Waldorf enters agreement to buy North Sea upstream firm Alpha Petroleum
Waldorf Production has struck an undisclosed deal to takeover North Sea oil and gas firm Alpha Petroleum Resources.
Waldorf Production has struck an undisclosed deal to takeover North Sea oil and gas firm Alpha Petroleum Resources.
The North Sea’s new class of operators could be poised to further strengthen their dominance in the basin with several major assets expected to hit the market.
North Sea oil firm Waldorf Production has struck a deal to acquire MOL Hungarian Oil and Gas’ UK assets.
Minnow Pandion Energy is to more than double its daily production after buying the Norwegian operations of ONE-Dyas.
North Sea focused Waldorf Production has started exclusive talks to buy the assets of Dutch oil and gas company ONE-Dyas BV, according to people familiar with the matter.
Addleshaw Goddard has completed deal activity with a combined value of £1 billion in the last month, a record for the legal firm.
Cairn Energy (LON: CNE) has completed the £334m sale of its interests in the Catcher and Kraken fields in the North Sea to Waldorf Production.
Ithaca Energy has started drilling work at its Fotla project in hopes of boosting barrels via its Alba field.
Cairn Energy has agreed a deal to farm-in to five North Sea licences held by Deltic Energy.
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 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’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.
Cairn Energy’s chief executive said today that the UK North Sea still offered “excitement and upside” for exploration and production firms.
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.
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.
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).