Anglo-French oil company Perenco is considering selling some of its southern North Sea gas fields.
Perenco has vowed to carry out a review following a scolding from the UK's workplace safety watchdog.
UK oilfield services firm Petrofac will sell 49% of its Mexican business to Perenco.
Perenco has launched plans to decommission its North Sea Tyne platform.
Oil major BP’s Ravenspurn well in the southern North Sea turned out to be a disappointment, project partner Premier Oil revealed yesterday.
Premier Oil has completed the sale of its interests in licences containing the Wytch Farm field to Perenco after receiving the necessary approvals.
Premier Oil has announced that it will sell-off two licences to Perenco UK, one containing Wytch Farm field.
Premier Oil said today that it had agreed to sell its stakes in the Wytch Farm field to Perenco.
A North Sea operator has been issued with a fresh warning after it emerged part of a gas leak detection system on one of its platforms was not connected to the emergency shutdown system.
Oil workers responding to what was assumed to be a false gas alarm on a North Sea installation found themselves trapped by a "highly flammable" hydrocarbon release capable of killing everyone onboard.
Offshore drilling contractor Rowan Companies has picked up more work for its jack-up rigs in Norway, the Gulf of Mexico and Saudi Arabia.
Total today confirmed it had sold-off a string of assets in Gabon.
The Health and Safety Executive (HSE) has handed Perenco an improvement notice following the death of a rig worker off the coast of Norfolk.
Perenco has bought a 70% stake in three fields off the south-east coast of Trinidad for an undisclosed fee.
Cape has won a North Sea deal.