Harbour Energy has returned to profits and is predicting a boost to its North Sea production as drilling campaigns get underway.
Harbour Energy has warned that first gas from the Tolmount field in the UK southern North Sea will be delayed after equipment glitches were uncovered.
Harbour Energy has confirmed that its Tolmount development is on course to start up production at the end of next month.
A fire on board and other equipment failures cut production at the Premier Oil Catcher FPSO by nearly a quarter last year.
Premier Oil has pushed back the timeline for sanctioning its Tolmount East development in the North Sea.
KNOC is planning to sell 10% of subsidiary Dana Petroleum’s stake in the Tolmount project in the North Sea.
Unplanned outages and impairments took a £100 million bite out of Korean-owned Dana Petroleum’s profits last year, new documents show.
Premier Oil is in "final negotiations" with contractors ahead of an investment decision being made on the proposed Tolmount East development.
‘The valuations for E&P companies on the stock market are not very attractive’ – could we see more North Sea reverse takeovers?
The reverse takeover model could become more of a permanent fixture in the North Sea in the coming years as more private-equity (PE) backed operators look to go public.
Premier Oil has welcomed a major milestone after the Tolmount platform was successfully installed in the early hours of this morning.
Premier Oil has hailed the arrival of its Tolmount platform in the North Sea and kicked off installation work.
The Chrysaor-Premier Oil mega merger won’t mark the end of Chrysaor’s acquisition spree, according to the top consultant at Westwood Global.
Premier Oil is seeking another price cut for the North Sea assets it is buying from BP, according to a news report.
Premier Oil has released images of the Tolmount platform and jacket setting off for the UK North Sea.
Dana Petroleum is understood to be targeting two mature UK North Sea prospects after securing several blocks in the most recent licensing round.
Dana Petroleum has appointed a new CEO from its Korean parent company.
Shares in Premier Oil slumped by almost a quarter in London yesterday after the firm unveiled plans to raise more equity as part of a new refinancing deal.
Premier Oil has reached another milestone in its Tolmount gas project in spite of the Covid-19 pandemic, a photograph shared online shows.
Premier Oil expects to book charges and impairments of up to £480 million, and a 40% drop in revenues, in its upcoming half-year results due to lower oil and gas prices.
Premier Oil has scrapped a $191million (£152m) deal to acquire an additional 25% stake in the Tolmount project from Dana Petroleum.
Industrial service group Altrad has been chosen to provide construction, hook-up and commissioning work on Premier Oil's Tolmount project in the UK North Sea.
Record levels of production from its North Sea assets were not enough to halt a drop in pre-tax profits for Premier Oil in 2019.
Premier Oil said today that its investment in the Catcher project had already been covered by production from the field.
Private-equity firm Antin Infrastructure Partners has agreed to sell North Sea pipeline and terminal owner Kellas Midstream, headquartered in Aberdeen.
Premier Oil’s boss said yesterday that the company had lots to get on with in the North Sea without feeling the need to “chase acquisitions”.