BP notched up second quarter pre-tax profits of £700million, rebounding from a £2.5billion loss a year ago.
West of Shetland
Siccar Point Energy (SPE) has booked a rig for an appraisal well west of Shetland.
Chinese-owned Nexen plans to drill an exploration well west of Shetland in the coming weeks, one of its UK-based chiefs said yesterday.
Parkmead this morning confirmed it had nearly doubled its stake in the major Sanda North and Sanda South structures in the West of Shetland area of the UK North Sea.
Hurricane Energy has asked the UK Government for permission to build an early production system (EPS) on its landmark Lancaster field in the North Sea.
BP and Shell’s recent North Sea asset sales do not mark the beginning of an exodus from the basin by the oil majors, the head of the Oil and Gas Authority said yesterday.
Hurricane Energy today confirmed its basement discovery located west of Shetland totals 250 million barrels oil.
Hurricane Energy has struck a deal for the Aoka Mizu Floating Production Storage and Offloading Vessel (FPSO) on the company’s Lancaster field, West of Shetland.
Hurricane Energy said it has completed its pilot well operations after making a “significant” discovery confirming its reservoir model for the Lancaster field, West of Shetland.
Hurricane Energy has appointed Petrofac well operator for its West of Shetland operations.
Hurricane Energy said it has spudded a well on the Lancaster field West of Shetland.
BP boss Mark Thomas has hailed the west of Shetland the North Sea’s "next chapter of opportunity".
Total today confirmed first gas from its flagship Laggan-Tormore project.
Hurricane Energy has launched a recruitment campaign for a chief financial officer.
Odfjell's Deepsea Stavaner has been signed up by JX Nippon Exploration and Production to drill one exploration well West of Shetland.
Total has sold its minority interests in the West of Shetland fields for £565million.
Two of the first topside modules destined for a major oil project West of Shetland sailed away this week from a shipyard in Korea.
Technip has been awarded a subsea contract for the Glenlivet project in the West of Shetland. The company will carry out work including the fabrication and installation of production pipeline, supply and installation of steel tube umbilical and supply and installation of flexible tails. The contract builds on a previous award by Total E&P UK of the contract for the Edradour Subsea development, which is located 75km north west of Shetland.