Despite a lossmaking 12 months, Europa Oil and Gas said discussions are ongoing around potential routes to develop its Serenity discovery alongside the nearby Tain field.
The move casts doubt over i3 Energy's "Serenity" prospect, which was hoped to be unitised with Tain.
Europa Oil and Gas, i3 Energy and Repsol Sinopec are looking at unitising their Tain and Serenity developments after appraisal drilling at the latter proved disappointing.
The CEO of i3 Energy (LON: i3E) has outlined hopes for a smaller development at the Serenity discovery despite disappointment at the appraisal stage.
There are still options on the table for i3 Energy on the Serenity field, although a more modest concept is now likely in the works as it faces a “heavy downgrade”.
A planned final investment decision (FID) on a multi-million barrel North Sea field has been delayed once again.
Jose Luis Muñoz talks to Energy Voice on Repsol Sinopec Resources UK ramping up decommissioning, the challenges of “chronic underinvestment” in the sector, and the firm’s $1 billion near-term plan for North Sea projects.
North Sea operator Repsol Sinopec Resources UK (RSRUK) has brought the supply chain up to speed on a raft of its projects.
Westhill-based i3 Energy has said it will seek to drill an appraisal of its “company-maker” Serenity project as early as the first quarter of next year.
Global offshore and subsea capital expenditure (capex) recently hit its highest quarterly level for two years, according to an industry database.
Global subsea tree demand for the remainder of the year is forecast to be bolstered by two North Sea developments.
Repsol Sinopec Resources UK (RSRUK) has lifted the lid on its plans for a host of North Sea production-boosting projects.
More than a dozen UK North Sea projects are facing deferral in light of the oil price drop, an analyst has predicted.
Dolphin Drilling has won work for the upcoming appraisal campaign for i3 Energy’s Serenity discovery in the North Sea, which includes a revenue-sharing agreement.
Respsol Sinopec Resources UK (RSRUK) has confirmed its intent to press ahead with the Tain development in the Outer Moray Firth.
Shares in i3 Energy dropped this morning after the North Sea oil and gas explorer revealed plans for a secondary listing.
RockRose Energy has announced it will press on with the hunt for more North Sea acquisitions this year.
Drilling has started at i3 Energy’s Serenity field in the outer Moray Firth.
i3 Energy has announced the Borgland Dolphin rig is about to begin its journey to the Liberator field in the North Sea.
Respsol Sinopec Resources UK (RSRUK) has announced plans to recover an additional 10million barrels of oil equivalent (boe) from its North Sea assets.