Time for a rethink in the Faroes
It’s fifth offshore oil & gas licensing round is likely to be the final throw of the hydrocarbons dice for the Faroe Islands.
Siccar Point Energy
Neodrill inks new deal with Siccar Point for Cambo
Pre-rig technology firm Neodrill has announced a new deal with Siccar Point for an optimisation study as part of the North Sea Cambo field development.
Sembcorp selected for Cambo FPSO front end design
Siccar Point Energy has handed out a contract for the front end design of a production vessel for the 800-million barrel Cambo project, north-west of Shetland.
Disappointment as Lyon comes up dry for Siccar Point
One of the most highly anticipated exploration prospects in the UK North Sea this year has come up dry.
Private-equity firm buys Huntly-based pipeline welder in multimillion pound deal
An Aberdeenshire oil and gas pipeline welding company has been snapped up by a private-equity firm in a multi-million pound deal.
Siccar Point kicks off drilling at Lyon prospect
Siccar Point Energy has kicked off drilling at its Lyon prospect in the West of Shetland.
Siccar Point hails ‘very encouraging’ Blackrock exploration result
Private equity-backed oil and gas exploration firm Siccar Point last night described the result of drilling at its Blackrock exploration well as "very encouraging".
Losses widen for Diamond Offshore, wins North Sea work for Ocean GreatWhite
Diamond Offshore saw its losses widen in the first part of 2019.
Siccar Point kicks off 2019 drilling campaign with Blackrock
Siccar Point Energy has kicked off its 2019 drilling campaign with the spudding of an exploration well at the Blackrock prospect west of Shetland (WoS).
Shell targeting growth in North Sea business
Shell remains firmly focused on beefing up its UK North Sea business in spite of recent oil price volatility, the energy giant’s boss said yesterday.
Siccar Point adds clout with beefed up lending facility
Siccar Point Energy has beefed up its financial clout with ahead of what promises to be a busy 2019 for the North Sea oil firm.
North Sea players bring ‘rebound’ to FPSO market
North Sea work is helping bring the global FPSO market “back to life” according to a new report from Rystad Energy.
Talks over Faroe service centre for Atlantic Frontier fields
A Faroese delegation has been in Aberdeen last week for discussions with five key oil companies, the Oil and Gas Authority, Oil and Gas UK and at least one major subsea contractor regarding future Atlantic Frontier prospects.
Siccar Point supports scientific site of same name
Aberdeen-based oil exploration firm Siccar Point Energy is to support its namesake site as a place of scientific interest.
Siccar Point delays Lyon well as harsh winter weather looms
Siccar Point Energy has delayed the drilling of an exploration well on one of the North Sea’s hottest prospects until next year.
Faith grows in offshore revival
Private equity firm Blue Water Energy (BWE) is more interested in buying than selling at present as offshore activity shows signs of a “rebound”, its co-founder said.
Siccar Point claims west of Shetland well test success
Oil exploration firm Siccar Point Energy said today that the initial results from its Cambo well, west of Shetland, were "encouraging".
North Sea operators to put DeltaTek’s well building tool through its paces
Well construction start-up DeltaTek Global will trial its SeaCure product offshore with two North Sea operators this summer.
Siccar starts final Cambo appraisal well, completes Shell deal
Aberdeen oil firm Siccar Point Energy has started drilling a final appraisal well on the Cambo field, north-west of Shetland.
Shell acquires interests in Siccar’s Greater Cambo Area
Energy giant Shell has acquired a non-operated working interest in Siccar Point Energy’s Greater Cambo Area licenses in the North Sea.
BHGE chairman says firm ‘can, and will, deliver’ in first report
Lorenzo Simonelli, chairman, president and CEO, of BHGE shared his thoughts on the company’s first six operational months since the merger of GE and Baker Hughes, saying the firm “can, and will, deliver”.
OMV returns to black following North Sea sell off
Austrian oil firm OMV returned to the black last year after booking record production and lowering costs.
Well foundation tech designed to improve cost, safety and environmental impact in UKCS
A new well foundation technology could provide reduced well costs, safety improvements and reduce the overall environmental impact to the UK Continental Shelf (UKCS).
Private equity firm Blue Water Energy closes second oil fund
Private equity firm Blue Water Energy (BWE) has closed its second fund after securing commitments of more than $1.1billion.
Updated: Siccar Point farms out North Sea licences to Ineos
Siccar Point Energy said today that it had agreed to sell majority interests in two exploration licences in the west of Shetland area to energy giant Ineos.