News Oil & Gas

JOG reports 172 MMboe low carbon potential at GBA

Jersey Oil & Gas (JOG) said that its concept select report showed a potential 172 MMboe of 2C contingent resource estimates, to be delivered via platform electrification, in the Greater Buchan Area (GBA) in the Central North Sea.  PROJECT The company estimates that overall carbon emissions from the GBA with platform electrification will be <1kg/boe. Production […]

Equipment & Logistics News Oil & Gas

Egdon starts site works on Wressle JV oil field

Egdon Resources plc has started site works on the joint venture (JV) Wressle oil field near in the East Riding of Yorkshire. DESIGNS The site is in PEDL180 and PEDL182 where Egdon holds a 30% operated interest. The company said that a civils contractor had mobilised and works to reconfigure the Wressle production site had […]

News Oil & Gas

EnQuest to cut more than 500 North Sea jobs

EnQuest announced it will make 530 redundancies in its North Sea operation to make savings of £241million ($300m) following the slump in demand and in oil prices. The industry’s body Oil and Gas UK has warned that it expected as many as 30,000 job losses across all companies to go as a result of the […]