North Sea Reporter

Published by KL ENERGY PUBLISHING LTD.

North Sea Reporter is an established and respected weekly publication which provides in-depth news and analysis of the NW European offshore oil and gas industry. 

Rig Market

Transocean is reported to have decided to sell the 1976-built semi-submersible Songa Trym, which will be scrapped in an environmentally controlled manner. The decision to retire the Trym is part of a wider move, which will include the scrapping of three deepwater drillships, all notably younger than the North Sea-based Trym. The drillships to be scrapped are the Deepwater Frontier and Deepwater Millennium, both built in 1999, along with the 2000-built Deepwater Discovery. All three have been stacked for a continuous and lengthy term.

Contracts

Equinor has awarded Baker Hughes, Halliburton and Schlumberger contracts for an initial four years, worth around NKr30 billion ($3.7 billion) in total, plus five, two-year options, for integrated drilling and well services on most of its operated fields off Norway. Extension of the contracts, which are the biggest Equinor has awarded to date within its drilling and well service operations, is subject to continuous achievement of goals for well deliveries. The new awards replace current service contracts which are due to expire on 31 August.

Decommissioning

Shell is seeking approval from the UK Department for Business, Energy and Industrial Strategy (BEIS) to decommission the Curlew B&D and C facilities, in central block 29/7. The fields are expected to reach their economic limit in the first quarter of 2019 and Shell says there are no further developments or third-party tieback opportunities that could extend their life. The Oil and Gas Authority granted Shell permission to cease production from 2016. The facilities comprise an FPSO and three subsea tiebacks ..

 

Weekly coverage includes:

  • Rig Market - contracts, dayrates and utilisation
  • Drilling – a round-up of North Sea activity  
  • Construction and engineering
  • Field development and production
  • Contract awards
  • Company news
  • Data tables of industry activity
  • Mediterranean & W. Africa briefing
  • News briefs