More oil and gas firms are “pivoting” their business models towards shareholder returns and away from high risk and reward exploration, an analyst has said.
A boss at Schlumberger has said Covid-19 was a “good test” for the oilfield service giant as it “braces” itself for the end of the Brexit transition period.
Zennor Petroleum’s boss has said the private-equity-backed oil and gas company is “sitting comfortably” in spite of the Covid-19 pandemic and commodity price drop.
Chrysaor, the North Sea's largest net producer, has cut spending plans by 30% in response to the Covid-19 pandemic, bringing delays to growth projects.
It is hard to know where to begin when describing the scale of the crisis gripping Big Oil.
A private-equity firm with stakes in North Sea firms has pledged to explore using floating offshore wind to power oil platforms.
A group of oil and gas firms have joined forces to plan the delivery of more than 200 million barrels from the outer Moray Firth.
The owners of two North Sea oil companies could be looking to cash in on their investments.
Zennor Petroleum is “pushing forward” with plans for two more central North Sea projects which would follow on from the firm’s Finlaggan development.
BP is progressing towards a final investment decision (FID) for the redevelopment of a field in the central North Sea.
Anacala Midstream has won a multi-million pound contract to process gas from Zennor Petroleum’s Finlaggan field in the North Sea.
Zennor Petroleum has reached a “key step” towards first production at its Finlaggan field in the North Sea.
The Oil and Gas Authority’s approval of two North Sea projects has given the basin an injection of “old and new” money, an analyst has said.
Zennor Petroleum will go ahead with the Finlaggan field development after the UK oil regulator approved its plans.
Private equity start-ups are causing a stir in the North Sea, a new report said.
North Sea minnow Zennor Petroleum is targeting 2020 for the start of production on the Finlaggan discovery.
Zennor Petroleum has completed its UK North Sea acquisition.
The Press and Journal’s long standing energy editor was handed a special award at a glittering ceremony hosted by the oil and gas industry’s leading trade body.
Zennor Pathway Limited today confirmed it had successfully spud its appraisal well in the UK North Sea.
UK exploration firm Zennor Petroleum (previously named MPX) could receive up $400million in funding from a private equity firm