North Sea oil and gas firm Tailwind Energy has completed its acquisition of Decipher Energy, of Aberdeen.
Tailwind Energy said today that it had agreed to buy fellow UK North Sea oil and gas firm Decipher Energy, of Aberdeen for an undisclosed sum.
Oil firm Decipher Energy hopes to sanction a project to “maximise the value” of the Orlando field in the northern North Sea early next year.
First oil from the Orlando field in the North Sea should be achieved before the end of March, a former project partner said.
North Sea newcomer Decipher Energy has applied for permission to tie the Orlando field back to the Ninian Central platform.
Drilling waste management service firm TWMA has announced a six-figure contract agreement with AGR and Decipher Energy.
The boss at North Sea newcomer Decipher Energy has confirmed that a well will be drilled on its Orlando licence in the near future.
North Sea start-up Decipher Energy has confirmed a deal to buy up North Sea assets out of administration.
North Sea independent Decipher Energy has struck a deal to buy a 25% stake in the Orlando oil field north-east of Shetland.
Faroe-based Atlantic Petroleum has struck a deal to sell its take in the North Sea Orlando licence to a former boss at First Oil for $1million (£822,300).
Administrators yesterday revealed the identity of the frontrunner for the acquisition of now-defunct Iona Energy.