More North Sea operators tipped to exit basin in 2023
Further North Sea oil and gas players are being tipped to up sticks next year as companies look to streamline their portfolios.
Scott
Reuters – Cnooc North Sea exit spurred on by fears about potential sanctions
Fears about potential sanctions on Chinese Government assets are driving Cnooc’s departure from the North Sea, it has been reported.
Harbour Energy, NEO and Waldorf all ‘likely’ destinations for Cnooc assets
The North Sea’s new class of operators could be poised to further strengthen their dominance in the basin with several major assets expected to hit the market.
North Sea firm Waldorf Production doubles stake in Catcher field
North Sea oil firm Waldorf Production has struck a deal to acquire MOL Hungarian Oil and Gas’ UK assets.
CNOOC invites ‘alternative strategies’ for Buzzard, Scott and Golden Eagle EPC deal
CNOOC has invited early engagement on the lucrative EPC contract for its Buzzard, Scott and Golden Eagle assets in the North Sea.
CNOOC teases floating wind plan to ‘build a new energy business’ in UK
CNOOC has teased plans to electrify its North Sea platforms through floating wind and “build a new energy business” in the UK.
Worley wins two-year North Sea EPC contract with CNOOC
China National Offshore Oil Company (CNOOC) has awarded a two-year North Sea contract to engineering services firm Worley.
Covid on Premier Oil Balmoral platform puts fourteen workers into quarantine
More than a dozen workers are in quarantine after a crew member on the Premier Oil Balmoral platform tested positive for Covid-19.
Covid outbreak on CNOOC North Sea platform
North Sea operator CNOOC is working to tackle a Covid outbreak on board its Scott platform.
Updated: Hunting shares up on dividend, 20 north-east jobs cut
Hunting laid off about 20 employees in the north-east during the first half of 2020 as the Covid-19 pandemic and oil price drop caused demand to falter.
CNOOC profits and production drop during Riddoch’s final year
CNOOC saw profits and production tumble for its North Sea business in Ray Riddoch’s final year at the helm of the operating company.
North Sea firms reduce offshore crews in bid to prevent coronavirus spread
Several North Sea operators are reducing offshore crews on their UK platforms in a bid to prevent the spread of the coronavirus outbreak.
‘Outcry’ as Wood plans to slash sickness pay for workers on CNOOC platforms
A North Sea union has condemned Wood over plans to cut sickness pay by more than 75% for its workers on CNOOC platforms.
Opex Group wins multi-million pound North Sea contract with Cnooc
Aberdeen-headquartered Operational Excellence (Opex) Group has won a multimillion pound contract with Cnooc International on its North Sea assets.
Stake in major North Sea discovery to be put up for sale
A sizeable stake in one of the UK North Sea’s largest gas discoveries in years will come on the market once a major acquisition goes through later this year.
RockRose seals the deal for North Sea fields
London-listed RockRose Energy said yesterday it had signed an agreement with Maersk Oil North Sea UK to acquire non-operated stakes in the Wytch Farm (7.43%), Scott (5.16%)and Telford (2.36%) fields.
Cladhan start-up delivers first quarter boost for MOL
North Sea firm MOL Group more than doubled first quarter profits after its global oil and gas production surged to its highest level since the final quarter of 2012.