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.
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RockRose Energy has withdrawn its £52.5 million offer to buy the debt of takeover target Independent Oil and Gas (IOG).
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 Energy is eyeing up North Sea takeover opportunities with a large lens, according to consultancy Westwood Global Energy Group.
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’s decision to go after gas from the Arran field gave the UK North Sea its 11th project sanction of 2018.
Oil firm RockRose Energy said today that it had completed the £94 million acquisition of Dyas BV.
Fast-growing UK oil firm RockRose Energy has managed to beef up its stake in a North Sea field by another 10%.
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 Petroleum’s CEO Graham Stewart saw his total pay package swell to over £1million last year.
North Sea oil firm RockRose Energy today confirmed the completion of two acquisitions.
RockRose this morning confirmed plans to acquire Sojitz Energy Project Limited from Sojitz Corporation, a Japanese firm.
RockRose Energy this morning confirmed it was one step closer to finalising its North Sea acquisition deal with Maersk Oil.
RockRose Energy has snapped three of Maersk Oil's UK North Sea interests.