North Sea oil operators delay projects due to election uncertainty
Viaro, TotalEnergies and Ping Petroleum have all been tipped to slow progress on UK projects due to political uncertainty.
Buchan
Serica moves closer to Buchan stake approval
Serica Energy expects its acquisition of a 30% stake in the Buchan redevelopment to materialise this month, soon after the field’s environmental statement was submitted to the regulator.
NEO and Jersey pick FPSO for $900m Buchan North Sea redevelopment
NEO Energy has selected an FPSO for the Greater Buchan Area oil redevelopment in the North Sea.
NSTA grants licence extension for Buchan field
The North Sea Transition Authority has granted a licence extension to Jersey Oil and Gas for its Buchan field.
Repsol Sinopec charts expected $3.6bn decom spend
Repsol Sinopec Resources UK (RSRUK) says it expects to spend nearly $3.6 billion on decommissioning over the next thirty years, according to company filings.
Jersey Oil and Gas expects to find Buchan partner by Q1 2023
Jersey Oil and Gas (LON:JOG) expects to conclude farm-out talks on its flagship Buchan field by Q1 2023, "if not by the end of the year".
EnQuest and Repsol Sinopec set out clutch of upcoming decom contracts
North Sea operators EnQuest (LON:ENQ) and Repsol Sinopec Resources UK have set out a series of upcoming decom contracts for nearly 200 oil and gas wells.
First Marine wins multi-million contract with Well-Safe
First Marine Solutions (FMS) has announced the award of a seven-figure consultancy contract to support Well-Safe Solutions with the Buchan and Hannay decommissioning campaign.
Well-Safe lands ‘groundbreaking’ decom contract with Repsol Sinopec
Well-Safe Solutions has landed a “groundbreaking” decommissioning campaign contract with Repsol Sinopec in the UK North Sea.
Jersey resets timeline for flagship Buchan field over electrification plans
Jersey Oil and Gas is resetting the timeline for its flagship Buchan field, which had been due for an investment decision next year, in order to allow for electrification studies to take place.
Jersey sets out Carbon Policy to identify and report North Sea emissions
Jersey Oil and Gas (JOG) has taken further steps to underline its ESG credentials with a new “carbon policy”.
Jersey ready to test interest in Buchan project, warns of ‘green premium’ for electrification
Jersey Oil and Gas is ready to test the market’s interest in its Greater Buchan Area (GBA) again after unveiling its £1 billion development concept, with platform electrification as a cornerstone.
Schlumberger study brings ‘significant uplift’ to Buchan resources for Jersey
A Schlumberger study has brought a “significant uplift” to resource estimates at the Buchan oilfield in the North Sea, Jersey Oil and Gas (JOG) has announced.
Jersey plans to electrify Buchan area
A North Sea minnow outlined plans to put its Greater Buchan Area (GBA) development project at the heart of the energy transition at Subsea Expo yesterday
Equinor sells back stake in ‘disappointing’ Verbier field to Jersey Oil and Gas
Jersey Oil and Gas is back on the hunt for partners to develop its Verbier discovery after energy giant Equinor decided to sell back its 70% stake.
Jersey shares sink as Equinor snubs Buchan area stake
Jersey Oil and Gas today insisted that its Greater Buchan Area (GBA) project is “very exciting” despite Equinor turning down a stake in the acreage.
Updated: Jersey sets out to develop Buchan assets ‘with vigour’, narrows first-half losses
North Sea minnow Jersey Oil and Gas has started plotting out the development of 120 million barrels of oil in the Greater Buchan Area (GBA) of the outer Moray Firth.
Buchan area plan viable without new platform, analyst says
More oil could be pumped from the Greater Buchan Area (GBA) without the costly installation of a new platform or floating production facility, an analyst said.