North Sea

Neptune Energy, ExxonMobil, Rosewood, and EBN have agreed to cooperate on the L10 Carbon Capture and Storage project in the Dutch North Sea.

The partners decide on a single operator for finds in the NOAKA area.

The new areas are expected to make a significant contribution to the government’s target of capturing and storing 20 million–30 million tonnes of carbon dioxide per year.

Shell’s revised Jackdaw development plan has been approved by regulators who had rejected its original plan last year.

Satellite discovery will likely be tied back to one of the Troll platforms.

Managed-pressure drilling has been associated as a technology used only on problematic wells and only as a last resort. However, when integrated at the beginning of operations as part of a comprehensive well plan, it becomes a performance-enhancing solution for any type of well classification, including development, directional, multilaterals, and horizontals.

Plan to double gas output in order to help ease supply issues in Europe caused by Russian invasion.

A sidetrack is planned to confirm commercial quantities of oil and gas.

A decommissioning project carried out by DOF Subsea on behalf of Repsol Sinopec Resources UK in the Central North Sea has achieved a 99% rate for the combined recycling and repurposing of recovered materials.

Delek Group subsidiary Ithaca Energy has acquired private equity-backed Siccar Point Energy to become a major player in the North Sea.