Faroe agrees North Sea deal with Shell
Production
Faroe Petroleum, an oil and gas explorer and producer concentrating on Norway and the UK, has gone into partnership with
All posts in North Sea
|
Premier eyes $1.5bn Chevron fields
Industry
The debt-laden, London-listed Premier Oil is reportedly considering a share placing to help finance a deal for US$1.5 billion worth
Faroe concedes defeat after Norwegian raid
Industry
London-listed North Sea oil explorer Faroe Petroleum’s board has conceded defeat in a long-running takeover bid and advised its shareholders
Oil prices rebound after further slump
Production
Oil prices rebounded today (Wednesday) as benchmark Brent crude futures rose to US$56.49 per barrel after dropping 5.6 per cent
Faroe spurns ‘inadequate’ takeover bid
Industry
Shares in Faroe Petroleum rose more than 25 per cent after its largest shareholder launched a £608-million takeover bid for
Ineos aims to extend North Sea assets
Industry
The UK’s richest man, Jim Ratcliffe, who is heavily pro-Brexit, is hoping to extend his grip on the North Sea
Hywind sets up learning hub
Transmission
The consortium behind the Hywind floating wind project says it hopes a high-tech classroom investment in northeast Scotland will create
Crowdfunding bid for Orkney tidal power
Environment
Orbital Marine Power, based on the Orkney Isles in the North Sea, has launched an investment bid that promises to
Equinor starts up unmanned North Sea rig
Production
Norway’s oil and gas major Equinor has started up its first unmanned platform in the North Sea’s Oseberg Verflanken 2
Rigs dump tonnes of microplastics: study
Production
Researchers are saying around 102 tonnes of microplastics a year are being dumped into the North Sea by the oil
US grants Iran waiver for North Sea deal
Industry
Serica Energy says the US has granted a conditional licence, removing restrictions on a North Sea field because of Iranian
Enquest buys North Sea field
Industry
The independent oil and gas producer Enquest says it hopes to take full control of the Magnus oilfield in the
Equinor discovery doubles Norwegian reserves
Production
Norway’s state-controlled oil firms Equinor and Petoro, along with Italy’s Eni, have completed their appraisal well on last year’s Cape
Wintershall wins North Sea’s Nova deal
Production
Wintershall Norge has received the all-clear from Norway’s Ministry of Petroleum and Energy for its US$1.2-billion development and operation of
BP: crime-scene cameras cut costs
Production
BP says it is using police technology designed to document crime scenes to build virtual replicas of its oil and