UK court dismisses case against Viaro over North Sea decom dispute
A UK court has dismissed a case against a subsidiary of North Sea oil producer Viaro Energy relating to decommissioning costs for the Brae field.
Viaro Energy
Viaro boss denies ‘vexatious’ lawsuit and theft claims
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.
Stick or Twist: The North Sea operators who are warning they will leave the UK
Read our compilation of the UK oil and gas firms who wave made their views clear as Labour’s first budget looms.
Viaro progresses nuclear plan for North Sea offshore assets
North Sea operator Viaro Energy is continuing its focus on nuclear power after forming a strategic partnership with reactor technology developer Terrestrial Energy.
Hartshead Resources moves closer to field development plan for Anning and Somerville
Australian operator Hartshead Resources is moving closer to a field development plan for its Anning and Somerville development
Hartshead Resources progressing North Sea projects despite windfall tax woes
Australian firm Hartshead Resources (ASX:HHR) is continuing work on its North Sea developments despite ongoing fiscal uncertainty surrounding the windfall tax.
Viaro to take full ownership of Shell and Exxon Southern North Sea assets
Independent North Sea operator Viaro Energy will take full ownership of Shell and ExxonMobil assets in the Southern North Sea.
Viaro Energy in talks to buy Exxon, Shell North Sea assets
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.
‘We were ready to go’: North Sea firm was ‘days away’ from issuing contracts when Labour announcement sparked job cuts
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.
‘We’ve had to let so many people from the project go’: North Sea firm making windfall tax job cuts
A North Sea player has unveiled a raft of job cuts due to fiscal uncertainty in the UK over the windfall tax.
Uncertainty for new North Sea project over 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 gets green light to join one of UK’s largest untapped oil fields
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 to explore using mini nuclear reactors to decarbonise offshore assets
Viaro Energy signs agreement with startup Newcleo to assess using nuclear power for existing and future North Sea assets
Viaro Energy acquires 100% interest in West of Shetland licence
Viaro Energy previously held a 50% stake in the P2539 licence after it acquired Spark Exploration last year.
Hartshead Resources agrees ‘financing backstop’ for Anning and Somerville gas field developments
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
North Sea boss calls for new licences to be issued until 2035
Francesco Mazzagatti called for the UK to develop a more coherent energy transition policy inclusive of oil and gas producers.
Viaro acquires 15% interest in Bressay and EnQuest Producer FPSO
A subsidiary of Viaro Energy, RockRose UKCS 10, has picked up a 15% stake in the Bressay field and EnQuest Producer FPSO.
Viaro Energy: The moot point of the UK windfall tax
The “reactionary” windfall tax is harming net zero, deals and production, warns Viaro Energy CEO Francesco Mazzagatti.
Perenco North Sea project running 18 months late
The Perenco SHARP development in the Southern North Sea has been running 18 months behind schedule, a project partner has reported.
Viaro Energy eyes £500m spend in West of Shetland and Southern North Sea
Viaro Energy has outlined £500m spending plans in the UK sector, including new developments in the West of Shetland and Southern North Sea.
Repsol Sinopec cancels Tain North Sea project, blow to i3’s ‘Serenity’
The move casts doubt over i3 Energy's "Serenity" prospect, which was hoped to be unitised with Tain.
TotalEnergies said to seek sale of Greater Laggan Area
A sale of the assets by TotalEnergies would continue a trend of oil majors and private equity firms leaving the ageing UK sector.
Transforming UK energy security in the transition: Viaro Energy and the role of independent producers
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.
North Sea firm Viaro Energy teases ‘a few more announcements’ before end of 2023
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”.
Taqa lawsuit levels accusations at Viaro Energy chief
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.