North Sea | Egypt Oil & Gas - Part 5

North Sea Service Companies Cutting Jobs

Amec Foster Wheeler Plc and Petrofac Ltd on Tuesday joined a growing list of London-listed oil and gas support services companies planning to cut jobs in response to the tumble in oil prices.

BP Selling Stake in North Sea Gas Pipeline

UK energy giant BP announced that its interest in the Central Area Transmission System (CATS) in the North Sea will be sold for £324m.

Technip Awarded North Sea Brownfield Contract with Dana Petroleum

Technip, a world leader in engineering for the energy industry, has been awarded a brownfield subsea contract for the Triton floating production storage and offloading (FPSO) vessel, operated by Dana Petroleum, locat ...

Oil Prices Prompt North Sea Operators to Sell Off Assets

The North Sea, which brought upheaval to global oil markets in the 1980s just as shale has in this decade, is desperately seeking tax relief in Wednesday’s British budget.

Drilling Gets Underway in Gemini Prospect Offshore Norway

The semisubmersible Island Innovator has spudded a well on the Gemini prospect in the central Norwegian North Sea for operator Lundin Norway.

Cairn to Focus on Northwest Africa, North Sea Drilling

Cairn Energy has outlined its offshore exploration plans for 2015.

Ithaca Energy: North Sea Facilities Near Completion

Ithaca Energy says drilling continues on the Stella Ekofisk well for the Greater Stella Area (GSA) development in the UK central North Sea.

ConocoPhillips announces first oil production from the Eldfisk II Project

ConocoPhillips today announced first oil production from the Eldfisk II project in the Norwegian North Sea.

BP sells stakes in North Sea fields for $280 million

British oil major BP said it agreed to sell its minority stakes in two North Sea fields to Japanese trading company Mitsui (8031.T) for $280 million, as part of a plan to focus its portfolio in the region on larger s ...

Premier Oil Announces North Sea Discovery

Premier is pleased to announce that the Carnaby exploration well 28/09-5A (Premier equity 50 per cent) has reached a total depth of 4,695 feet and encountered oil.

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