Scottish oil and gas firm Capricorn Energy (LON:CNE) is aiming to diversify and expand its operations, targeting further opportunities in the UK North Sea.
Harbour Energy has revealed plans to offer three tenders to create infrastructure for its Viking carbon capture and storage (CCS) project, according to data from the regulator.
Amidst reports that Aberdeen’s Waldorf Production is being faced with liquidity shortfalls, the firm remains tight-lipped.
Energean has taken over as operator of the Tors and Wenlock fields in the southern North Sea ahead of decommissioning.
Waldorf Production has outlined its goals for the coming financial year, including its UK M&A ambitions.
However, firm is seeking fresh acquisitions ‘of large portfolios’ in UK to capitalise on $900m tax position.
After selling-off its North Sea assets, Capricorn Energy (LON: CNE) is making a re-entry into the UK through a new deal with Waldorf Production.
Waldorf Production dismissed suggestions the company is for sale, outlining a rise in production and cash flow amid an ‘improving’ outlook for North Sea M&A.
Opportunities for M&A in the North Sea have opened up through a series of deals, an asset exit and a firm entering administration.
Waldorf Production is considering a potential sale, people with knowledge of the matter said, having seen its growth ambitions crimped by a UK levy on energy profits.
Aberdeen’s Waldorf Production is taking stock on the future of the Cheviot field, among the largest resources left in the North Sea.
Waldorf Production has shed light on a raft of production issues that have hit several of its North Sea assets this year.
Waldorf Production has blamed the Netherlands’ solidarity tax and uncertainty over decommissioning commitments for aborting its planned acquisition of TAQA and Dana assets.
Bumi Armada confirmed that production at the Kraken FPSO has been shut in following a hydraulic pump failure.
Waldorf Production, a prolific buyer of oil and gas exploration assets in the North Sea, is seeking to raise as much as $2 billion to help bankroll more deals, people with knowledge of the matter said.
Waldorf Production has struck deals to buy the Netherlands businesses of fellow North Sea producers TAQA and Dana Petroleum.
Waldorf Production has struck an undisclosed deal to takeover North Sea oil and gas firm Alpha Petroleum Resources.
The North Sea’s new class of operators could be poised to further strengthen their dominance in the basin with several major assets expected to hit the market.
North Sea oil firm Waldorf Production has struck a deal to acquire MOL Hungarian Oil and Gas’ UK assets.
Minnow Pandion Energy is to more than double its daily production after buying the Norwegian operations of ONE-Dyas.
North Sea focused Waldorf Production has started exclusive talks to buy the assets of Dutch oil and gas company ONE-Dyas BV, according to people familiar with the matter.
Addleshaw Goddard has completed deal activity with a combined value of £1 billion in the last month, a record for the legal firm.
Cairn Energy (LON: CNE) has completed the £334m sale of its interests in the Catcher and Kraken fields in the North Sea to Waldorf Production.
Ithaca Energy has started drilling work at its Fotla project in hopes of boosting barrels via its Alba field.
Cairn Energy has agreed a deal to farm-in to five North Sea licences held by Deltic Energy.