Scottish Gas owner Centrica said yesterday it had completed its £936million deal with Statoil Petroleum to acquire a package of producing and development oil and gas assets in the Norwegian sector of the North Sea.
Valiant Petroleum said it might prioritise investment opportunities differently as the fall-out from the chancellor's tax hit on North Sea oil and gas production continued unabated yesterday.
VENTURE Production said yesterday it had agreed with Dutch-owned Nuon Energy to sell and farm out a package of minority, non-operated interests in some of its producing, development and exploration gas assets in the UK southern North Sea.