Oil and gas operator Tullow Oil said yesterday that in Uganda it was working closely with the government and two potential new partners to accelerate development of three blocks with a discovered resource base of more than 800million barrels of oil.
Faroe Petroleum said yesterday it had enjoyed an excellent year to date with significant exploration success in the Atlantic margin in the Glenlivet gas discovery, in which Faroe has a 10% stake.
Aberdeen-based oil and gas company Faroe Petroleum said yesterday it had agreed to sell its 10% interest in the Breagh gas field in the southern North Sea gas basin.
