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
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.
Video: North Sea acquisitions market to stay ‘hot’, experts say at EV event
The North Sea will be a hotbed of merger and acquisition (M&A) activity if the oil price holds up, the audience heard at a bumper breakfast event in Houston today.
OGUK director ready to stoke up debate at EV breakfast event
An industry leader will look to stoke up the conversation about the UK oil and gas supply chain's ability to prosper in a “new reality” at a sell-out event during OTC week in Houston.
North Sea production reaches two-year high at Apache
US oil firm Apache achieved its best quarterly production figure in the UK North Sea in two years during the first three months of 2019.
Losses widen for Diamond Offshore, wins North Sea work for Ocean GreatWhite
Diamond Offshore saw its losses widen in the first part of 2019.
North Sea firm donates £10,000 to north-east biker charity to help them deliver vital medical supplies
A North Sea oil firm has set the wheels in motion to ensure a group of big-hearted bikers can continue to provide a life-saving service.
Apache joins panel for Energy Voice event at OTC
A member of the management team at operator Apache Corporation will join the all-star panel for Energy Voice's annual breakfast briefing in Houston in just under two weeks.
Apache cuts back production of Permian gas because of pricing
Houston's Apache Corp. said Tuesday it will dramatically cut back on its natural gas production in the Permian Basin for an extended period of time because of steep pricing discounts caused by pipeline shortages in the region.
EnQuest confirms rota change for hundreds of North Sea workers
North Sea oil firm EnQuest has confirmed it will change rota patterns for hundreds of its offshore workers.
Oil company gives £92,000 to city care centre appeal
An Aberdeen neurological care home’s bid to almost double the number of people it can care for has been given a major boost from a North Sea oil firm.