Eland focused on Nigeria asset despite setback
North-east oil explorer Eland Oil and Gas said yesterday it would take longer than it expected to restore production from an asset in Nigeria.
state oil company
Explorer investing in Nigerian development
North-east oil explorer Eland Oil and Gas said yesterday it planned with a partner to invest nearly £80million in an African field this year.
Greenland farm-in approved
Naalakkersuisut, Greenland's Government, has approved Maersk Oil's farm-out of a 40% interest in its licence covering block 9 (Tooq) in Baffin Bay, offshore Greenland, to Tullow Oil.
Subsea firms on mission to Brazil
Subsea companies from the north-east make up the bulk of an oil and gas industry trade mission to Latin America this week.
Algerian win worth £750m to Petrofac
A £750MILLION contract announced yesterday by international oil and gas facility provider Petrofac will see it expand its activities in Algeria.
SeaEnergy ends dispute with Azeris
NORTH-EAST renewable-energy firm SeaEnergy said yesterday it had settled a long-running dispute with the state oil company of Azerbaijan over rights in the Caspian Sea.
Energy service giant ‘performing in line with expectations’
International energy service provider Wood Group said yesterday that its performance so far this year remained in line with expectations.