i3 Energy seeking collaboration with Repsol Sinopec on new North Sea discovery
North Sea operator i3 Energy is aiming to enter into discussions to develop its new oil discovery as a joint project with Repsol Sinopec Resources UK (RSRUK).
RockRose Energy
Profits surge at RockRose Energy in six months before Marathon takeover
RockRose Energy saw a 449% boost in earnings for the first six months of the year – before completing its takeover of Marathon Oil’s UK assets.
HSE warning after vessel collides with North Sea platform
The Health and Safety Executive (HSE) has issued a safety notice after a support vessel collided with an offshore platform in the North Sea.
Taqa moves to oust RockRose Energy as operator of North Sea hub
RockRose Energy faces being ousted as operator of a North Sea hub as it is today re-admitted to the Stock Exchange.
Drilling to begin this month at Independent Oil and Gas’ Harvey prospect
Independent Oil and Gas (IOG) has said it expects the Maersk Resilient drilling rig to arrive at its Harvey prospect by the end of the month.
RockRose completes acquisition of Marathon Oil’s UK business
RockRose Energy has completed its acquisition of Marathon Oil’s UK business.
Repsol Sinopec targets additional 10million North Sea barrels
Respsol Sinopec Resources UK (RSRUK) has announced plans to recover an additional 10million barrels of oil equivalent (boe) from its North Sea assets.
IOG hails year of ‘progress’ on North Sea core projects
Bosses at Independent Oil and Gas (IOG) hailed 2018 as a year of progress for the firm's southern North Sea (SNS) portfolio.
Independent to raise £16.6m to fund North Sea projects
Under pressure North Sea firm Independent Oil and Gas (IOG) expects to raise £16.6 million via the placing of 166m new shares.
RockRose mulls legal action as bid for IOG debt met with silence
RockRose Energy said today that it had offered to buy the debt of takeover target Independent Oil and Gas (IOG) for £52.5 million.
Serious Fraud Office opens investigation into IOG backer
The Serious Fraud Office (SFO) has launched an investigation into London Capital and Finance, which funds the primary backer of Independent Oil and Gas (IOG).
RockRose boss ‘hopeful’ on IOG takeover bid
The boss of Rockrose Energy has said he's "hopeful" about the firm's takeover plans for Independent Oil and Gas (IOG), despite an initial rejection.
Updated: IOG rejects £26.6m takeover proposal from RockRose
Independent Oil and Gas' board has rejected a £26.6m takeover proposal from RockRose Energy.
Marathon employees’ expertise the main attraction for RockRose
RockRose Energy has hailed the “expertise” of workers at the UK North Sea business it is acquiring from Marathon Oil.
Updated: RockRose clinches Marathon Oil UK acquisition
RockRose Energy has struck a deal to buy Marathon Oil's UK business.
Updated: Five years added to the clock for pair of North Sea fields
RockRose Energy said today that the production lives of two North Sea fields had been extended by at least five years to 2029.
RockRose boss says lower oil prices could help seal acquisitions
RockRose Energy's boss said today that the recent slump in oil prices could strengthen the firm's hand on the acquisition trail.
Updated: Shell gives green light for development of gas field
Energy giant Shell said yesterday it had sanctioned the development of the Arran gas field in the central North Sea.
Analyst ‘surprise’ at Dana’s full exit from Arran
RockRose Energy's acquisition of Dana Petroleum's entire stake in the Arran development for a "nominal consideration" is a "very good" move, an analyst has said.
Updated: RockRose snaps up Dana’s stake in North Sea field
Oil firm RockRose Energy has struck a deal to buy Dana Petroleum’s entire stake in a central North Sea field development project.
RockRose hails progress on Dyas purchase
RockRose Energy said today that it was making "good progress" on the acquisition of Dyas BV for $124 million.
RockRose to ‘digest’ latest acquisition, focus on organic growth
RockRose Energy’s boss said the North Sea oil firm would take time to “digest” its latest acquisition, rather than diving into further deals.
RockRose orders report into longevity of Bleo Holm vessel
RockRose Energy said today that it had commissioned a report to determine whether a North Sea oil vessel should be replaced.
Rockrose shares readmitted for trading in London
Shares in Rockrose Energy were today readmitted for trading on the London Stock Exchange.
Updated: RockRose pulls out of deal for North Sea fields
Oil firm RockRose Energy today revealed that its efforts to buy stakes in two North Sea fields were dead in the water.