Petrofac bags five-year UK well management deal with NEO Energy
Petrofac has landed a five-year well management contract extension with NEO Energy, covering five offshore fields in the UK North Sea.
Finlaggan
First gas reached at NEO Energy’s Covid-delayed Finlaggan field
NEO Energy has started gas production at the Finlaggan field in the Central North Sea, following a year of Covid-related delays.
‘Sunrise, not sunset’: HitecVision looks to Penguins and Britannia investments in North Sea
Private equity player HitecVision has said the North Sea is “anything but mature” as it looks towards major investments in the UK sector.
Ancala wins multi-million pound deal to bring Edvard Grieg gas to Scotland
Ancala Midstream has won a multi-million pound deal to transport gas from the prolific Edvard Grieg Area in Norway for processing in Scotland.
Zennor goes ‘carbon neutral’ ahead of first gas from flagship North Sea field
North Sea minnow Zennor Petroleum claims to have become one of the first UK operators to go “carbon neutral” as first gas from its flagship Finlaggan field beckons.
Private-equity backer’s exit options the same as they’ve always been, Zennor boss says
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.
Virus delays first gas from Zennor’s Finlaggan project
Private-equity backed Zennor Petroleum has pushed back the date of first gas from its flagship Finlaggan project by about a year, to the fourth quarter of 2021, as a result of Covid-19.
Chrysaor cuts spending plans by 30% as Covid delays North Sea hub projects
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.
Zennor pushing forward with new central North Sea gas projects
Zennor Petroleum is “pushing forward” with plans for two more central North Sea projects which would follow on from the firm’s Finlaggan development.
Zennor reaches ‘significant milestones’ for Finlaggan project
Zennor Petroleum has said it has reached two “significant milestones” for the development of its Finlaggan project in the North Sea.
Project approvals give North Sea burst of ‘old and new’ money
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 cleared to develop Finlaggan field
Zennor Petroleum will go ahead with the Finlaggan field development after the UK oil regulator approved its plans.
Zennor in ‘strategic’ swoop for Britannia stake
North Sea oil firm Zennor Petroleum will buy a stake in the Britannia field, which will serve as the export route for its Finlaggan asset.
Zennor targets Finlaggan start-up in 2020
North Sea minnow Zennor Petroleum is targeting 2020 for the start of production on the Finlaggan discovery.
Zennor Petroleum aims for first North Sea production in 2019
Zennor Petroleum has successfully appraised its Finlaggan well in the UK Central North Sea.
Equity firm invests up to $400million in UK-based Zennor Petroleum
UK exploration firm Zennor Petroleum (previously named MPX) could receive up $400million in funding from a private equity firm