More than a dozen UK North Sea projects are facing deferral in light of the oil price drop, an analyst has predicted.
UK oil and gas firm Alpha Petroleum has been put up for sale by its private-equity backer, a news report said.
Alpha Petroleum’s plans for its flagship North Sea development project appear to have suffered a blow after Teekay said it had "terminated" a vessel supply deal.
Alpha Petroleum is expected to make a decision this quarter on whether to sanction its Cheviot field in the North Sea, according to contractor Teekay.
Alpha Petroleum has hired the Stena Spey semisubmersible rig for work at one of the largest undeveloped fields in the UK North Sea.
Engineering and construction firm Sembcorp Marine has inked a £125 million deal to refurbish an installation which will serve in the UK North Sea.
UK private equity-backed Alpha Petroleum has announced the completion of a deal to bring the Petrojarl Varg FPSO to the Cheviot field.
Awilco's deal to supply Alpha Petroleum Resources with a rig for a UK North Sea campaign has fallen through.
Offshore vessel contractor Awilco Drilling has clinched a deal to undertake a well campaign on a North Sea field.
Alpha Petroleum has appointed a former BG Group engineering chief to spearhead the Cheviot field development in the North Sea.
The North Sea oil and gas industry needs to “keep the good work going” in order to fight off competitors for new investment, an analyst has said.
North Sea operator Alpha Petroleum has edged closer to first oil from the Cheviot field after lining up a vessel.