Cairn Energy’s boss said today that the company was “in control of its own destiny” and would aim to capitalise on opportunities to beef up its portfolio, including in the North Sea.
Private equity-fund Seacrest Capital is in talks to sell its North Sea exploration and production firm, a news report said.
Private-equity backed Azinor Catalyst said today that it had discovered oil at the Agar-Plantain well in the North Sea.
Azinor Catalyst has announced drilling has started on the Agar/Plantain exploration well in the North Sea.
Faroe Petroleum has farmed in to the Agar Plantain exploration well in the North Sea.