Valaris secures £51m North Sea contract extension with Shell
Shell has handed drilling contractor Valaris $60 million (£51.8m) to continue using one of its jack-ups in the North Sea.
DNO
DNO makes move into West Africa with Foxtrot fling
Norway’s DNO has struck a deal to buy a stake in Foxtrot International, which owns gas producing assets in Cote d’Ivoire.
Shell and DNO still exploring opportunities at Edinburgh despite setback
Shell (LON:SHLE) and DNO (OSLO:DNO) haven't given up on a North Sea licence just year, despite a lack of success in the area so far.
Shell to plug hotly awaited Edinburgh well after it comes up dry
A North Sea exploration well, previously tipped as one to watch, is to be plugged and abandoned (P&A) after coming up dry.
Heerema offloads Ketch platform in Rotterdam ahead of decommissioning
A North Sea platform has been dropped off in the Netherlands ahead of being broken up.
Shell spuds much-anticipated Edinburgh well
Shell has spudded its hotly tipped Edinburgh exploration well near the UK-Norwegian border – potentially one of the largest remaining undrilled structures in the central North Sea.
Heerema wins Ketch and Schooner decom work
Heerema Marine Contractors has been awarded a decommissioning contract for the integrated engineering, preparation, removal, and disposal (EPRD) of the Ketch and Schooner platforms, by owner DNO.
Industry ‘first’ as on-the-rig simulator used for P&A campaign
Well Expertise has hailed an industry “first”, using an on-the-rig training simulator for a plug and abandonment (P&A) campaign.
Kurdistan to cut payments to producers
Kurdistan has told producers that it is cutting payments for oil production, in light of continued pressure from COVID-19.
Longboat taking part in a number of North Sea acquisition processes
Bosses at Longboat Energy are “participating” in a number of acquisition processes as the London-listed firm looks to do its maiden deal.
Exxon sells Kurdistan stake to DNO
DNO has bought out ExxonMobil’s 32% stake in the Baeshiqa licence, increasing the Norwegian company’s stake to 64%.
Tawke output slips in 2020
The Tawke licence in Kurdistan produced 110,300 barrels per day in 2020, DNO has reported, down from 124,000 bpd in 2019.
Three60 Energy bosses predict strong growth and creation of 50 global roles
Bosses at Three60 Energy are targeting significant financial growth and a recruitment drive across the global energy service group.
UK North Sea exploration well tipped as ‘one to watch’ in 2021 by Westwood Global
An oil and gas market researcher has highlighted a UK North Sea exploration well expected to be drilled this year by Shell as “one to watch”.
Updated: HALO acquires the Schooner field for ‘reactivation’ – but not its production platform
Hague and London Oil (HALO) has acquired 100% of the Schooner gas field in the North Sea but has not acquired rights to use the production platform to develop it.
Dolphin Drilling wins combined exploration and decom contract with DNO
Aberdeen-headquartered Dolphin Drilling has won a combined contract for exploration and decommissioning work with DNO.
Aberdeen-based energy services group awarded multi-million pound North Sea duty holder contract
An Aberdeen-based energy services group has won a multi-million pound contract to deliver duty holder services for two North Sea assets.
Longboat bosses anticipate ‘exciting period’ for North Sea deal activity
Bosses at Longboat Energy said today they were making “good progress on several fronts” in their quest to complete a maiden acquisition for the London-listed firm.
DNO cuts Tawke emissions with reinjection scheme
DNO’s Peshkabir gas capture and injection project, in Kurdistan, has launched and already captured 1 billion cubic feet of gas injected, in a major move to reduce emissions.
DNO warns of declines in North Sea, Kurdistan
DNO and Genel Energy have cut production estimates and spending this year in Kurdistan, although allowing that work could resume should prices strengthen.
DNO making job cuts ‘in all locations’
DNO, the Oslo-listed exploration firm which took over Aberdeen's Faroe Petroleum, has announced it is reducing staff “in all locations” in response to Covid-19 outbreak and oil price crash.
DNO presses ahead with Kurdistan exploration
Norway’s DNO has tested and appraised its Baeshiqa-2 exploration well in Kurdistan and is moving to spud an exploration well on a separate prospect on the same licence.
Foxtrot to invest in Cote d’Ivoire gas supplies
Foxtrot International and its partners in the CI-27 licence have reached a deal to invest in the area to keep gas flowing to power plants.
DNO slashes budget to cope with virus spread
DNO has slashed its budget to shore up its balance sheet in the face of “unprecedented market convulsions” and plunging oil prices triggered by the coronavirus pandemic.
DNO takes £112million hit on newly-bought North Sea fields
DNO, which took over Aberdeen-based Faroe Petroleum last year, has taken £112million of impairments costs related to its newly-acquired fields in the North Sea.