Viaro subsidiary RockRose Energy has completed its acquisition of interests in several producing assets in the UK North Sea from energy company SSE.
Upstream business Viaro Energy has bought the Dutch portfolio of Hague and London Oil (HALO) for an undisclosed sum.
Energy firm SSE has clinched a deal to sell its gas exploration and production assets to Viaro Energy for £120 million.
As one of the most unusual years in all of our lives draws towards a close, we have been asked to share a few reflections on the effects felt in the energy sector.
Andrew Austin is making his North Sea return with a new investment company, aimed at buying up UK assets, after selling RockRose Energy.
From an oil and gas perspective, deal activity has remained subdued in Q3 2020, with the Covid-19 pandemic and severe downturn in both Brent and Shale prices still being felt by producers and service providers globally.
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.
North Sea oil and gas producer RockRose Energy has been acquired in a multi-million pound deal.