An annual review of the oil and gas exploration and production (E&P) sector by market analyst Wood Mackenzie found high oil prices and constructive tax talks between the UK Government and industry had increased investor confidence.
Endeavour International said yesterday it was preparing to drill the West Rochelle prospect, which straddles blocks 15/26c and 15/26b in the UK North Sea.
OFFSHORE Hydrocarbon Mapping, the Aberdeen-based specialist in controlled-source electromagnetic (CSEM) imaging surveys for the oil and gas industry, said yesterday that revenue for the half-year to February 28 was expected to be about £6.1million.
