Shell ups stake in BP field
Oil supermajor Shell said yesterday a deal taking its stake in the BP-operated Schiehallion field to 55% would give it access to extra reserves in its North Sea heartland.
started production
CNR extends Ivory Coast operations
CNR International (CNRI) has agreed a contract to extend its Aberdeen-led operations offshore the Ivory Coast.
Centrica spuds well on Butch
CENTRICA Energy spudded an exploration well on the Butch prospect in the Norwegian North Sea yesterday using the Maersk Guardian drilling rig.
TAQA profits surge to £219m
Investment of more than £250million in the UK North Sea helped to boost production, Abu Dhabi's national energy company said yesterdayas it announced a 150% jump in profits.
Venture’s production up by 15% in first quarter
VENTURE Production, the oil and gas operator which has its headquarters in Aberdeen, said yesterday that its production during the period January 1 to April 1 averaged 51,300 barrels of oil equivalent per day (boepd) - up 15% on the same period last year.
Centrica ups stake in Granite City energy firm
Venture Production saw its share price rise again yesterday just a day after it soared more than 26.5% to 734p on news of British and Scottish gas owner Centrica paying almost £230million to buy a 22% stake in the Aberdeen-based oil and gas operator.