Premier Oil has renegotiated its deal to buy a series of North Sea assets from BP and ended a dispute with its largest creditor.
Premier Oil will be “increasing its workforce” in other UK projects as the vessel which produces through its Huntington field prepares to sail off in summer.
Premier Oil’s UK and North Sea boss has stepped down from the role to follow his “strong personal interest” in climate change as the firm announced a new net zero policy.
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.
Another “shareholder spring” is gathering momentum after North Sea operator Premier Oil became the latest company to face the wrath of investors over its pay awards for top bosses.
Premier Oil’s chief executive said yesterday the firm was “running hot” as it posted its first set of profitable results since 2013.
Premier Oil’s boss said yesterday that any attempt to reverse North Sea tax breaks in the next Budget would damage efforts to encourage exploration.
Premier Oil's boss said today that the company is "looking at" North Sea assets with a view doing acquisition deals.
Premier Oil posted a strong half year result, after confirming its one billion barrel find with Talos Energy.
Premier Oil this morning said it had made a "world class" oil discovery.
Premier Oil chief executive Tony Durrant enjoyed a £360,000 boost to his overall pay package in 2016.
Premier Oil chief executive Tony Durrant said last night he aimed to have the North Sea operator’s net debt down to a “rule of thumb” level by the end of next year.
Oil majors are striking the right deals for the North Sea, Premier Oil’s chief executive Tony Durrant said.
Premier Oil saw tens of millions of pounds piled onto its market value yesterday.
Premier Oil chief executive Tony Durrant has acquired 312 shares of the firm’s stock.
The Oil and Gas Authority must be able to force companies to keep their pipelines and refineries open in the wake of low oil prices, according to Premier Oil's boss.
Premier Oil is eyeing North Sea bargains as the firm promised first oil from its Solan field in time for Christmas.
The former boss of Premier Oil was handed a £1.2million pay-off to leave the company last night.