Hartshead Resources NL, which in April reduced its workforce, has won six new oil and gas licences covering 10 blocks in the southern North Sea. ACREAGE The Australian company has accepted three licences and is awaiting grant of a further three from the North Sea Transition Authority’s 33rd licensing round. Five licences consisting of nine […]
Tag: 33rd Licensing Round
Serica Energy looks to redevelop Kyle oil field
Serica Energy plc has been awarded 100% of block 29/2a, containing the decommissioned Kyle oil field, in the UKCS 33rd offshore licensing round. STUDIES The North Sea Transition Authority made the award to the company’s subsidiary Tailwind Energy Chinook Ltd, subject to licence documentation. Serica said its internal preliminary mid-case estimate of recoverable resources after […]
Baron submits JV bid in 33rd licensing round
Baron Oil plc said it had, as a joint venture non-operating partner, submitted an application in the UK offshore 33rd Round of licensing, conducted by the North Sea Transition Authority (NSTA). POTENTIAL The company said its bid was in line with its strategy to acquire “significant equity stakes” in potentially high impact oil and gas […]
NSTA 33rd licensing round attracts more than 100 bids
A total of 76 companies submitted an aggregate 115 bids across 258 blocks and part-blocks in the UK’s 33rd offshore oil and gas licensing round, said the North Sea Transition Authority (NSTA). PRODUCTION Offered acreage across the North Sea includes four priority areas, which have known oil and gas, in which there was “very keen […]