The 1990s were a brutal time in the North Sea, with the oil & gas industry largely pre-occupied with trying to recover from the 1986 global price crash and culminating with the second crash, the slide for which began in 1997 and bottomed out late 1998/early 1999.
Thousands of North Sea caterers are voting on a pay offer which union bosses have described as an “insult”.
A deal has been reached which will protect the jobs of nearly 3,000 offshore caterers working in the UK North Sea.
Trinity Exploration & Production announced today that it is debt free.
Oil firm Trinity Exploration and Production has conditionally raised £13.7 million through the placement of new shares.
Trinity E&P said today that the sale of a package of assets in Trinidad to Range Resources had been blocked by regulators.
Trinity Exploration and Production has agreed to sell its stakes in a package of assets in Trinidad and Tobago to Range Resources for $4.5million.
Trinity Exploration and Production said it had delivered a marked turn around in its financial performance in the first half of 2017.
Trinity Exploration & Production today confirmed that James Menzies will be appointed as a non-executive director.
Oil explorer Trinity said today that it is focused on increasing production after completing its refinancing earlier this year.
Shares in Trinity Exploration and Production jumped 300% after the company’s suspension from the alternative investment market was lifted yesterday.
Trinity Exploration today confirmed it has completed its restructuring.
Trinity Exploration today confirmed its Trinidad creditors gave the green light for its restructuring plans.
Struggling exploration and production Trinity said today it would raise nearly £12million as part of wider financial restructuring plans.
Struggling Trinity (LSE:TRIN) has appealed for bankruptcy protection in Trinidad and Tobago as it works to attract investors, the London-listed explorer said yesterday.
Trinity Exploration and Production said it has agreed a new moratorium on principal repayments relating to its outstanding debt with its senior secured lender.
Independent exploration and production company Trinity has agreed a further extension to the moratorium on principal repayments related to its outstanding debt.
Trinity Exploration, the E&P company focused on Trinidad and Tobago, has agreed the latest extension to the moratorium on principal repayments on its outstanding debt balance of $13million with its lender, until the Friday (June 3).
Trinity Exploration said it has agreed a further extension to the moratorium on principal repayments.
Trinity, the independent E&P company focused on Trinidad and Tobago has agreed a further extension to the moratorium on principal repayments, relating to Trinity's outstanding debt balance of $13million with its lender, until April 15.
Trinity said the company has agreed a further extension to its moratorium on principal repayments.
Trinity Exploration and Production has been forced begin talks with refinancing advisers after its $20million asset sale fell through.
Independent E&P company Trinity has agreed a further repayment moratorium on its $13million debt with its lender until February 26.
Trinity exploration and production has secured an extension for loan repayment.
Trinity Exploration has agreed an additional loan extension for its $13million in debt.