Oil & Gas IQ Glossary: North Sea Oil
The price crash of 2014 that had seemingly brought the North Sea to a standstill. After three years, it appears that it has come back from the brink.
Is North Sea running out of oil and gas? Quite the opposite
May 25 by Mr Adam MusprattAfter a few bad years, the seemingly sunken North Sea oil and gas fields are back with a bang
New Statoil find could yield 130 million barrel North Sea windfall
October 15 by Diana RaicuStavanger-based energy corporation, Statoil, has announced a significant find on the UK continental shelf (UKCS) after side-tracking its Verbier exploration well.With estimates ranging from 25 to 130...
North Sea wells in need of decommissioning
September 20 by Kyla MandelIn our continuing focus on decommissioning on the UK continental shelf, Kyla Mandel examines a recent study on the atmospheric hazards of depleted wells in British waters
North Sea recovery: Oil at highest peak in five years
September 15 by Diana RaicuOil and gas production in UK waters is back to 2011-12 levelsThe value of oil produced on the UK continental shelf has increased by 15 per cent in the past year to £17.5bn ($23.8bn) accordin...
Total buys Maersk Oil in North Sea vote of confidence
August 25 by Oil & Gas IQ EditorSupermajor splashes the cash for Danish operator’s North Sea holdingsTotal S.A. has agreed to buy the AP-Moller-Maersk Group’s oil and gas arm in a $7.45bn takeover announced this week.The...
Statoil shows faith in North Sea and Arctic prospects
August 18 by Diana RaicuDespite high break-even prices, the Norwegian energy giant is pushing the North Sea envelopeThe Petroleum Safety Authority of Norway has green-lit Statoil’s plan for two drilling projects in...
The North Sea decommissioning dilemma
August 08 by Oil & Gas IQ EditorIn recent years, the oil price has collapsed. Vast swathes of the oil and gas producing world are now unprofitable. One region in particular is feeling the bite… The North Sea&nb...
Price woes have created a decommissioning maelstrom in the North Sea
July 07 by Tim HaïdarThe oil price collapse has seen decommissioning rocket to the top of the owner-operator agenda but is anyone truly prepared? In the past 24 months, oil and gas companies have been rocked by price...
Editorial: Independence Blackjack In The North Sea Casino
February 18 by Tim Haïdar"I like to play blackjack. I'm not addicted to gambling. I'm addicted to sitting in a semi-circle." - Mitch Hedberg (1968 - 2005)After the CEO of British Petroleum, Bob Dudley, expressed his concern...
The truth about asset integrity in the North Sea
November 20 by Oil & Gas IQ EditorOne of the major challenges facing the oil and gas industry today is to ensure the safe operation of ageing assets. Nowhere is this more important than in one of the world's most mature offshore arena...
Editorial: Thatcher And Her North Sea Deus Ex Machina
April 09 by Tim Haïdar"Britain is a tragedy – It has sunk to borrowing, begging, stealing until North Sea oil comes in."US Secretary of State, Henry Kissinger, 1975 "No one would remember the Good Samaritan if he&...
North Sea Gas Leak: Oil & Gas IQ Dissect The Problem On BBC News
March 29 by Oil & Gas IQ NewsIn this live interview on BBC News, Oil & Gas IQ Editor Tim Haidar speaks with presenter Huw Edwards about the possible dangers associated with the sour gas leak on Total’s Elgin platform...
