UKCS

North Sea

UKCS: Green shoots of summer success

07/09/2016

Towards the end of August, three wells, comprising two exploration and one appraisal, were active, but with no new spuds since our last report.

Events

OGUK 2016: Compromise key for North Sea future, industry expert says

14/06/2016

Oil and gas majors must compromise to deliver an upturn in the sector’s fortunes, an industry analyst said yesterday. Stephen Halliday, group president of consultancy group Wood Mackenzie, said the energy industry was competitive by nature and that for serious progress to be made, the sector’s leadership had to get in a room together and collaborate. It comes days after PwC published a report saying the industry needed a “change in guard at the top” to disrupt its “we’ve always done it this way” mentality.

North Sea

Island Offshore lands BP hire contract

08/04/2016

Norwegian shipping company Island Offshore has confirmed that its Island Constructor has been awarded a contract by BP in UK waters. The Constructor will deliver light well intervention services in July with options to run into August, the company said.