Analysts: Laggan-Tormore, Clair Ridge among potential targets for Viaro
A handful of West of Shetland assets have been highlighted by industry experts as potential acquisition targets for Viaro Energy.
A handful of West of Shetland assets have been highlighted by industry experts as potential acquisition targets for Viaro Energy.
Around three billion barrels oil equivalent (boe) of resources,worth a total $5 billion are on the market, in Southeast Asia.
The largest discovery in a decade for the region will now open up more than a dozen other prospects in the Southern North Sea.
Harbour Energy (LON: HBR) is "bloated" staff-wise, say analysts, and this week the firm said it would slash jobs in Aberdeen due to the UK Government windfall tax.
The Wison FLNG unit will be Eniโs second offshore Congo.
There are only six big-spend projects expected for the UK North Sea and West of Shetland in the coming years, meaning limited opportunity for big players to benefit from windfall tax offsets.
Its more than a year since Shell (LON: SHEL) said it wouldn't invest in the Cambo oilfield, but as the project approaches a green light, the firm is weighing whether to stick or sell up its stake.
The UK North Sea saw little bounce back in activity following the 2020-21 โCovid lowโ, with only the M&A space staying buoyant.
Westminsterโs hopes of spurring North Sea spend in the coming years could be derailed by one fundamental issue: a lack of available projects.
Removing and recycling old oil and gas assets will go a long way towards helping the North Sea hit its emissions reduction targets.
Oil and gas majorsโ share of production in the UK is tipped to rise dramatically in the coming years, putting an end to a period of flux.
Eni and ExxonMobil have both confirmed the start up of the Coral Sul floating LNG (FLNG) project, offshore Mozambique.
TotalEnergies (PARIS: TTE) has kicked off hotly-anticipated appraisal drilling at the Isabella discovery in the UK North Sea.
Analysts have backed Shellโs (LON:SHEL) Shearwater production hub to keep operating well into the next decade.
As the North Seaโs limited exploration well roster delivers a series of disappointing results, are there any promising plays left in E&P hoppers?
North Sea firm Siccar Point Energy is nearing a decision on how best to proceed with its West of Shetland Tornado project.
Following the approval of Shellโs Jackdaw field, analysts are weighing in on whether the move signals an acceleration on reported government plans to โfast trackโ key North Sea fields.
Welligence Energy Analytics has appointed Juan Agudelo to head the companyโs energy transition offering. Agudelo follows in a long line of Wood Mackenzie executives to join Welligence.
Environmental groups say a change of ownership at the controversial Cambo development will not alter the prospects for what they call a "doomed" field, following news that Ithaca Energy will acquire operator Siccar Point.
Firms wonโt be rushing into deals or investment off the back of higher oil and gas prices โ the boom may even be stalling such activity in the North Sea, according to top analysts.
The North Seaโs new class of operators could be poised to further strengthen their dominance in the basin with several major assets expected to hit the market.
Italian Minister of Foreign Affairs Luigi di Maio has visited Angola and Congo Kinshasa in order to secure new sources of gas.
Shell and Namcor have announced a light oil discovery at the Graff-1, offshore Namibia.
Eni has spudded the Mlima-1 exploration well, offshore Kenya, in the deepwaters of the Lamu Basin.
The decision by Shell not to invest in the Cambo project has been deemed a โhuge blowโ for the UK industry and the potential for emissions-busting technology in the West of Shetland.