Wintershall Dea saw profits fall while production remained steady, in a year of ‘macroeconomic headwinds’.
There are several “deals to watch” in the UK North Sea in 2024 as a general election looms and companies reshuffle their positions.
Valaris has revealed a number of contracts in UK waters in its latest fleet status report as it boasts a $3.9 billion backlog.
A concession will likely need to be made to get the $11.2bn asset deal through, says Munich-based expert
The developers behind the Viking carbon capture and storage (CCS) project have awarded a front end engineering and design (FEED) contract to French firm Technip Energies.
Harbour will emerge with “stronger credit, we expect to reach investment grade credit on completion, which will give us access to lower-cost capital for future growth”.
Britain's leading oil and gas producer will focus its Granite City footprint on Prime Four.
Shares in Harbour Energy fell on Thursday after warning an “unusually high level” of North Sea shutdowns and deferred drilling will hit its production levels.
Harbour Energy’s legal team has said their recent court case against Shell has underscored the “far reaching” impact of sanctions on Russia.
A pair of the North Sea's largest oil and gas operators have gone to court over a contract spat brought on by European sanctions against Russia.
The firms behind the Acorn carbon capture and storage (CCS) and hydrogen joint venture have announced Nic Braley to lead its project team.
"We hope that this exploration well will discover large oil and gas reserves, as we discovered through drilling the Layaran-1 well," Hudi said.
The UK government outlined its CCUS Vision in December, but where will the carbon set to be stored in offshore sites be sourced from?
Harbour Energy (LON: HBR) shares have jumped after announcing an $11.2bn mega-deal for Wintershall DEA - in a pivot away from the UK sector.
North Sea giant Harbour Energy (LON: HBR) has unveiled an $11.2bn deal to buy German oil and gas firm Wintershall DEA.
“This development offers material commercial opportunities and adds momentum to our strategic growth story. This is not only a significant development for Mubadala Energy but a huge milestone for Indonesia’s and Southeast Asia’s energy security,” he said.
The Noble Intrepid will spend three extra months at the Judy field following a brief stint in Aberdeen's south Harbour.
It takes time to settle into a new environment and adapt to new people, new surroundings.
First gas has been achieved at the Tolmount East project in the UK North Sea operated by Harbour Energy (LON: HBR).
Harbour Energy, the North Sea's largest producer, has said start-up is "underway " at its new Tolmount East project.
ADNOC and UK-listed Harbour Energy are both reported to be considering a deal for BASF's Wintershall Dea business.
Aberdeen-based industrial data and engineering consultancy Imrandd has reported its most significant six-month growth period, securing £2 million in contracts and an increase in headcount.
Harbour Energy has issued a $100 million dividend payment to shareholders in the wake of its recent restructuring and redundancy process.
The Noble Intrepid jack-up has arrived at Aberdeen’s South Harbour ahead of work with Harbour Energy (LON:HBR).
Dana Petroleum has announced a successful hydrocarbon discovery at its Earn exploration well in the southern North Sea.