Prosafe has signed a £6.1 million contract with CNOOC for the charter of the Safe Boreas accommodation vessel at the Buzzard platform in the UK North Sea.
China National Offshore Oil Company (CNOOC) has awarded a two-year North Sea contract to engineering services firm Worley.
North Sea giant Chrysaor will adopt the name of its backer once it completes the reverse takeover of Premier Oil early next year.
CNOOC has confirmed the deferral of Buzzard Phase 2, a major project to extend the life of one of the North Sea’s largest-producing oil fields.
Chinese oil firm Cnooc’s Buzzard platform in the UK North Sea may have a role to play in a flagship carbon capture and storage (CCS) project, developers have said.
CNOOC saw profits and production tumble for its North Sea business in Ray Riddoch’s final year at the helm of the operating company.
Several North Sea operators are reducing offshore crews on their UK platforms in a bid to prevent the spread of the coronavirus outbreak.
A North Sea union has condemned Wood over plans to cut sickness pay by more than 75% for its workers on CNOOC platforms.
The UK’s largest-producing oil field has once again been restarted after it was shut down for the second time in a month.
The North Sea's largest-producing oil field has been shut down for the second time in a month after a pipework repair was found to be “compromised”.
Production has been resumed at the largest-producing oil field in the UK following a shut down.
The North Sea’s largest-producing oil field has been shut down after a defect was found during an inspection.
The rise of a huge new Norwegian oil field is poised to give North Sea output one of its biggest boosts in years. The surge won’t last.
Aberdeen-headquartered Operational Excellence (Opex) Group has won a multimillion pound contract with Cnooc International on its North Sea assets.
A recovering oil price drove a boost to profits for Cnooc’s operations in the UK and Ireland in 2018.
A rig has set sail from Invergordon en route to the huge Buzzard field in the North Sea, where it will drill a number of wells.
The North Sea's largest producing oil field has been shutdown amid planned maintenance, according to a report from Reuters.
Australian energy services firm WorleyParsons today confirmed that it would carry out engineering, procurement and construction (EPC) work on Nexen's Buzzard field phase two project.
Oil firm Nexen Petroleum UK has said its partners have given it the nod to extend the life of the North Sea’s biggest producing field.
A new report predicts UK oil and gas revenues will be £400million higher every year from now until 2023 – in the latest sign that the North Sea is on the mend.
Energy consultancies Rystad Energy and Wood Mackenzie expect 13-14 North Sea developments to have reached final investment decisions (FID) by the end of this year.
Chinese oil firm Cnooc today revealed plans to spend up to £9billion in 2018, 18% of which will be devoted to exploration.
Nexen today became the latest company to confirm that production had restarted from its fields served by the Forties pipeline.
Nexen said today that it has temporarily shut down the Buzzard, the North Sea's biggest producing field, in light of the Forties pipeline closure.
Nexen Petroleum UK’s boss has said that a £500million-plus project will extend the life of the North Sea’s biggest producing field by up to 10 years.