North Sea

UK awards contracts for world’s largest offshore wind farm

Norwegian oil firm Equinor and its partner SSE secured contracts by the UK authorities to develop three large scale offshore wind projects in the Dogger Bank region of the North Sea. This will be the world’s biggest offshore wind farm development with a total installed capacity of 3.6 GW.

Watch: Production starts from Utgard field

Equinor began production from the Utgard field, a cross border gas and condensate field in the North Sea with two wells; one on the UK side and one on the Norwegian side. The Utgard field will provide high value and low carbon intensity barrels.

North Sea Port trials lockage planning for scheduled services

North Sea Port collaborates with Dutch Rijkswaterstaat and the Flemish and Dutch pilotage, to trial lockage planning on Wednesday, September 18, until December 31, 2019. The aim of this collaboration is to improve the lock planning and achieve better sustainability in shipping. 

Partners accelerating start-up schedule for Johan Sverdrup

Norwegian oil and gas company Equinor and its partners revealed plans for an earlier production start-up from the Johan Sverdrup, one of the largest oil fields in the Norwegian Continental Shelf. The filed is now to start production in October this year, one month ahead of schedule. 

NGO: Offshore units sold for scrap are increased

The NGO Shipbreaking Platform issued its research report ‘Recycling Outlook: Decommissioning of North Sea Floating Oil & Gas Units’ highlighting an increase in the number of the offshore units sold for scrap.

North Sea M&A deals not creating expected value, Woodmac says

After analyzing 55 cases of Mergers and Acquisitions in the North Sea, energy consultant Wood Mackenzie found that only 18 have made a positive return. Two factors have had the biggest impact on value destruction: asset under-performance (post-deal) and oil and gas price movements.

Norway gives consent for start-up of giant field

The Norwegian Petroleum Directorate has granted its consent for start-up of the Johan Sverdrup field in the North Sea. The field is expected to produce oil for the next 40 years. Operator Equinor plans to start sometime this autumn for the first phase of the field development. Construction phase two is expected to begin in the fourth quarter of 2022.

Maersk Decom to manage Thames field decommissioning

Maersk Decom announced that together with Maersk Supply Service, will be project managing the removal, recycling and waste management of subsea infrastructure for Perenco’s Thames field in the UK North Sea. The project regards the cut and recovery of wellheads and wellhead protection structures, as well as end-to-end recycling and waste management.

Port of Amsterdam transhipment sees over 12% growth in first half-year

Transhipment in the North Sea Canal Area of the seaports of Amsterdam, IJmuiden, Beverwijk and Zaanstad increased during the first half of 2019 to 54.1 million tonnes, showing a growth of 7%. This was the result of a rise in transhipment in the first six months of this year in the port of Amsterdam by 12.3% to 45.4 million tonnes, which is another record.

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