Shell snapped up the largest amount of North Sea oil in over a decade during the market’s main trading window for physical cargoes, underpinning signs of sharply tightening supplies.
North Sea oil production is “struggling” and is due to hit its lowest point in five years, according to a new forecast.
Norway has given ConocoPhillips permission to dispose of four structures on the Ekofisk field in the North Sea. Consent from the Petroleum Safety Authority covers the Eko2/4 A, 2/4 H, 2/4 Q and 2/4 FTP facilities. The field lies 200 kilometers south of Stavanger and started producing in 1971.
US firm ConocoPhillips has picked Heerema Marine Contractors to remove four platforms from the Norwegian North Sea.
In decommissioning, as in life, there are winners and there are losers.
Shell is said to have snapped up a large volume of North Sea oil which helps set the global Brent benchmark, according to reports.
ConocoPhillips said it is still looking to develop new operating fields on the Norwegian Continental Shelf (NCS).
Oil services firm Beerenberg said its work on the Ekofisk field has been “significantly” reduced after it lost out on a maintenance contract to Bilfinger Indsutrier.
Bilfinger Industrier has signed a contract with ConocoPhillips for maintenance work on the Ekofisk field.
Oil firm ConocoPhillips have delayed all helicopter flights to the Ekofisk oil field as storm weather hits the region.
BP has been given consent by the Norwegian Petroleum Safety Authority (PSA) to remove the top deck of Ekofisk 2/4-G.
ConocoPhillips has been given a number of improvement points by the Norwegian Petroleum Safety Authority (PSA) over its chemical working environment at the Ekofisk J process facility.
An investigation is underway by ConocoPhillips after a man fell 2metre on the Ekofisk platform in the Norwegian Sea.
The supply of North Sea Ekofisk crude oil is expected to rise to a rate of 300,000 barrels per day in April.
Aker Solutions' maintenance, modifications and operations (MMO) business in Norway secured two contracts for work at North Sea fields operated by ConocoPhillips.