Premier says new North Sea well imminent, keeps chipping away at debt
UK-headquartered Premier Oil said today that drilling of the Tolmount East appraisal well would start "imminently" in the southern North Sea.
Premier Oil
‘Significant’ rise in Zama estimates, Premier Oil says
Premier Oil said today that the resource estimate for the Zama field offshore Mexico had been raised "significantly" following the drilling of appraisal wells.
IOG hires oil industry veteran Hawkings
Independent Oil and Gas (IOG) has appointed Neil Hawkings as an independent non-executive director.
Cairn ‘knows what needs to be done’ with North Sea Kraken field
Scottish oil firm Cairn Energy has said it has lived up to its production guidance for the first part of 2019 and hailed the performance of the North Sea Catcher field.
Premier Oil faces investor wrath over exec pay
Another “shareholder spring” is gathering momentum after North Sea operator Premier Oil became the latest company to face the wrath of investors over its pay awards for top bosses.
Premier Oil cuts debt ‘faster than expected’, raises production guidance
UK-headquartered Premier Oil said today that its debt pile was shrinking faster than expected.
HSE scolds Premier Oil over ‘inadequate’ explosion procedures on Balmoral
The Health and Safety Executive (HSE) has handed Premier Oil an improvement notice on the Balmoral platform.
Delek confirms bid for Chevron’s central North Sea portfolio
Israel-headquartered firm Delek Group today confirmed it had tabled an offer for a package of central North Sea assets owned by US oil major Chevron.
Premier Oil warned over Balmoral platform flare
Premier Oil was warned by regulators after issues with the Balmoral platform's flare created a safety risk.
Premier Oil scores further well success at Zama
Oil major Premier Oil has announced a further well test success at its Zama discovery off the coast of Mexico.
Updated: NHV wins Premier Oil contract for North Sea flights
Helicopter operator NHV has continued its rapid rise by clinching a new contract to provide flights to Premier Oil’s North Sea assets, departing from its Aberdeen base.
Premier Oil completes £50m sale of Pakistan business
UK-based Premier Oil has completed the sale of its Pakistan business. Premier has divested Premier Oil Pakistan Holdings to Al-Haj Energy for £50 million. It follows the receipt of necessary approvals and finalisation of working capital adjustments.
Industry stalwart Pinto honoured at awards ceremony
An energy industry stalwart was recognised for his technical nous and role in inspiring young people to get into engineering careers at a glittering awards ceremony in Aberdeen last night.
‘Obvious benefits’ to more North Sea acquisitions says Premier boss
Premier Oil’s chief executive said yesterday the firm was “running hot” as it posted its first set of profitable results since 2013.
Record production steers Premier Oil back into the black
Premier Oil said today that it returned to profitability in 2018 as group production reached record levels.
Babcock bags Catcher modifications deal
Babcock will undertake fabrication and modification work on the vessel serving Premier Oil's Catcher field in the North Sea as part of a four-year agreement.
Operators line up for Southern North Sea supply chain event
A series of oil and gas operators have been lined up for a major southern North Sea (SNS) supply chain event.
Talon Petroleum clinches second North Sea acquisition
Australian firm Talon Petroleum has struck a deal to buy EnCounter Oil, more than doubling the size of its North Sea portfolio.
Premier and Talos announce success at Zama well
Talos Energy and partner Premier Oil have announced a successful appraisal well at the huge Zama discovery offshore Mexico.
Updated: Premier Oil says no firm decision on Chevron bid, shares drop
Premier Oil insisted this morning that it had not made a "firm decision" whether to bid for Chevron's North Sea assets.
Premier Oil exceeds expectations with debt reduction drive
Premier Oil's debt reduction drive exceeded expectations in 2018, buoyed by record annual production.
Premier teams up with Ensco for North Sea wells
Premier Oil has booked the Ensco 123 rig to drilling two wells in the North Sea, starting in July.
Mystery as assets of Fort William diving and test centre sold
Assets have been sold following the administration of Fort William’s Underwater Centre.
Premier Oil applies for North Sea tieback project
Premier Oil is making progress with plans to develop the Laverda field in the Greater Catcher Area.
Premier Oil enters race for Chevron assets with Chrysaor
Premier Oil Plc is considering a bid for a package of North Sea oil and gas assets put on the block by U.S. oil major Chevron Corp. that’s worth about $2 billion, according to people familiar with the matter.