‘Tremendous’ performance amid pandemic set up Tailwind for year of investment, with more to come
Bosses at Tailwind Energy said the North Sea oil firm’s “tremendous” performance during the Covid pandemic had set up a “year of investment” in 2021.
Shearwater
BP sells stake in Shearwater field to Tailwind, but holds onto Andrew
BP said today it had agreed to sell its stakes in the Shearwater field to Tailwind Energy for an undisclosed sum.
BP nears sale of stake in UK North Sea Shearwater field to Tailwind
BP is in advanced talks to sell its 28% interest in the Shearwater field in the UK North Sea to Tailwind Energy, an explorer backed by trading house Mercuria Energy Group, people familiar with the matter said.
Number of Covid cases linked to Safe Zephyrus outbreak doubles
Further Covid-19 cases have been recorded on a North Sea accommodation vessel following outbreak earlier this week.
Covid-19 cases confirmed aboard North Sea accommodation vessel
Shell has said it is taking “all appropriate precautions” after a handful of Covid-19 cases were detected aboard an accommodation vessel stationed on one of its North Sea fields.
BP fielding final bids for package of North Sea assets
BP is fielding final bids from a handful of junior energy companies for its North Sea assets, according to people familiar with the matter.
Serica kicks off drilling on Covid-delayed Columbus project
Serica energy has started drilling the development well for its 14million-barrel Columbus project in the North Sea, which was delayed by Covid.
ExxonMobil agrees sale of UK North Sea assets to NEO in $1billion deal
ExxonMobil has agreed to sell a package of UK northern and central North Sea assets to NEO Energy in a deal worth more than $1billion (£707.3m).
BP relaunches sale of North Sea oil fields – report
BP is relaunching the sale of its interests in a number of North Sea oil fields, according to Reuters, after the collapse of its deal with Premier Oil last year.
Premier Oil deal won’t end Chrysaor acquisition spree – Westwood
The Chrysaor-Premier Oil mega merger won’t mark the end of Chrysaor’s acquisition spree, according to the top consultant at Westwood Global.
Premier boss expects ‘further talks’ on BP deal post-merger
Tony Durrant said he was “disappointed” that Premier Oil’s acquisition of BP’s stakes in the Andrew and Shearwater fields had been derailed.
Premier Oil seeks another price cut for BP North Sea assets – report
Premier Oil is seeking another price cut for the North Sea assets it is buying from BP, according to a news report.
Shell confirms first gas from Fram field
Production from Shell's Fram gas and condensate field in the UK central North Sea has started up.
‘Milestone’ reached in Premier-BP North Sea deal
Premier Oil has reached another “important milestone” in completing the revised acquisition of BP’s stakes in two UK North Sea fields.
Premier Oil scraps £152million Dana Tolmount deal, creditors approve BP North Sea acquisitions
Premier Oil has scrapped a $191million (£152m) deal to acquire an additional 25% stake in the Tolmount project from Dana Petroleum.
Premier Oil renegotiates deal to buy BP North Sea assets
Premier Oil has renegotiated its deal to buy a series of North Sea assets from BP and ended a dispute with its largest creditor.
RockRose Energy slashes spending and cuts number of North Sea wells for 2020
RockRose Energy has slashed spending for 2020 by more than £80m in response to the Covid-19 outbreak and cut the number of UK wells it will participate in.
Serica Energy’s 13m barrel Columbus project ‘likely’ to be delayed due to virus
Serica Energy’s 13million barrel Columbus gas project in the North Sea is facing potential delays due to the Covid-19 outbreak.
Shell making progress on Jackdaw plans
Shell has reached another checkpoint on the way to developing the Jackdaw field in the central North Sea.
Updated: BP selling £475m worth of North Sea assets to Premier Oil
Energy giant BP has struck a deal to sell £475 million worth of North Sea assets to Premier Oil.
Shearwater wins Gambian work for FAR
Australia’s FAR has awarded a contract to acquire 3D seismic in The Gambia to Shearwater GeoServices.
VIDEO: Critically endangered shark spotted at UK gas field
Stunning footage has been captured of a critically endangered shark swimming at a gas field in the UK North Sea.
Shell request sees Survitec increase lifeboat capacity on Shearwater gas hub
A request by Shell has seen offshore safety firm Survitec increase lifeboat capacity on the oil and gas giant's Shearwater gas hub.
Shell selection shows we can compete in UK, says Rosetti Marino
Italian engineering firm Rosetti Marino said today that its selection by Shell for an early phase design contest showed the firm was “competitive” in the UK.
BP restarts Shearwater sale after Shell talks end – report
BP is seeking other buyers for its stake in the Shearwater field after talks with Shell fell through, according to a news report.