Category: UK North Sea
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Shell, BP, Ithaca, GE Vernova book Valaris’ five rigs for oil & gas and offshore wind jobs
Shell, BP, Ithaca, GE Vernova book Valaris’ five rigs for oil & gas and offshore wind jobs Bermuda-incorporated offshore drilling contractor Valaris has divested one mobile offshore drilling unit (MODU) from its fleet and found multimillion-dollar assignments for five rigs within the oil and gas and offshore wind realms. The post Shell, BP, Ithaca, GE Vernova…
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BP is on a roll with sixth major project up and running: More North Sea oil & gas unlocked
BP is on a roll with sixth major project up and running: More North Sea oil & gas unlocked UK-headquartered energy giant BP has brought online an oil and gas field in the North Sea, which is developed as a subsea tie-back to an existing platform on the UK Continental Shelf (UKCS). The post BP…
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50% oil & gas North Sea boost on the UK’s table with cost savings and net zero within reach
50% oil & gas North Sea boost on the UK’s table with cost savings and net zero within reach With the United Kingdom’s government currently at a crossroads as it faces a critical decision over banning new North Sea exploration licenses or embracing a so-called science-backed approach that curbs emissions, Wood Mackenzie, an energy intelligence…
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UK workers’ strike threat pays off: 130-strong North Sea crew endorses pay boost with CNOOC
UK workers’ strike threat pays off: 130-strong North Sea crew endorses pay boost with CNOOC With the wage growth mission spreading its wings across North Sea platforms, offshore workers have increasingly turned to potential industrial action pursuits to get better pay deals in the UK’s offshore energy sector, as illustrated by the latest wage win…
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WATCH: Allseas vessel on decom quest carries out this year’s largest single lift in North Sea
WATCH: Allseas vessel on decom quest carries out this year’s largest single lift in North Sea EnQuest has tucked a new decommissioning milestone under its belt in the UK sector of the North Sea, thanks to the assistance received from a heavy lift vessel owned by Allseas, an offshore pipeline installation, heavy lift, and subsea…
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Billion-dollar rig jobs raise Valaris’ backlog to $4.7B
Billion-dollar rig jobs raise Valaris’ backlog to $4.7B Valaris has won a new batch of rig assignments and extensions, enabling three drillships and three jack-ups to secure work in different geographies. The post Billion-dollar rig jobs raise Valaris’ backlog to $4.7B appeared first on Offshore Energy. Melisa Cavcic Go to offshore energy biz
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North Sea operator brings JAPEX’s UK arm into its fold
North Sea operator brings JAPEX’s UK arm into its fold Ithaca Energy, a North Sea oil and gas operator and producer, has expanded its upstream portfolio with the acquisition of JAPEX UK E&P (JUK) from Japan Petroleum Exploration (JAPEX). The post North Sea operator brings JAPEX’s UK arm into its fold appeared first on Offshore…
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UK’s new guidance sheds light on North Sea oil & gas game as application window opens
UK’s new guidance sheds light on North Sea oil & gas game as application window opens In the wake of a Supreme Court ruling, marking the first inclusion in Britain’s history of greenhouse gas (GHG) emissions from the combustion of oil and gas in environmental impact assessments (EIAs) for hydrocarbon extraction projects, the United Kingdom…
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Gas uptick for Shell’s North Sea development project
Gas uptick for Shell’s North Sea development project Shell has disclosed better porosity and permeability than previously assumed for its natural gas discovery in the North Sea, which is situated on the UK Continental Shelf (UKCS). This led the firm’s partner, Deltic Energy, to reveal a boost in recoverable gas volumes from the project. The post…
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UK oil & gas duo mulling over potential merger
UK oil & gas duo mulling over potential merger Serica Energy and EnQuest have taken steps to engage in talks over a potential business combination that has the opportunity to create a bigger combined company with a total market capitalization of nearly $1 billion. The post UK oil & gas duo mulling over potential merger…
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Multi-billion projects at stake: Another blow for UK’s largest untapped oil & gas duo but Shell, Equinor, and Ithaca remain upbeat
Multi-billion projects at stake: Another blow for UK’s largest untapped oil & gas duo but Shell, Equinor, and Ithaca remain upbeat Which side will come on top is not yet clear, but it is unlikely that either will throw in the towel at this late stage in the UK’s oil and gas saga without a…
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Noble rigs score more work with TotalEnergies, BP, and TAQA as Inpex opts for early termination
Noble rigs score more work with TotalEnergies, BP, and TAQA as Inpex opts for early termination Noble Corporation has secured further work for two floaters in Nigeria with France’s TotalEnergies and in the UK with TAQA while one of its jack-up rigs also got more work in Britain with BP. However, Inpex has decided to…