Fossil Energy
UK approves Chevron’s plan for Captain EOR project
UK’s Oil and Gas Authority has approved Chevron’s field development plan to progress its Captain Enhanced Oil Recovery project in the Central North Sea.
Ithaca wraps up Greater Stella Area acquisitions
Ithaca Energy has completed the previously announced transactions to acquire all the Greater Stella Area (“GSA”) licenses and associated infrastructure interests of Dyas and Petrofac.
Wellesley picks up drilling permit for North Sea wildcat
The Norwegian Petroleum Directorate has granted Wellesley Petroleum a drilling permit to drill a wildcat well in the North Sea.
Deloitte: Collaboration remains key priority for operators & suppliers in UK
Collaboration between suppliers and operators in the UK Continental Shelf has continued to maintain consistent performance of the oil and gas industry, according to an annual survey published by Deloitte and Oil & Gas UK.
Macquarie buying offshore heli leasing firm Waypoint for $650M
Waypoint Leasing Holding, one of the world’s largest helicopter leasing companies which recently filed for bankruptcy protection, is set to be acquired Macquarie Group.
Decom North Sea granted funds to create decommissioning knowledge hub
Decom North Sea has secured a Decommissioning Challenge Fund grant award from the Scottish Government.
‘West Mira’ to become world’s first hybrid offshore rig
Siemens will supply a battery-based energy storage solution to the West Mira which will make it the world’s first hybrid offshore drilling rig.
Equinor gets drilling permit for North Sea wildcat
The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for a wildcat well in the North Sea.
Vissim to deliver ocean space surveillance system to Equinor
Equinor and Vissim have reached a global frame agreement to deploy its solution for surveillance of ocean space surrounding all Equinor-operated assets off UK and Norway.
Point Resources, Eni Norge merge into Vår Energi. Create Norway’s ‘largest independent E&P company’
Oil companies Point Resources and Eni Norge have completed the merger, and have as a result established a company named Vår Energi, dubbed Norway’s largest independent E&P company
Azinor Catalyst approached for stake in three upcoming UK wells
Azinor Catalyst has received a Letter of Intent for the acquisition of material non-operated interests in three exploration wells planned for 2019 on its Boaz, Goose and Hinson prospects.
Shell sanctions its 7th North Sea project of 2018 – Shearwater gas hub
Shell has made the final investment decision (FID) for a Shearwater gas infrastructure hub in the central North Sea, marking, Shell says, the company’s seventh FID for Shell in the UK North Sea in 2018.
Neptune takes over operatorship of Fenja field development
Neptune Energy has taken over the operatorship of the Fenja field development located offshore Norway.
Verus Petroleum sees 12-fold production increase after recent acquisitions
Verus Petroleum has increased production 12-fold with the closing of three latest acquisitions on the UK Continental Shelf.