North Sea M&A: Dealing with the ‘what ifs’ key to a smooth transaction
At the start of the new tax year, we explore the financial landscape of the energy sector.
Kerogen
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.
Private-equity firm to assess case for powering North Sea rigs with floating wind
A private-equity firm with stakes in North Sea firms has pledged to explore using floating offshore wind to power oil platforms.
North Sea parents could be looking to cash in
The owners of two North Sea oil companies could be looking to cash in on their investments.
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.
Hurricane still counting on Kerogen support despite share sale
Hurricane Energy yesterday insisted it had the “continued support” of Kerogen despite the private-equity firm selling about a quarter of its shares in the oil company.
Energean gets green light for Israeli offshore gas fields
Israel has approved Energean's field development plan (FDP) for two offshore natural gas fields in the Mediterranean.
IGas reveals debt restructuring plans, shares drop 5%
Shale company IGas said today that it planned to reduce its debts to £8million from £100million through a financial restructuring
Hurricane Energy lands £52m in investment to drill West of Shetland this summer
Hurricane Energy has landed £52million in investment to drill two wells on its Lancaster field this summer.