North Sea
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The Health and Safety Executive, a UK safety authority, has served BP with an improvement notice regarding its training for lifeboat evacuation on the Glen Lyon floating production vessel, west of Shetland.
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The decision comes a year after Neptune stopped production from the North Sea gas field, and 4 months after it submitted decommissioning plans to the UK authorities.
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The strategy supports the Maximise Economic Recovery from UK Oil & Gas Strategy and Vision 2035, whose goal is to achieve £140 billion additional gross revenue from UKCS production by that time.
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Lundin reports that the hookup and commissioning of installed facilities at the large North Sea field is progressing as planned. Phase 1 startup is still scheduled for November.
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The Neptune-operated project is on track to start drilling later this year, with first oil scheduled for the end of 2020. The Norwegian North Sea field is expected to produce 30,000 BOE/D at its peak.
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The $635-million deal sees Oman-based Petrogas and Norwegian private equity company HitecVision acquire a package of non-core North Sea assets, including 100% ownership stake in four fields.
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Norwegian authorities approved development plans for Duva and Gjøa P1, both of which are expected to produce first oil in late 2020. The fields will each tie back to the Gjøa platform on the Norwegian Continental Shelf.
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Bravo is the second of four platforms to be decommissioned and removed from the Brent field, following Brent Delta in 2017. The field has produced approximately 3 billion boe since 1976.
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This new development is the first to recover commercial quantities of oil in the UK from reservoirs that are generally considered non-productive.
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The company evacuated 276 people on board Statfjord A after the collision, which happened in connection with loading operations. No injuries were reported, and the total extent of the damage on the platform is being investigated.