
Wintershall Dea, Equinor partner up for large-scale CCS value chain in North Sea
Comprehensive CCS project connecting Germany and Norway CO2 transportation from continental Europe and storage on the Norwegian Continental Shelf Estimated pipeline capacity of 20 to 40 million tonnes per year by 2037 Reconfirming the companies’ commitment to meeting EU climate targets Wintershall Dea and Equinor have agreed to pursue the development of an extensive and safe […]

Shearwater GeoServices commences second phase of Mid North Sea High 3D Survey for ION Geophysical
Shearwater GeoServices Holding AS (“Shearwater”) has commenced the second and significantly larger phase of ION Geophysical’s (ION) 11,000 sqkm UK Mid North Sea High 3D seismic survey program using the Oceanic Vega. The Mid North Sea High’s proximity to shore and existing energy infrastructure supports lower development costs, making it an attractive development region for […]

Shearwater awarded 4D survey by Equinor in new multi-year frame agreement
Shearwater GeoServices Holding AS (“Shearwater”) announced a new long-term frame agreement with Equinor for 4D seismic services on the Norwegian continental shelf. The agreement can also be applied for the UK continental shelf. Under the frame agreement, Shearwater has been awarded an initial survey over the Heidrun Field in the Norwegian North Sea. Shearwater will […]

Neptune acquires Edison’s North Sea assets from Energean in $250m deal
UK operator inks conditional deal worth up to $280m for non-core E&P holdings with Energean. Energean to hive off Italian group’s Norwegian and UK projects once its purchase completed. Neptune Energy has entered into a conditional sale and purchase agreement with Energean to acquire Edison E&P’s UK and Norwegian producing, development and exploration assets for […]