Stake in major North Sea discovery to be put up for sale
A sizeable stake in one of the UK North Sea’s largest gas discoveries in years will come on the market once a major acquisition goes through later this year.
Telford
RockRose seals the deal for North Sea fields
London-listed RockRose Energy said yesterday it had signed an agreement with Maersk Oil North Sea UK to acquire non-operated stakes in the Wytch Farm (7.43%), Scott (5.16%)and Telford (2.36%) fields.
Cladhan start-up delivers first quarter boost for MOL
North Sea firm MOL Group more than doubled first quarter profits after its global oil and gas production surged to its highest level since the final quarter of 2012.