Regulators have given oil and gas firm Tailwind Energy the green light to press ahead with its Evelyn project in the UK North Sea.
Dana Petroleum, of Aberdeen, intends to withdraw from a North Sea gas project which had been earmarked for an investment decision in the near term, it can be revealed.
More oil and gas firms are “pivoting” their business models towards shareholder returns and away from high risk and reward exploration, an analyst has said.
UK oil and gas industry figures have stressed the need to protect indigenous hydrocarbon production amid the nation’s drive to net-zero.
UK North Sea oil firm Tailwind Energy is celebrating production from a new well on the Bittern field.
ExxonMobil's UK North Sea assets have attracted suitors from state-owned companies to private equity-backed firms as the US oil giant seeks to exit the aging region altogether, according to people with knowledge of the matter.
Oil and gas minnow Tailwind Energy is pressing ahead with a project to develop the Evelyn field in the central North Sea.
An oil field in the central North Sea has resumed production seven years after a leak forced its shutdown.
Tailwind Energy has wrapped up the acquisition of the UK business of Houston-headquartered oil and gas firm EOG Resources.
Tailwind Energy’s boss has said the North Sea oil firm has “identified” new acquisition targets, but won’t take a scattergun approach to growth.