Neptune Energy has announced it has begun an infill drilling campaign at its operated Cygnus gas field in the southern North Sea, with the potential to unlock enough gas to heat an additional 200,000 UK homes1 per year from this winter.
The project is expected to come online in the mid-2020s, and at peak production rates, could represent over 6% of projected UK North Sea gas production in the middle of this decade
Scientists conducted an experiment in the North Sea 130km northeast of Aberdeen where they simulated a release of CO2 over a period of 12 days at a depth of 120 metres and three metres below the seabed
Spirit Energy Production UK Ltd. has awarded Heerema Marine Contractors a contract for removal and disposal services of the operator’s North Sea decommissioning portfolio.
Vår Energi and Equinor have commenced a five-year helicopter-sharing agreement in the North Sea to reduce costs and environmental footprint of crew transport.
Equinor has, together with its partner Wellesley, discovered oil in the Troll and Fram area in exploration wells 35/10-7 S and 35/10-7 A in the Toppand prospect.
Long-term upstream uncertainty shows no signs of abating, but in the short-term, UK operators are riding high according to Wood Mackenzie, a Verisk business.
