North Sea operator Chrysaor has made a large profit in its first full year since its £3billion mega deal with Shell.
US oil firm ConocoPhillips has agreed a £2billion deal to sell its North Sea assets to Chrysaor.
World-class discoveries made in the UK North Sea in recent months have “turned heads” of investors, according to the chief executive of Chrysaor.
Much has been made in the press and on social media of Phil Kirk of Chrysaor’s comments at Safety 30 in Aberdeen that “lawyers need to get lost” for proper collaboration and safety advances to happen in the oil and gas industry.
Chrysaor chief executive Phil Kirk admits it is “spooky” that his 10-year-old can recite the company’s core values.
The boss of oil firm Chrysaor has said he is “more than cautiously optimistic” about the North Sea’s future after completing a deal for a package of assets from Shell.
North Sea independent Chrysaor has agreed terms to become the third and biggest tenant in The Capitol office development in Union Street, Aberdeen.
Chrysaor’s chief executive said today that the acquisition of £3billion worth of North Sea assets from Shell could be just a start for the company he founded.
There is no simple panacea for solving rock bottom levels of exploration in the North Sea, according to industry veteran Phil Kirk.