UK-headquartered oil and gas company United Oil & Gas (UOG) has revealed that its discovery, envisioned as a subsea tie-back in the Central North Sea, has been valued at £33.5 million on a risked basis, or £109.1 million on an unrisked basis.

Norwegian state-owned energy giant Equinor has initiated a shutdown of production at three fields on the Norwegian continental shelf (NCS) and revealed plans to do the same with four more, as a direct result of the strike action that offshore workers have undertaken due to a dispute over wage demands.

North Sea-focused Ithaca Energy, owned by Israeli Delek Group, has completed the acquisition of Siccar Point Energy, which has enabled it to further expand its North Sea portfolio.

Norwegian vessel owner Solstad Offshore has secured contract awards for its construction support vessels (CSVs) Normand Cutter and Normand Sentinel.

After completing the sale of a rig, which has been stacked for years, Awilco Drilling, a UK-based offshore drilling contractor, is left with no other drilling assets in its fleet.

Norway-headquartered drone systems and services provider Nordic Unmanned has revealed that its compatriot state-owned energy giant, Equinor, is on the brink of becoming the first operator to carry out offshore logistics operations using drones.

Dutch contractor Heerema Marine Contractors has completed another decommissioning activity related to an offshore platform, which was removed from the waters off the UK after 45 years, using the world’s largest crane vessel, Sleipnir.

Oil and gas major BP is expanding its footprint offshore Canada by entering the Equinor-operated Bay du Nord project development.

Well intervention activities have been carried out at the Bittern field located in the North Sea, boosting its production.