North Sea | Egypt Oil & Gas
Baker Hughes Wins bp Contract to Boost North Sea Production
Baker Hughes has secured a contract from British Petroleum (bp) to provide offshore well stimulation and production enhancement services across bp’s UK North Sea operations, supporting both new well development and re...
bp Starts Process to Sell North Sea Assets
British Petroleum (bp) is launching a process to market its North Sea business for a potential sale, as part of its ongoing portfolio review and its approach to capital allocation for creating a simpler, stronger, and... BP Weighs UK North Sea Asset Divestment in $2.69 Billion Deal
British Petroleum (bp) is in talks with Ithaca Energy, a North Sea oil and gas operator and producer, regarding the sale of its UK North Sea assets in a deal worth nearly $2.69 billion, according to Reuters.While nego...
Equinor Secures 27 New Production Licenses on Norwegian Continental Shelf
Equinor has secured 27 new production licenses in this years’ Awards in Predefined Areas (APA) by Norway’s Ministry of Energy, including 20 licenses in the North Sea, six in the Norwegian Sea, and one in the Bar...
Equinor Announces Highest Natural Gas Production Ever from Troll Field
Equinor has announced a peak production of 42.5 billion standard cubic meters (bscm) of natural gas in the Troll field in the North Sea in 2024, marking a 10% increase from 2022’s production of 38.3 bscm. “...
Shell, Equinor to Create UK’s Largest Independent Oil, Gas Company
Shell and Equinor have partnered to combine their UK offshore oil and gas assets and expertise to form a new company, aimed to be the UK North Sea’s biggest independent producer. On deal completion expected by the end...
Wintershall Dea Makes Gas Discovery in Norway Cuvette Exploration Well
Wintershall Dea and its partners, Petoro and DNO, have made a gas condensate discovery at the Cuvette prospect in the North Sea, with estimated recoverable volumes of 16-38 million barrels of oil equivalent. The Cuvet...
Petrofac Wins North Sea Agreement Extension by Serica Energy
Serica Energy has extended Petrofac’s three-year contract for maintenance services. According to the terms of the deal, Petrofac will keep providing maintenance execution, maintenance consulting, and metering se...
