North Sea | Egypt Oil & Gas - Part 2

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.

Saipem to Resume Drilling of Scarabeo 8

Italian multinational oilfield services company Saipem will restart drilling activities in Norwegian waters following the postponement of activities due to the COVID-19 pandemic.

Equinor Provides Engineering, Installation Services in North Sea

Equinor has awarded APPLY a framework agreement for engineering and installation services on the North Sea Statfjord field.

Heerema Contracted to Install Dana’s P11-Unity Platform

The Dutch company, Heerema Marine Contractors, were awarded a contract from HSM Offshore for the transportation and installation of Dana Petroleum's  P11-Unity platform.

HitecVision, Petrogas to Acquire Total North Sea Oilfields

Oman's Petrogas and HitecVision are set to acquire Total’s North Sea oilfields in the UK for $635 million.

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