A new company launched by a US energy investment firm has bought a UK gas processing plant and says it has plans to buy more North Sea oil and gas infrastructure.
The CEO of Irish independent Providence Resources believes the company is on to a winner with the Barryroe field in the Celtic Sea.
BP describes it as the Ultimate Field Trip. The winning team of the 2011 contest will get the opportunity to experience and contribute to the real challenges facing this super-major today during a six to eight-week paid summer internship.
ABERDEEN-BASED oil and gas operator Dana Petroleum said yesterday that gas production had begun at the Babbage field in block 48/2a in the UK southern North Sea.
MORE than 150 delegates have the opportunity to improve their grasp of the business opportunities presented by the decommissioning of the oil and gas infrastructure at an Oil & Gas UK conference on May 26-27 in Newcastle