Ithaca Energy kicks off drilling at Fotla prospect
Ithaca Energy has started drilling work at its Fotla project in hopes of boosting barrels via its Alba field.
Waldorf Production
Deltic farms out five North Sea licences to Cairn including ‘the next Cygnus’
Cairn Energy has agreed a deal to farm-in to five North Sea licences held by Deltic Energy.
Waldorf Production adds to its deal-making clout with new appointment
Waldorf Production UK has hired a mergers and acquisitions (M&A) expert as its general counsel and commercial director, based in its Aberdeen headquarters.
A new M&A wave for upstream E&P – could it be the final wave?
A year on from being hit by some of the biggest challenges the upstream exploration and production (E&P) sector has faced and so far in 2021, we have seen a greater volume of disclosed North Sea deal value than in the whole of 2020.
Waldorf Production boss says firm in the running for more deals
Waldorf Production’s chief executive has said the company remains hot on the trail of more acquisitions after inking a deal to buy stakes in the Catcher and Kraken fields from Cairn Energy.
North Sea offers ‘excitement and upside’, Cairn boss says, despite asset sale
Cairn Energy’s chief executive said today that the UK North Sea still offered “excitement and upside” for exploration and production firms.
UK North Sea one of ‘hottest’ M&A markets globally, Wood Mackenzie analyst says
The blockbuster start to 2021 made by UK North Sea buyers looks set to continue with a further £3.6 billion of assets potentially changing hands by year-end, an analyst has said.
Cairn Energy selling stakes in North Sea fields to Waldorf as flurry of deals announced
Scottish oil company Cairn Energy has agreed to sell its stakes in the Catcher and Kraken fields in the North Sea to Waldorf Production for £330 million.
North Sea newcomer Waldorf snaps up Endeavour Energy
A newly-formed oil firm claimed on Tuesday night that it had captured stakes in four producing North Sea fields through the acquisition of Endeavour Energy UK (EEUK).