A joint venture created to recover stranded gas reserves through gas-to-wire (GTW) technology has teamed up with Petrofac.
The North Sea oil and gas industry needs to work out how to tap marginal fields before decommissioning gets into full swing, two industry chiefs warned.
Enegi Oil has plans to produce from fields in the UK North Sea using "game-changing" buoy technology.
THE new Treasury minister charged with handling issues including North Sea oil taxation welcomed Nexen and its partner's investment.
COMBINED investment of £10billion by BP and its partners appeared to dampen claims that North Sea investment had been damaged by the chancellor's March tax grab.