Saipem to Resume Drilling of Scarabeo 8

• Tuesday, 21st July 2020
• by Editorial Team

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

• Tuesday, 7th July 2020
• by Editorial Team

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

• Tuesday, 23rd June 2020
• by Editorial Team

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

• Wednesday, 10th July 2019
• by Editorial Team

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

NIOC-Owned North Sea Field Given US Sanctions Waiver

• Tuesday, 9th October 2018
• by Editorial Team

The US Office of Foreign Assets Control (OFAC) has issued a waiver that will allow the bypassing of US sanctions placed on the Rhum gas field in the UK’s North Sea, which is 50% owned by the National Iranian Oil C ...

Faroe Petroleum Announces New Oil&Gas Discovery

• Monday, 20th June 2016
• by Egypt Oil & Gas

The Aberdeen-based Faroe Petroleum has expanded its North Sea assets after discovering a new exploration oil and gas well in the Norwegian North Sea.

Apache North Sea Awards Subsea 7 Contract Offshore UK

• Tuesday, 3rd May 2016
• by Egypt Oil & Gas

Apache North Sea has awarded Subsea 7 a sizeable engineering, procurement, installation, and commissioning (EPIC) contract for the Callater field development, located 335 km northeast of Aberdeen, Scotland.

UK’s North Sea Oil Industry May See 45,000 Jobs Cut in 2016

• Tuesday, 29th March 2016
• by Egypt Oil & Gas

British Oil and Gas companies located in UK's North Sea region could let go up to 45,000 employees in 2016, according to Sir Ian Wood, the former Chairman of Wood Group, an energy services company.

UK Announces Tax Relief for North Sea Oil&Gas Industry

• Thursday, 17th March 2016
• by Egypt Oil & Gas

UK Chancellor George Osborne has offered further tax relief for Britain’s oil and gas industry. The tax changes are expected to save the industry around $1.4b in the five financial years from 2016/2017 to 2020/2021.

IOG, Transocean Sign North Sea Oil Drilling Contract

• Tuesday, 15th December 2015
• by Egypt Oil & Gas

Independent Oil and Gas (IOG), the North Sea focused oil and gas company, has signed a rig contract with Transocean Drilling procuring the Transocean John Shaw semi-submersible rig to drill an appraisal well on the S ...