North Sea | Egypt Oil & Gas - Part 2

Equinor Hires Third Odjfjell Rig

Equinor has awarded the Odfjell Drilling Deepsea Stavanger a three well contract in the North Sea to start drilling in February 2022, according to Equinor’s press release.

Vår Energi Announces New Oil Discovery in Norway’s North Sea 

Vår Energi, a joint venture (JV) company between Eni and HitecVision, has made a new significant oil discovery in the northern North Sea by drilling the exploration well 31/2-22 S in the Blasto Main prospect. 

Neptune Energy Awards a $21.4 mm Contract to Borr Drilling 

Neptune Energy awarded a $21.4 million contract to Borr Drilling to consolidate the development, exploration, and P&A activities in the Dutch and UK sectors of the North Sea.

NPD Grant Equinor Permission to Expand in the Snorre Field

The Norwegian Petroleum Directorate (NPD) has granted permission to Equinor to expand the Snorre field in the North Sea, which consists of six subsea templates.

Lundin Energy Receives Drilling Permit in the North Sea

The Norwegian Petroleum Directorate (NPD) has issued a drilling permit to Lundin Energy Norway AS for well 16/4-12.

TechnipFMC Awarded EPC Contract for Breidablikk 

TechnipFMC has been awarded a significant Engineering, Procurement, Construction and Installation (EPCI) contract by Norway’s state-run Equinor for the Breidablikk Pipelay in the North Sea.

Equinor to Invest $2 B in the Breidablikk Field

Equinor and partners have decided to invest big in the North Sea oilfield, Breidablikk, and have pledged $1.95 billion.

PGNiG to Record 30% Surge in Production After Shell Acquisition

PGNiG Upstream has signed an agreement with A/S Norske Shell to acquire two gas producing fields in the North Sea, meaning production will increase by nearly 30% above the previous forecast.

Shell Looking to Cut Production Costs by up to 40%

Royal Dutch Shell is looking to slash up to 40% off the cost of oil and gas production in order to invest heavily in the energy transition.

Petrofac Awarded Contract Extension in the North Sea

British oilfield service provider, Petrofac, has been awarded a multi-million dollar Integrated Services Contract by Ithaca Energy to renew its contract in the North Sea.

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