Exploration and production firm Spirit Energy generated almost £500 million worth of profit in 2018 − its first full year in business.
Spirit Energy has arrived at the ball and is looking for someone new to hook up with.
Italian oil firm Eni has confirmed that it will use the Songa Enabler semi-submersible rig to drill two wells at the Goliat filed situated in the Artic.
A new entrant to the North Sea makes its bow today.
The joint venture created by Centrica E&P’s link-up with Bayerngas Norge could open the door to further M&A activity, an industry analyst has said.
Centrica said today that it had signed an agreement to combine its oil and gas business with Bayerngas Norge.
A £1.3billion North Sea field has delivered “first gas” in what has been described as a significant boost to UK energy security.