North Sea

Business , Digital Oilfield

Maersk Drilling Plans up to 300 Layoffs in North Sea Region

Due to the COVID-19 pandemic and the lower oil price environment, Maersk Drilling revealed plans on April 24 to adapt its offshore crew pool.

April 27, 2020

Renewables , Technology

Subsea 7 Wins Dutch Offshore Wind Farm Contract

Subsea 7 has been awarded a substantial contract by Vattenfall on April 23 for the Hollandse Kust Zuid (HKZ) 1-4 offshore wind farm project, located between 18 km to 36 km off the Dutch coast in the North Sea. 

April 24, 2020

Digital Oilfield , Completions

Weatherford Vero System Completes 100 Runs, 33,000 Tubular Connections

Weatherford International Plc revealed on April 21 that its Vero automated connection integrity has successfully completed 100 runs and 33,000 tubular connections in operations worldwide since its market debut. Vero applies artificial intelligence (AI) to minimize safety risks and validate well integrity from the wellhead to total depth.

April 22, 2020

Field Development

Shell Delays Decisions on Deepwater Projects Amid Oil Price Rout

The Anglo-Dutch company slashed its 2020 spending plans by a fifth as measures to halt the spread of the virus led to an unprecedented drop in oil demand and sent oil prices to their lowest in two decades.

April 22, 2020

Exploration & Production , Emissions , Technology

E&P Offshore Advances: Catching Carbon

A full-scale CCS project in the North Sea takes another step closer to a final investment decision.

April 22, 2020

People , Exploration & Production , Subsea

Subsea UK CEO: Gearing the North Sea Up for Success Post-coronavirus

There is no doubt that the world, not just the oil and gas industry, is going to be fundamentally different when we get on the other side of this global crisis, Subsea UK CEO Neil Gordon says.

April 21, 2020

Highlights

Best of This Week’s Drilling Activity Highlights (April 17, 2020)

Middle Bakken and Upper Three Forks producers completed by Continental Resources plus results from a Haynesville Shale discovery in Louisiana’s Bossier Parish top this week’s drilling activity highlights from around the world.

April 17, 2020

Exploration & Production

Report: What COVID-19 Pandemic Means for UK, Norway Oil Sector?

With Brent hovering around US$30/bbl, the resilience of the oil sector is once again being pushed to its limit. What does this mean for the U.K. and Norway upstream industry?

April 8, 2020

Seismic

TGS to Commence Atlantic Margin Survey in Norwegian Sea

TGS, a leading provider of multi-client geoscience data for E&P companies, said April 2 that it will be commencing the Atlantic Margin 20 (AM20) 3-D multiclient project as soon as the marine seismic acquisition season gets underway in north-west Europe this summer.

April 2, 2020

Field Development

Equinor Says Sverdrup Oil Field Output to Beat Expectations

Western Europe’s biggest producing oil field is now expected to hit a daily output rate of 470,000 barrels in early May, above the 440,000 barrels per day (bbl/d) peak that had initially been penciled in for mid-year, the company said.

March 30, 2020