DEO ups stake in Perth field after Maersk withdrawal
Aberdeen oil firm DEO Petroleum has increased its stake in the North Sea Perth field by 10% after Maersk Oil withdrew from the project.
Aberdeen oil firm DEO Petroleum has increased its stake in the North Sea Perth field by 10% after Maersk Oil withdrew from the project.
Subsea 7 said today it is to build a new vessel after winning a five-year deal with oil firm Petrobras.
AN OIL company will today launch a fight against claims that staff working on one of its offshore platforms suffer from a lack of privacy.
SHARES in BP rose yesterday after it said it would receive about £2.5billion in a settlement with one of its partners at the site of last year's Gulf of Mexico disaster.
ABERDEEN oil firm DEO Petroleum said yesterday it had submitted a field-development plan (FDP) for the Perth licence area in the central North Sea.
Aberdeen oil firm DEO Petroleum UK has announced changes to stakes in the Perth licence area in the central North Sea.
US oil firm Apache Corporation said last night it had completed a "merger" with fellow-Houston company Mariner Energy.
An oil firm has been granted a court order preventing environmental protesters from blocking the progress of a drilling ship in the North Sea.
ABERDEEN oil firm Faroe Petroleum said yesterday that Tim Read had been appointed to its board as a non-executive director.