Talisman Energy’s chief financial officer to move on
Canadian oil and gas company Talisman Energy said today its chief financial officer Scott Thomson will leave the company to take over as head of heavy equipment dealer Finning International.
canadian oil
Talisman ‘on track’ despite £137m loss
Talisman Energy said yesterday it was on track to meet its cash-flow targets for 2013 despite first-quarter losses of £137million.
Aker taking over venture
International oil service group Aker Solutions has said it is strengthening its commitment to the Canadian oil and gas market.
Talisman-Sinopec deal on track
Canadian oil and gas firm Talisman Energy said yesterday it was on track to finalise a deal over its UK North Sea assets with China's Sinopec by the year-end.
Nexen hails 71% rise in Buzzard field’s output
Canadian oil and gas firm Nexen said yesterday production from the Buzzard field rose 71% in the second quarter, compared with the same period last year, helping boost revenue.
Nexen to drill in North Sea
Nexen said yesterday it had an exploration programme planned for 2012 in the UK North Sea.
Antrim to drill three North Sea wells before 2012
Canadian oil and gas explorer Antrim said today it is to drill three wells in the North Sea by the end of the year starting with the Erne prospect.
Suncor triples operating profits
Canadian oil and gas producer Suncor said today its third quarter operating profits nearly tripled aided by high oil prices, better refining margins and increased production at its oil sands business.
Cladhan field oil estimates revised upwards
A Canadian oil and gas company announced "significant upward revisions" yesterday of estimated resources in its operated Cladhan oil field north-east of Shetland.
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.
DECC spells out terms for Velo transfer
VELO Energy said yesterday it had received clarification from the Department of Energy and Climate Change on transfers of non-operated licence interests in the UK North Sea to the company.
Technical problem curtailing production at Buzzard
Nexen said yesterday the Buzzard oil field in the UK North Sea had reduced output to 30,000-50,000 barrels of oil equivalent per day (boepd) because of a technical problem.
Canadian oil and gas firm fears it could run out of cash
Stratic Energy sounded a warning yesterday on its ability to continue to operate as a going concern.
Jobs expected as Hunting to invest £20m in north-east
International energy service company Hunting said yesterday that the Aberdeen area was a continuing focus for investment in its business, and that more jobs would be created as it expanded.
Oil firm to liquidate remaining assets
STRICKEN Canadian oil and gas company Oilexco said yesterday it had obtained a court order allowing it to liquidate its remaining assets and reach a compromise agreement with creditors.
Talisman reports 69% surge in income in ‘year of change’
Talisman Energy, the Canadian oil and gas operator which has significant interests in the UK North Sea and Norway, said yesterday that 2008 was a year of change for the company.
Nexen finds oil near recent Golden Eagle discovery
Canadian oil and gas operator Nexen announced an oil discovery yesterday in the Hobby exploration well, in block 20/1 in the outer Moray Firth.
Oilexco battling to remain on exchange
Oilexco, the Canadian oil and gas operator whose UK subsidiary Oilexco North Sea (ONS) is in administration, has reported that the Toronto Stock Exchange has agreed to delay its delisting until Tuesday.
Banks call for immediate payment of loans to Oilexco
OILEXCO, the Canadian oil and gas company whose assets are held principally through its UK North Sea-focused subsidiary Oilexco North Sea (ONS), has said it has received demand letters from the Royal Bank of Scotland, on behalf of itself and other lenders, for immediate repayment of loans.
Dyas taking £40m slice of North Sea explorer’s assets
Ithaca Energy, a Canadian oil and gas explorer focused on the UK North Sea, has agreed a deal to sell 25.25% of all its assets to Dyas UK for £40million in cash.
New firm to target stranded assets
Three former employees of Enterprise Oil have set up their own company to acquire and develop oil and gas properties in the North Sea and northern Europe.