HSM Offshore Energy picked to manufacture two North Sea platforms
Dutch engineering firm HSM Offshore Energy has bagged a deal to fabricate two North Sea platforms.
RockRose
Repsol Sinopec extends North Sea FPSO deal
North Sea operator Repsol Sinopec Resources UK (RSRUK) has struck a deal with Bluewater to extend the charter of the Bleo Holm FPSO.
‘Right assets right hands’ approach to decom may spell good news for integrated firms
A “right assets right hands” approach to retiring North Sea infrastructure could benefit new decommissioning suppliers, according to an industry chief.
Andrew Austin’s Kistos clinches maiden acquisition
Entrepreneur Andrew Austin’s new energy sector investment company Kistos has clinched its maiden acquisition for an initial £190 million.
Taqa hands in decommissioning plans for two North Sea platforms
Oil and gas firm Taqa has handed in decommissioning plans for two of its northern North Sea platforms to the UK Government.
RockRose growth prospects ‘undimmed’, Brae transfer gets under way
RockRose Energy’s boss today insisted the firm’s growth prospects were “undimmed” by the slump in crude prices.
Updated: Aberdeen oil minnow reels in buyer for North Sea discovery
An oil and gas industry veteran who “hails from north-east fishing stock” has reeled in a buyer for his firm’s southern North Sea discovery.
Marathon Oil profits plunge by half
Houston's Marathon Oil reported a $174 million net profit for the first quarter that fell about 50 percent from the first three months of 2018.
RockRose notes progress during ‘year of significant delivery’
New UK North Sea operator RockRose Energy has said it is making “strong progress” towards its longer-term ambitions after a “year of significant delivery”.
RockRose withdraws debt offer for IOG, whose shares nosedive
RockRose Energy has withdrawn its £52.5 million offer to buy the debt of takeover target Independent Oil and Gas (IOG).
Feud between North Sea oil firms heats up
Bosses at Independent Oil and Gas yesterday accused RockRose Energy of “significantly undervaluing” the company and vowed to press ahead with their North Sea projects.
RockRose eyeing opportunities with ‘large lens’, says analyst
RockRose Energy is eyeing up North Sea takeover opportunities with a large lens, according to consultancy Westwood Global Energy Group.
Investment boost for Marathon’s ‘unloved’ North Sea assets
RockRose’s swoop for Marathon Oil’s UK business will breathe new life and investment into “unloved and marginal” North Sea assets, an analyst said yesterday.
Shell gives North Sea FID number 11 this year, six more to go, Woodmac says
Shell’s decision to go after gas from the Arran field gave the UK North Sea its 11th project sanction of 2018.
Updated: RockRose completes Dyas BV acquisition
Oil firm RockRose Energy said today that it had completed the £94 million acquisition of Dyas BV.
Updated: RockRose raises Arran stake further, ticks boxes on Dyas acquisition
Fast-growing UK oil firm RockRose Energy has managed to beef up its stake in a North Sea field by another 10%.
RockRose doubles production with Dutch acquisition
Oil firm RockRose Energy has clinched a deal to buy 13 million barrels worth of non-operated oil reserves in the Netherlands for £94 million.
Faroe CEO’s pay package swells to over £1million
Faroe Petroleum’s CEO Graham Stewart saw his total pay package swell to over £1million last year.
RockRose completes pair of North Sea acquisitions
North Sea oil firm RockRose Energy today confirmed the completion of two acquisitions.
RockRose snaps up more North Sea interests in Sojitz takeover
RockRose this morning confirmed plans to acquire Sojitz Energy Project Limited from Sojitz Corporation, a Japanese firm.
RockRose Energy zeroes in on Maersk Oil’s North Sea assets
RockRose Energy this morning confirmed it was one step closer to finalising its North Sea acquisition deal with Maersk Oil.
RockRose buys trio of Maersk Oil’s UK North Sea interests
RockRose Energy has snapped three of Maersk Oil's UK North Sea interests.