Investment relief leading to ‘a lot more interest’ in North Sea newcomer Cornerstone
More than a month on from its announcement, the nuances of the recent oil and gas windfall tax still divide opinion.
Kistos
Kistos looks to take ‘full advantage’ of profits levy incentives for North Sea investment
The chairman of Kistos has said it intends to take “full advantage” of the government’s new North Sea investment incentives as it looks to new opportunities in the basin.
Kistos confirms move for TotalEnergies West of Shetland assets
Kistos (LON: KIST) has confirmed it is bidding to acquire assets being put on sale by TotalEnergies in the West of Shetland.
Andrew Austin’s Kistos spuds North Sea well
Andrew Austin's new venture Kistos has successfully drilled a North Sea well.
Kistos makes dual board appointments, Andrew Austin to step down as interim CEO
North Sea firm Kistos (LON: KIST), Andrew Austin’s new venture, has made dual appointments to its board of directors.
Andrew Austin’s Kistos hits losses of £4m following Tulip takeover
Entrepreneur Andrew Austin’s energy investment company Kistos hit pre-tax losses of €5.2 million (£4.3m) in its maiden set of results following its takeover of Tulip Oil Netherlands.
Andrew Austin’s Kistos kicks of 2021 North Sea drilling campaign
London-headquartered energy sector firm Kistos has kicked off its drilling campaign for 2021.
Former RockRose CFO rejoins Andrew Austin at Kistos
The former chief financial officer (CFO) at RockRose Energy has rejoined Andrew Austin in the same role at his new venture Kistos.
Kistos target Tulip takes aim at short-term debt
New Kistos acquisition, Tulip Oil Netherlands (TON), has taken steps to target its short-term debt.
A new M&A wave for upstream E&P – could it be the final wave?
A year on from being hit by some of the biggest challenges the upstream exploration and production (E&P) sector has faced and so far in 2021, we have seen a greater volume of disclosed North Sea deal value than in the whole of 2020.
Andrew Austin’s Kistos clinches maiden acquisition
Entrepreneur Andrew Austin’s new energy sector investment company Kistos has clinched its maiden acquisition for an initial £190 million.
Andrew Austin’s new venture Kistos looks to raise £32m via imminent AIM listing
Entrepreneur Andrew Austin’s new energy sector investment company expects to raise £31.75 million via its initial public offering, slated for this week.
EV Out Loud: Austin powers back, steroids for microbes, and heartbreak in Uganda
On this week’s episode, in association with Fasken, the team looks at the return of RockRose Energy founder Andrew Austin to the North Sea fold, after he sold up his former firm for nearly £250m earlier this year.
RockRose founder Andrew Austin makes North Sea return with new company
Andrew Austin is making his North Sea return with a new investment company, aimed at buying up UK assets, after selling RockRose Energy.