Premier Oil has reached another milestone in its Tolmount gas project in spite of the Covid-19 pandemic, a photograph shared online shows.
Spirit Energy has reached a “crossroads” at its Chestnut field in the central North Sea as it weighs up whether to drill new wells.
Premier Oil has scrapped a $191million (£152m) deal to acquire an additional 25% stake in the Tolmount project from Dana Petroleum.
Industrial service group Altrad has been chosen to provide construction, hook-up and commissioning work on Premier Oil's Tolmount project in the UK North Sea.
It is hard to know where to begin when describing the scale of the crisis gripping Big Oil.
Premier Oil said today it is “re-engaging” with stakeholders about its proposed North Sea acquisitions and extensions to debt maturities in light of current market conditions.
Dana Petroleum has delayed the sanction of a new North Sea project due to the ongoing Covid-19 crisis.
A judge has sanctioned Premier Oil’s plans to acquire £660 million worth of North Sea fields and extend its debt maturities.
Oil and gas firm Spirit Energy has given the Chestnut field in the UK North Sea a three-year life extension by drilling a new production well.
More than a dozen UK North Sea projects are facing deferral in light of the oil price drop, an analyst has predicted.
A trio of London-listed oil and gas firms today insisted they could overcome volatile market conditions at the end of a bruising week.
Oil and gas minnow Tailwind Energy is pressing ahead with a project to develop the Evelyn field in the central North Sea.
Ithaca Energy has confirmed plans to sanction phase two of an enhanced oil recovery (EOR) project on the Captain field in the North Sea.
Premier Oil and its biggest creditor were going head-to-head in court yesterday over the firm’s intention to extend its debts and acquire North Sea assets.
Energy giant BP has struck a deal to sell £475 million worth of North Sea assets to Premier Oil.
Updated: Creditor vigorously opposes Premier’s plans to extend debt maturity and acquire assets from BP, Dana
Premier Oil's largest creditor has vowed to contest the firm's plans to extend debt maturities and acquire North Sea assets from BP and Dana Petroleum.
Energy firm Parkmead Group will inevitably show up on the radars of prospective buyers if its current growth trajectory continues, its boss said yesterday.
Belgian helicopter operator NHV has secured key documentation to help ensure Brexit does not disrupt its North Sea operations, the firm said today.
The owners of two North Sea oil companies could be looking to cash in on their investments.
Energy firm Parkmead Group has announced that it has delivered its field development plan and environmental statement for the Platypus gas project in the Southern North Sea.
A fresh investment of £140million has once again extended the life of a North Sea oil field, safeguarding 70 jobs in the process.
EnQuest has taken a step forward on the path to first oil from the Eagle field, which was the subject of a dispute with Dana Petroleum in 2016-17.
Westwood Global Energy reports that as of 22 August there were two active exploration wells and six appraisal wells drilling in the UK.
Production from the Western Isles project in the North Sea delivered a huge boost to Dana Petroleum's profits and revenues last year.
An Aberdeen-based oil and gas firm has been fined for accidentally releasing 83 tonnes of "toxic mud" into the North Sea.