Change of ownership on the cards for North Sea minnow
North Sea oil and gas minnow Ping Petroleum could soon be under new ownership, it is understood.
Ping Petroleum
Hibiscus opts to develop North Sea cluster with FPSO
Malaysian firm Hibiscus Petroleum has opted to use a floating production, storage and offloading vessel (FPSO) to develop a number of assets in the UK North Sea.
Malaysian firm presses on with plans for North Sea blocks
Malaysian oil firm Hibiscus Petroleum said today that it expects to have a field development plan in place for two UK North Sea blocks by the end of this year.
Well drilled to boost production from Ithaca’s Cook field
A new water injection well has been drilled to boost production from Ithaca’s Cook field in the North Sea.
Malaysian duo target 1million barrels from North Sea well
More than 1million additional barrels of oil are expected to be unlocked through a sidetrack well in the central North Sea later this year.