Tag: North

Vår Energi sanctions 86-MMboe Balder improvement in North Sea

(WO) — Vår Energi has taken last funding resolution (FID) on the Balder Subsequent New Wells undertaking within the North Sea, advancing the subsequent section of improvement within the Balder space and including...

CNOOC upgrades automation programs at Buzzard North Sea oil subject

(WO) — ABB has been awarded a contract to modernize automation and security management programs on the Buzzard offshore platform, supporting continued operations at one of many UK's largest producing oil fields within...

Unity lands North Sea decommissioning, effectively intervention contracts

(WO) — Unity has secured greater than £6 million in new offshore contracts, together with a multi-million-pound North Sea effectively decommissioning challenge, as the corporate expands its effectively integrity and worldwide operations.  ...

Perenco restarts Davy fuel subject manufacturing in North Sea

(WO) — Perenco has restarted manufacturing from the Davy fuel subject within the Southern North Sea greater than 5 years after the asset was shut in and beforehand thought of for decommissioning. The corporate...

bp takes 40% stake in Uzbekistan’s North Ustyurt PSA

(WO) — bp has entered the North Ustyurt manufacturing sharing settlement (PSA) in Uzbekistan, buying a 40% taking part curiosity in six exploration blocks alongside SOCAR and Uzbekneftegaz as the corporate expands its...

bp considers exit from UK North Sea as CEO evaluations upstream portfolio

(Bloomberg) – bp Plc is contemplating probably exiting half or all of its operations within the UK North Sea, individuals acquainted with the matter stated, because the oil big works to strip belongings...

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