When Centrica Energy set out its plans to grow its upstream business by 50% in three to five years in late 2011, it already had Norway in mind as a key area of growth.
Aberdeen oil and gas explorer Parkmead said yesterday it had completed a deal to buy stakes in some onshore oil and gas fields in the Netherlands.
Fledgling oil and gas independent Parkmead Group will drill its first well in the North Sea within weeks.
ABERDEEN oil and gas service firm XPD8 Solutions hopes to recruit 20 people in a year to meet demand.
Centrica confirmed yesterday it was moving to slim down its North Sea portfolio following the £1.3billion deal to take over Aberdeen-based Venture Production last year.
Aberdeen-based oil and gas company Fairfield Energy confirmed yesterday it had postponed its stock-market listing after weak markets spooked potential investors.
TAQA Bratani, the UK arm of Abu Dhabi national energy company TAQA said yesterday that production had started from its first new North Sea well.