Faroe exploration plans
Faroe Petroleum said yesterday it had five exploration wells planned for 2013 in the North Sea and Norway, plus five development wells.
average production
Statoil seeking 200 staff for north-east operations base
Energy giant Statoil said yesterday it would start recruiting 200 staff in the next three months for its new Aberdeen operations centre.
Green light for Causeway development
Oil and gas firm Valiant Petroleum has been given the green light by the Department of Energy and Climate Change to develop the UK North Sea Causeway field.
Asset-swap deal ‘transformational’
Faroe Petroleum revealed a "transformational" Norwegian deal yesterday.
Talisman’s UK production dips in first quarter
Talisman Energy said yesterday its average production from UK waters dipped to 86,000 barrels of oil equivalent per day (boepd) in the first quarter.
Antrim pushes ahead in North Sea
ANTRIM Energy, the Canadian oil and gas operator which focuses on the UK North Sea and Argentina, reported yesterday that it was continuing to progress its two major projects in the North Sea.
Dana strikes bargain to buy rival
Dana Petroleum said yesterday it had agreed to buy UK North Sea-focused Canadian company Bow Valley Energy for about £125million.
Shutdown to prove costly for Venture
VENTURE Production said yesterday that before last week's shutdown of its operated Kittiwake platform it had expected this year's average production to be around 45,000 barrels of oil equivalent per day (boepd).