Cutting the historical umbilical cord
FTSE 250-listed Enquest cut its last tie to co-founding parent Petrofac when it took over full legal guardianship of its offshore projects last month.
FTSE 250-listed Enquest cut its last tie to co-founding parent Petrofac when it took over full legal guardianship of its offshore projects last month.
At the helm of Westhill-based Taqa Bratani, Leo Koot has been able to chalk up some significant achievements.
The major offshore incident has led to concerns over the ageing infrastructure and lack of investment in the North Sea.
North Sea trading in oil an gas fields is healthy and strong, according to a deal adviser.
On July 23, two of China's national oil corporations announced major deals involving the Canadian companies Nexen and Talisman. The transactions are very different in nature.
THE announcement by BP that investment of £10billion is to be made on four major oil and gas developments in the UKCS is obviously welcome news for all stakeholders.
KOOT: "We want big exposure to Northern North Sea assets. We feel there is a lot of oil to be developed. If you just look at the Triassic, there's 750mmb of oil to be tapped, so we're very much focused on drilling additional wells from the installations we're now involved in.