Cairn Energy has updated its timeline for the £330m sale of its interests in the Catcher and Kraken assets in the North Sea.
Harbour Energy has picked a Maersk Drilling rig for a trio of development wells on the Catcher area of the UK North Sea.
An oil and gas worker has described how his “dream came true” having gone from a small rural town in Brazil to a North Sea FPSO.
A fire on board and other equipment failures cut production at the Premier Oil Catcher FPSO by nearly a quarter last year.
Waldorf Production’s chief executive has said the company remains hot on the trail of more acquisitions after inking a deal to buy stakes in the Catcher and Kraken fields from Cairn Energy.
Cairn Energy’s chief executive said today that the UK North Sea still offered “excitement and upside” for exploration and production firms.
Scottish oil company Cairn Energy has agreed to sell its stakes in the Catcher and Kraken fields in the North Sea to Waldorf Production for £330 million.
Scottish oil and gas firm Cairn Energy said today that its partners’ North Sea Catcher and Kraken fields were expected to “enter their natural decline phase” this year.
Premier Oil is in "final negotiations" with contractors ahead of an investment decision being made on the proposed Tolmount East development.
Shares in Premier Oil slumped by almost a quarter in London yesterday after the firm unveiled plans to raise more equity as part of a new refinancing deal.
Premier Oil expects to book charges and impairments of up to £480 million, and a 40% drop in revenues, in its upcoming half-year results due to lower oil and gas prices.
Drilling firm Valaris is set to undertake drilling and subsea work at Premier Oil's North Sea Catcher field next week.
Record levels of production from its North Sea assets were not enough to halt a drop in pre-tax profits for Premier Oil in 2019.
Helicopter operator NHV has celebrated delivery of a new aircraft for its Aberdeen base following some key contract wins.
Australia’s Talon Petroleum has announced plans to boost its acreage in the UK North Sea.
Premier Oil said today that its investment in the Catcher project had already been covered by production from the field.
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”.
Record production levels helped Premier Oil put another dent in its debt pile in the first half of 2019.
UK-headquartered Premier Oil said today that drilling of the Tolmount East appraisal well would start "imminently" in the southern North Sea.
Scottish oil firm Cairn Energy has said it has lived up to its production guidance for the first part of 2019 and hailed the performance of the North Sea Catcher field.
UK-headquartered Premier Oil said today that its debt pile was shrinking faster than expected.
Scottish oil firm Cairn Energy vowed to go after "material" exploration targets this year despite suffering losses of almost £1 billion in 2018.
Premier Oil’s chief executive said yesterday the firm was “running hot” as it posted its first set of profitable results since 2013.
Premier Oil said today that it returned to profitability in 2018 as group production reached record levels.
Production from the UK North Sea’s Catcher area helped Hungarian oil firm Mol Group lift its upstream earnings by almost 50% last year.