North Sea operator i3 Energy has handed back the licence for its flagship Liberator field after deeming the resources “sub-commercial”.
I3 Energy has issued more than half a million new shares to fund its acquisition of Gain Energy’s petroleum and infrastructure assets.
Shares in i3 Energy climbed by more than 12% this morning after the firm said it had received a positive response to the launch of its farm-out process for North Sea assets.
Westwood Global Energy reports that as of December 31 there were two active exploration wells drilling in the UK.
Shares in North Sea explorer i3 Energy sank today after the company said its plans to develop targets in the outer Moray Firth hinged on finding additional funding.
North Sea explorer i3 Energy has started drilling a new pilot well at its Liberator field in the outer Moray Firth.
North Sea operator i3 Energy is aiming to enter into discussions to develop its new oil discovery as a joint project with Repsol Sinopec Resources UK (RSRUK).
Drilling has started at i3 Energy’s Serenity field in the outer Moray Firth.
Losses at i3 Energy widened in the first half of 2019 as the company prepared to drill three wells in the North Sea.
The Borgland Dolphin rig is preparing to mobilise to drill an exploration well on i3 Energy's Serenity field.
Dolphin Drilling has hailed its “rebirth” after going debt-free and picking Aberdeen as its international headquarters.
North Sea oil firm i3 Energy said today that the Borgland Dolphin semi-submersible drilling rig has started drilling a well on the Liberator field in the outer Moray Firth.
i3 Energy has announced the Borgland Dolphin rig is about to begin its journey to the Liberator field in the North Sea.
Baker Hughes GE (BHGE) has been awarded contracts worth £3million from i3 Energy for two upcoming North Sea prospects.
North Sea explorer i3 Energy is on the cusp of what it hopes will be a “game changing” drilling campaign.
North Sea explorer i3 Energy has hired a rig for a 94-day drilling campaign this summer.
An Aberdeen-based subsea engineering and project management firm has won £2 million worth of new orders since the start of the year, and hired 12 new staff members.
North Sea explorer i3 Energy has managed to raise £16 million through a share placing.
North Sea firm i3 Energy said today that its flagship licence in the outer Moray Firth could contain 500 million of stock tank barrels of oil.
The new boss at i3 Energy said today that he is "very pleased" with the North Sea oil firm's efforts to make the most of blocks containing its Liberator discovery.
North Sea oil firm i3 Energy has appointed acquisitions and divestitures advisor, FirstEnergy Captial, to assist with the company’s farm-out process for the Liberator development.
A co-founder of i3 Energy will step down from the top role at the North Sea oil firm.
North Sea oil firm i3 Energy is making progress with its Liberator field development plans despite struggling to overcome stumbling blocks with a potential joint venture partner.
Westhill-based i3 Energy is to start surveying work ahead of seeking approval for its Liberator development in the Moray Firth.
i3 Energy has secured an extension to a loan facility in order to deploy resources to “time-critical elements” of its North Sea Liberator development.