Oslo-listed Prospector Offshore Drilling has confirmed a contract with Total covering the use of its first jack-up rig, Prospector I, in the North Sea.
Aberdeen-headquartered oil and gas firm Ithaca Energy said today it had signed an agreement with Ensco Offshore for its development well drilling campaign on the North Sea Stella and Harrier fields.
KOOT: "We want big exposure to Northern North Sea assets. We feel there is a lot of oil to be developed. If you just look at the Triassic, there's 750mmb of oil to be tapped, so we're very much focused on drilling additional wells from the installations we're now involved in.