Busy year ahead for key projects in the North Sea, Neptune boss says
A boss at Neptune Energy said 2020 was shaping up to be the private-equity-backed firm’s busiest year in the UK North Sea as activity ramps up around key projects.
Apache
Apache, Ineos in legal row over Forties pipeline tariffs
US firm Apache has taken legal action against petrochemicals giant Ineos in a row over the Forties pipeline in the North Sea.
Apache closing San Antonio office, cutting nearly 300 jobs
Apache Corporation is closing its San Antonio office and eliminating more than 270 jobs as part of a reorganization designed to cut costs.
Apache and Total celebrate ‘significant oil discovery’ off Suriname
Apache and Total have announced a “significant oil discovery” off the South American nation of Suriname.
Explorers to keep up the chase in 2020
Westwood Global Energy reports that as of December 31 there were two active exploration wells drilling in the UK.
Total enters Suriname with 50% stake in Apache exploration block
Total announced its entry into Suriname with a 50% interest in a block held by Apache off the Southern American nation’s coast.
Apache, Chrysaor kick off Solar exploration well in UK North Sea
Apache and partner Chrysaor have started drilling an exploration well in the UK North Sea.
Court blocks Apache’s bid to recover £2million costs for failed North Sea well
A court has blocked Apache’s bid to recover more than £2million in costs for a failed exploration well in the UK North Sea.
Concern for Aberdeen as Apache confirms redundancy plans
A US oil firm with a large North Sea operation has confirmed plans to reduce its global headcount by 10-15%.
Major Apache deal brings work to Baker Hughes in Aberdeen, Montrose
An oilfield equipment deal between two US firms will bring millions of pounds worth of work to the north-east.
Apache targeting first production from Storr project next month
US operator Apache has announced its plans to have first production from its Storr project in the North Sea next month.
Global E&C wins brownfield contract with EnQuest in North Sea
A north-east energy service firm has won a multi-million-pound deal to carry out construction work on a number of UK North Sea platforms and vessels operated by EnQuest.
Apache executive’s departure sparks worst rout since 2016
The high-profile geologist leading one of Apache Corp.’s most-important exploration ventures has stepped down. The company’s shares and bonds tumbled, and the cost to insure against default surged.
North Sea newcomer Waldorf snaps up Endeavour Energy
A newly-formed oil firm claimed on Tuesday night that it had captured stakes in four producing North Sea fields through the acquisition of Endeavour Energy UK (EEUK).
Global Energy Group toasts biggest contract win in its history
Oil service firm Global Energy Group (GEG) is celebrating the biggest deal in its history, with a value understood to exceed £100 million.
OGUK unveils 10 ‘principles’ to support battered supply chain
Trade body Oil and Gas UK (OGUK) has published a list of 10 “principles” aimed at helping a "fragile" supply chain whose margins have been squeezed tight by customers in recent years.
Apache, Repsol Sinopec signal commitment to UK with contract awards
A pair of oil firms with major UK North Sea portfolios said they had proven their commitment to the region with a raft of new contract awards.
Premier Oil pressing on with projects during M&A ‘summer lull’
Premier Oil’s boss said yesterday that the company had lots to get on with in the North Sea without feeling the need to “chase acquisitions”.
New tool to add ‘millions’ of barrels to North Sea production
A new tool has been launched which will help companies produce millions of extra barrels of oil through their North Sea operations.
Apache profits decimated by weak gas prices
US oil firm Apache's financial results were dented by "very weak" natural gas prices in the first half of 2019.
OGUK announces Safety Awards finalists
The finalists have been revealed for an awards ceremony celebrating companies and people who have made an outstanding contribution to offshore health and safety.
Chrysaor buys into Apache’s North Sea exploration acreage
Private-equity back oil firm Chrysaor has snapped up stakes in a number of UK North Sea licences containing exploration prospects from US business Apache.
Apache’s Altus opens Permian gas processing plant
Apache Corp.'s Altus Midstream Co. said it opened its new Permian Basin processing plant to treat its production of natural gas and natural gas liquids.
Neptune making strides with North Sea fields bought from Apache
Exploration and production firm Neptune Energy said yesterday that it is pressing ahead with several UK North Sea projects.
Shell to spend $1.5bn on UK decommissioning through to 2025
Shell is expected to spend $1.5bn (£1.152bn) on decommissioning in the North Sea over the next six years, according to a new forecast.