• Petrofac wins Petrogas NEO service contract

    January 8, 2020

    Petrofac has been selected by Petrogas NEO UK – a joint venture created by Petrogas E&P UK and NEO Energy, a portfolio company of private equity fund HitecVision – to establish the company’s new North Sea operations following its recently announced asset acquisition. In a two-year deal valued in the region of $50 million, Petrofac will integrate services across operations, projects and well engineering. As well as assisting in the transition of operations on the Quad 15 & Flyndre area assets, Petrofac will also provide ongoing operational, maintenance, engineering and construction support, as well as well engineering and project management support ...
  • BP agrees sale of Andrew area, Shearwater to Premier Oil

    January 7, 2020

    BP has agreed terms to sell its interests in the Andrew area in the central UK North Sea and its non-operating interest in the Shearwater field to Premier Oil, in a $625 million deal. BP operates the Andrew assets – comprising the Andrew platform, the Andrew (62.75%), Arundel (100%), Cyrus (100%), Farragon (67%) and Kinnoull (77.06%) fields and associated subsea infrastructure. It also holds a 27.5% stake in the Shell-operated Shearwater field. The Andrew assets are expected to transition to Premier Oil as a fully operational entity with 69 staff who operate and support the assets. There is no transfer of staff ...
  • Serica awarded out-of-round licence for Eigg prospects

    December 18, 2019

    Serica Energy (UK) Limited has received an Out of Round award of a 100% interest in the UK petroleum licence P2501, blocks 3/24c and 3/29c. These are located in the area adjacent to the Serica-operated Rhum field. The award contains the HPHT North Eigg and South Eigg prospects. The primary prospect is North Eigg which is estimated to contain 360 bcf (P50) and potentially over 1Tcf (P10) of recoverable gas, and is interpreted to share geological similarities with Rhum. Serica has committed to drilling an exploration well within three years and in the event of a commercial discovery intends to develop the ...
  • OGA publishes energy integration report

    December 17, 2019

    Integrating the UK offshore energy sector, including forging closer links between oil and gas and renewables, can reduce carbon emissions from oil and gas production and support delivery of the UK’s net-zero target, according to a new report published by the Oil and Gas Authority (OGA). The report, titled “UKCS Energy Integration: Interim Findings,” discusses the first phase of the UKCS Energy Integration project – led by the OGA in conjunction with BEIS, the Crown Estate and Ofgem – and considers options to help feed into a new strategic vision of the UKCS as an integrated energy basin. It also considers how ...
  • Halliburton and Petrofac join Maersk Drilling exploration programme

    December 17, 2019

    Maersk Drilling has signed agreements with Halliburton and Petrofac to collaborate on the exploration programme to be delivered under its master alliance agreement with Seapulse. The Seapulse portfolio spans shallow water and deepwater wells in several regions. Two wells in the UK North Sea have previously been announced as part of the work scope, which is expected to start drilling in the second half of 2020. A tailor-made process covering all phases in the end-to-end delivery of a well has been developed with the aim of maximising efficiency and removing waste through a novel approach to collaboration. Maersk Drilling will be responsible ...
  • Rockrose prepares West Brae development campaign

    December 11, 2019

    Rockrose Energy has announced that the Noble Houston Colbert jack-up drilling rig is preparing to drill the first of two planned infill development wells on West Brae. Designated WPGZ and WPOZ, these two wells are designed to access 2P reserves of over 8 million barrels (gross) and to support Brae Complex output by up to 6,000 bopd (gross). WPGZ is expected to come onstream before the end of the first quarter of 2020, while first oil from WPOZ is anticipated in the second quarter of 2020. RockRose is the operator of West Brae, holding a 40% working interest. Read more…  
  • READ opens new North America facilities

    December 11, 2019

    Cased hole logging specialist READ Cased Hole has reinforced its commitment to the North American oil and gas market by opening new facilities in Houston and Anchorage. The move enhances READ’s capacity to meet increasing demand for well integrity, production logging, reservoir evaluation and data analysis services throughout the region. In Houston, READ now operates from a 9,000 square feet facility comprising offices, a technical workshop, a laboratory and warehouse storage. Additionally, to service Alaskan oil and gas operators, READ has relocated to a new and improved customer support office in Anchorage. Read more…  
  • DEKRA explores how to cultivate the next generation of HSE experts

    December 10, 2019

    In a new blog post, DEKRA Organisational Reliability notes how companies that have historically relied on the expertise of foreign nationals to provide leadership, especially around safety, are looking increasingly to their own citizens to fill these positions. Finding experienced, qualified candidates presents challenges where safety legislation is weak, educational opportunities are insufficient and organisational culture de-emphasises HSE. There are paths to success, however, that emerge when safety becomes a value and that enable companies to become agents for change. Read more…  
  • Equinor starts up third UK development in 2019

    December 9, 2019

    6 December saw Equinor UK and its partners commence production from Barnacle, the company’s third upstream development in the UK to come onstream in 2019. Barnacle is located in UK waters, just 2km from the UK-Norway maritime border and consists of one extended reach well tied back to the Statfjord B platform. The field is the first in Equinor’s portfolio to be fully located in the UK but produced through existing infrastructure in Norway. An accelerated development programme meant it was completed in just 14 months, from licence award to the start of production. Read more…  
  • SSI RM supports Global Marine success

    December 9, 2019

    Specialist security risk management company SSI RM successfully accompanied Global Marine across 18 site reconnaissance visits in the Philippines in November. Assessing site suitability for a possible large future cable lay network, SSI RM deployed three travel managers to accompany three Global Marine teams across the countrywide campaign, which took place over a three-week period. Undertaking dynamic On the Move (OTM) and Deliberate Risk and Threat (DRT) assessments, SSI RM was able to provide assistance during challenging periods of travel and manoeuvring. The recces provide a foundation for the growth of Global Marine’s development in south-east Asia. Read more…