Petrofac doubles UK wells with Neo Energy contract
Petrofac has doubled the size of its offshore wells portfolio in the UK North Sea after winning a new contract with Neo Energy.
Petrofac has doubled the size of its offshore wells portfolio in the UK North Sea after winning a new contract with Neo Energy.
Exploration and production firm Neo Energy, of Aberdeen, will replace one mergers and acquisitions (M&A) specialist with another at the top of its management ladder.
Well engineering and project management specialist Fraser Well Management (FWM) has assumed the production well operatorship of six SNS development wells, this appointment marks the launch of a new product line for the company.
Omani firm Petrogas has withdrawn from a deal to buy a package of UK North Sea assets from Total, clearing the way for partner Neo Energy to complete the transaction.
ODE Asset Management (ODE) is delighted to confirm that it has secured a contract from NEO Energy (NEO) for the Babbage Field in the Southern North Sea.
New research by global property giant CBRE has revealed a healthy start to 2020 for the office market in and around Aberdeen.
An oil and gas industry veteran is getting ready to put his “shoulder to the wheel” in the search for funding for his latest North Sea venture.
Petrofac has clinched a two-year deal to provide £38 million worth of services for a new UK North Sea joint venture.
North Sea operator Neo Energy has given £2.5million in funding to a leading research and training body for the UK energy sector.
Norwegian private equity fund HitecVision has decided to merge its two UK North Sea businesses, sparking the exit of Aberdeen-based Verus Petroleum's boss.