The boss of a North Sea independent producer in the process of buying assets from Shell (LON:SHEL) and Exxon (NYSE:XOM) has hit back at claims he forged documents to steal millions from a previous employer.
Read our compilation of the UK oil and gas firms who wave made their views clear as Labour’s first budget looms.
North Sea operator Viaro Energy is continuing its focus on nuclear power after forming a strategic partnership with reactor technology developer Terrestrial Energy.
Australian operator Hartshead Resources is moving closer to a field development plan for its Anning and Somerville development
Australian firm Hartshead Resources (ASX:HHR) is continuing work on its North Sea developments despite ongoing fiscal uncertainty surrounding the windfall tax.
Independent North Sea operator Viaro Energy will take full ownership of Shell and ExxonMobil assets in the Southern North Sea.
Independent energy producer Viaro Energy is reportedly nearing a deal to buy Shell and ExxonMobil’s jointly-owned gas fields in the southern North Sea.
The CEO of a North Sea gas company has said his team was “days away” from issuing key contracts when Labour’s promise of a “proper windfall tax” sparked job cuts.
A North Sea player has unveiled a raft of job cuts due to fiscal uncertainty in the UK over the windfall tax.
Hartshead Resources warns of the risk of a "flight of capital to other jurisdictions" due to Labour Party comments on the windfall tax.
Viaro Energy has been given the regulatory green light to join one of the largest undeveloped oil finds in the UK North Sea.
Viaro Energy signs agreement with startup Newcleo to assess using nuclear power for existing and future North Sea assets
Viaro Energy previously held a 50% stake in the P2539 licence after it acquired Spark Exploration last year.
Hartshead Resources (ASX:HHR) has announced a deal for a 'financing backstop' worth A$800 million (£415m) to progress the first phase of the Anning and Somerville developments in the North Sea
Francesco Mazzagatti called for the UK to develop a more coherent energy transition policy inclusive of oil and gas producers.
A subsidiary of Viaro Energy, RockRose UKCS 10, has picked up a 15% stake in the Bressay field and EnQuest Producer FPSO.
The “reactionary” windfall tax is harming net zero, deals and production, warns Viaro Energy CEO Francesco Mazzagatti.
The Perenco SHARP development in the Southern North Sea has been running 18 months behind schedule, a project partner has reported.
Viaro Energy has outlined £500m spending plans in the UK sector, including new developments in the West of Shetland and Southern North Sea.
The move casts doubt over i3 Energy's "Serenity" prospect, which was hoped to be unitised with Tain.
A sale of the assets by TotalEnergies would continue a trend of oil majors and private equity firms leaving the ageing UK sector.
With interests in more than 30 fields in the North Sea, Viaro Energy has quickly established itself as a household name on the UK Continental Shelf. Pursuing a strategy of targeted M&A opportunities, the company has consistently capitalised on unfavourable market conditions through continuous investments in both exploration and production assets, made more affordable by the accompanying economic downturn.
Viaro Energy is doubling down on its North Sea acquisition spree with the firm expecting to “have a few more announcements before the year is out”.
An $85 million dividend and a deal to sell a stake in aging North Sea oil wells for one dollar has landed Viaro Energy in a London lawsuit against Taqa (ADX: TAQA), Abu Dhabi’s biggest utility.
With a field development plan submitted, Hartshead Resources is tendering for millions of pounds of drilling and stimulation contracts at its Anning and Somerville fields.