North Sea
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The production unit for the Balder field in the North Sea is expected to go on-stream in the second quarter of 2025 following the staged tow-out of the FPSO.
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The new Sevan-designed cylindrical FPSO is expected to flow 45,000 BOE/D at peak.
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While the court overturned approval for Shell's Jackdaw and Equinor's Rosebank projects, the companies can reapply for consent. Work on the projects can continue, but no fuels can be extracted until the government decisions are retaken.
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Global offshore decommissioning projects hear the starting gun in Australia and the North Sea, but will the race be a marathon or a sprint?
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Delayed decommissioning has been a theme on the UK Continental Shelf thanks to legal, regulatory, and technical hurdles, the report says.
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This paper focuses on the vital task of identifying bypassed oil and locating the remaining oil in mature fields, emphasizing the significance of these activities in sustaining efficient oilfield exploitation.
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Updates about global exploration and production activities and developments.
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Partners will go back to the drawing board to design a new well to reach the prospect’s primary objectives.
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Ineos, the day-to-day operator of Greensand Future, with its partners Harbour Energy and Nordsøfonden, has made a final investment decision into the first commercial phase, with storage operations set to begin by early 2026.
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Permits for the East Side Cluster carbon storage project have been awarded, and participants have begun announcing final investment decisions.
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