First gas from Harbour’s Tolmount project in July, shares dip on lower output forecast
Harbour Energy has confirmed that its Tolmount development is on course to start up production at the end of next month.
total production
Elgin-Franklin platform may restart output next month
A North Sea platform which has been shut down for nearly a year after a gas leak could restart production by the end of next month, it was confirmed yesterday.
Oilexco boss enters bid for ONS assets
The chief executive of Canadian oil company Oilexco was yesterday said to be bidding for some of the assets of its subsidiary, Oilexco North Sea (ONS), which went into administration last month.
E&Y hoping for quick sale of ONS
All offers are now in from companies interested in taking over the operations of oil and gas firm Oilexco North Sea (ONS), which went into administration last month.
‘Business as usual’ as buyer for North Sea firm is sought
Ernst and Young was appointed yesterday as administrator for oil and gas company Oilexco North Sea (ONS).
Cartel members on a roll
Developments in Kuwait are concentrated on the Sabriyah and the Umm Niqa fields, where a total of 50,000bpd of NGL capacity is being added, with completion expected in 2011. Another project at the Sabriyah field should add 160,000bpd more oil production by 2015.