UK-based independent Premier Oil has completed its deal to by E.ON's UK North Sea assets. On 13 January 2016, Premier announced that it had agreed to acquire the whole of E.ON's UK North Sea assets for a net consideration of US$120 million…
Abu Dhabi National Energy Company PJSC (TAQA) announced first oil from the new Cladhan field development in the UK North Sea on 29 December. The field was developed as a subsea tieback to the TAQA-operated Tern Alpha platform. Peter Jones…
Premier Oil is hoping to spud an exploration well on the Baguss prospect in Block 13/24c in the UK North Sea in H1 2016, according to partner North Sea Energy. The Bagpuss well targets lower cretaceous sands, jurassic sands and a granite wash formation about 1400ft subsurface…
AziNor Catalyst completed the 100% acquisition of license P1946, covering Block 15/12a in the UK North Sea from Stavanger Petroleum. The terms of the agreement will require AziNor to undertake all technical work commitments on the license…
For the UK Oil & Gas industry, today’s Autumn Statement by British Chancellor of the Exchequer George Osborne, offered the first cut in tax rates for the UK North Sea in 21 years. “There is record investment this year in the North Sea…
Calgary-based Talisman Energy has said it may suffer writedowns on its UK North Sea assets in Q4 due to battling production efficiency and cost issues on its assets in the basin. In its third-quarter report, Talisman said its UK North…
CNR International selected a consortium of AF Gruppen subsidiary AF Decom Offshore UK and Heerema Marine Contractors to remove and dispose of one of the largest platforms in the UK North Sea (pictured). Under a letter of intent, Heerema-AF Consortium's contract will cover engineering…
BG Group announced today that it has completed the sale of its 62.78% equity interest in the Central Area Transmission System (CATS) gas pipeline in the UK North Sea and associated infrastructure to Antin Infrastructure Partners. Total proceeds from the transaction…
Maersk Oil UK has been given approval from the UK and Norwegian authorities to develop the Flyndre and Cawdor fields. The fields lie about 293 km south east of Aberdeen in UK North Sea Blocks 30/13 and 30/14 (Flyndre and Cawdor) and Norwegian North Sea Block 1/5 (Flyndre only)…
Transocean is to create a new business unit called Caledonia Offshore Drilling Company to run its eight-strong North Sea midwater drilling rig fleet. The company expects to establish the new business unit during 2H 2014 and, at an appropriate stage…
EnQuest PLC to announced the appointment of Neil McCulloch as president, North Sea, effective 1 April 2014. McCulloch has held a number of senior positions in the oil and gas sector, and joins EnQuest from international oil and gas company OMV AG…
Aberdeen-based Flexlife deployed its new integrity monitoring technology, FlexGuard, at Chevron’s Captain field in the UK North Sea. The new monitoring tool provides the operator with instant, continuous monitoring of any subsea riser. This…
Premier Oil's Huntington field in the central North Sea came on stream on Friday using Sevan Marine's Voyageur Spirit FPSO.After an initial ramp up period, the field is expected to produce 25-30 kboepd (gross), said Premier. For Premier it is…
DSME awards CB&I UK Mariner topsides contractThe Mariner Field is located on the East Shetland Platform of the UK North Sea approximately 150km east of the Shetland Isles. CB&I announced today that it has been awarded a project valued in…
Carri Lockhart is Marathon’s new UK North Sea asset team MD. Her earlier posts include asset team manager for Marathon Alaska operations and business development director for North and South America.
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