Maersk Drilling has secured a contract from Petrogas E&P Netherlands for the harsh environment jack-up rig Maersk Resilient to drill three wells at the B13 and A12 fields in the Dutch sector of the North Sea.
Neo Energy, of Aberdeen, has completed the revised acquisition of a package of UK North Sea oil and gas fields from Total.
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.
Omani firm Petrogas has withdrawn from a deal to buy a package of UK North Sea assets from Total, clearing the way for partner Neo Energy to complete the transaction.
It was an interesting year for deal-making in 2019, despite political and economic challenges.
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.
As some of the North Sea’s private equity-backed players prepare themselves for public listings, 2020 is expected to be a “big year” for gauging the size of investors’ appetites.
As some of the North Sea’s private equity-backed players prepare themselves for public listings, 2020 is expected to be a “big year” for gauging the size of investors’ appetites.
More Norwegian acquisitions of UK oil and gas assets and businesses are on the cards later this year and into 2020, a top Aberdeen accountant has said.
Maersk Drilling has won a £6.2million contract to drill an appraisal well at a central North Sea field.
French oil giant Total announced yesterday that it would sell off a package of North Sea assets to Petrogas and HitecVision in a deal worth more than £510 million.
Total will remain one of the major players in the UK North Sea despite the proposed sale of a package of assets to Petrogas in a £509m deal.
French oil giant Total has announced that it has divested a package of North Sea assets to Petrogas.
Maersk Drilling has been awarded three consecutive contracts for its jack-up rig Maersk Resolute in the Dutch sector of the North Sea.