduct a subsea system survey of a North Sea field.

Petrofac to sell interest in Greater Stella Area development

Petrofac Limited has announced that it signed an agreement to sell Petrofac GSA Holdings Limited to Ithaca Energy (UK) Limited for a total consideration of up to $292 million.

Siccar Point Energy confirms Cambo well test success

Siccar Point Energy has successfully concluded well testing operations on the 204/10a-5 appraisal well in Cambo field, northwest of Shetland.

United Oil & Gas confirms award of two blocks in the UK North Sea

United Oil & Gas Plc, the London Stock Exchange listed oil and gas exploration and development company, has announced that further to the announcement of May 24, 2018, it has accepted the formal offer from the Oil and Gas Authority, the UK oil and gas regulator, confirming the award of Blocks 15/18d and 15/19b.

Pipetech wins caisson management contract from Nexen

Pipetech, the independent process system integrity specialist, has won a project with operator Nexen to deliver Active Caisson Management on its Scott platform.

Premier Oil gets the go-ahead for Tolmount Main development

Premier Oil has announced that the development of its Tolmount Main gas field has been sanctioned by the joint venture and infrastructure partners.

Azinor Catalyst mobilizes Transocean Leader to drill Agar Plantain

Azinor Catalyst Limited, the Seacrest Capital Group-backed E&P company focused on the UK Continental Shelf, has announced that the Transocean Leader drilling rig has come on contract for the Agar Plantain exploration and appraisal well and Faroe Petroleum PLC has farmed-into Agar Plantain subject to customary regulatory and joint venture party consents.

Faroe Petroleum announces Agar-Plantain farm-in, on the UKCS

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, has announced that it has farmed into the UK Continental Shelf (UKCS) Agar-Plantain exploration and appraisal well, close to the UK/Norwegian median line, operated by Azinor Catalyst Limited (Catalyst).

Neptune Energy to acquire UK central North Sea assets from Apache

Neptune Energy Group has announced that it has entered into a Sale and Purchase Agreement to acquire certain development and exploration assets in the UK Central North Sea from Apache North Sea Limited (ANSL), a wholly owned subsidiary of Apache Corporation.

Companies in the news

Michele Cowart, World Oil

Danos has been awarded a contract by Shell Exploration and Production Company to provide coatings for Shell’s deepwater Appomattox platform in the Gulf of Mexico.

First oil

Kurt Abraham, World Oil

Consent given to fracing first onshore, horizontal well in the UK

Operators and service firms collaborate through ground-breaking subsea technology

Drummond Lawson, Subsea Technologies Ltd.

Collaboration is the driving force of the global oil and gas industry, as it faces mounting pressure to increase efficiencies, maximize production and streamline processes, both offshore and onshore.