Petrogas unveiled as farm-in partner for Cornerstone North Sea assets
Petrogas has revealed itself as the mystery buyer of stakes in a pair of North Sea assets owned by Cornerstone Resources.
Petrogas has revealed itself as the mystery buyer of stakes in a pair of North Sea assets owned by Cornerstone Resources.
Maersk Drilling (CPH: DRLCO) has secured a new contract for its Maersk Resolute jack-up with the Dutch unit of Petrogas, which will see additional wells added to its scope.
Senegal is positioning itself as an alternative source of gas for Europe as Russia cuts supplies of the fuel.
Petrogas has said it will develop the Birgitta gas field in the UK North Sea โwithin the next three yearsโ following a successful appraisal campaign.
As of 26 April, Westwood Global Energy reports that there is one exploration well and one appraisal well active, in the CNS and NNS respectively. One appraisal well is in the process of being suspended since the last report.
Dutch engineering firm HSM Offshore Energy has bagged a deal to fabricate two North Sea platforms.
Maersk Drilling has landed a 19-monthplugging and abandonment (P&A) contract with TotalEnergies and Petrogas through a rig-sharing agreement.
Maersk Drilling and Petrogas North Sea have agreed to exercise an option that will see the Maersk Resilient rig drill an appraisal well at the Birgitta field.
Maersk Drilling has clinched a $4.5 million contract with Petrogas E&P Netherlands to provide the Maersk Resolute rig for a one-well job.
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Omani firm Petrogas has withdrawn from a deal to buy a package of UK North Sea assets from Total, clearing the way for partner Neo Energy to complete the transaction.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 โshoulder to the wheelโ in the search for funding for his latest North Sea venture.
As some of the North Seaโs private equity-backed players prepare themselves for public listings, 2020 is expected to be a โbig yearโ for gauging the size of investorsโ appetites.
As some of the North Seaโs private equity-backed players prepare themselves for public listings, 2020 is expected to be a โbig yearโ for gauging the size of investorsโ 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 ยฃ6.2million 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 ยฃ510 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 ยฃ509m 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.