Centrica has big plans for Norway
When Centrica Energy set out its plans to grow its upstream business by 50% in three to five years in late 2011, it already had Norway in mind as a key area of growth.
producing assets
Parkmead completes deal for first production
Aberdeen oil and gas explorer Parkmead said yesterday it had completed a deal to buy stakes in some onshore oil and gas fields in the Netherlands.
Parkmead set to drill first well within weeks
Fledgling oil and gas independent Parkmead Group will drill its first well in the North Sea within weeks.
Oil firm’s £6.5m jobs boost
ABERDEEN oil and gas service firm XPD8 Solutions hopes to recruit 20 people in a year to meet demand.
Gas group Centrica slimming down North Sea portfolio
Centrica confirmed yesterday it was moving to slim down its North Sea portfolio following the £1.3billion deal to take over Aberdeen-based Venture Production last year.
Fairfield Energy postpones plans for stock-market listing
Aberdeen-based oil and gas company Fairfield Energy confirmed yesterday it had postponed its stock-market listing after weak markets spooked potential investors.
Oil from new well is North Sea milestone for TAQA
TAQA Bratani, the UK arm of Abu Dhabi national energy company TAQA said yesterday that production had started from its first new North Sea well.