UK oil company Premier Oil's creditors have given their approval for the company's merger with rival Chrysaor, proposed in October.To remind, the two UK-based offshore oil and gas companies Premier Oil and Harbour-controlled Chrysaor agreed to merge in an all-stock transaction鈥
UK-based oil firm Independent Oil and Gas has awarded the rig contract for its Core Project Phase 1 in the North Sea to Noble Corporation.The Core Project comprises gas resources across six discovered UK Southern North Sea ('SNS') gas fields鈥
UK-based offshore decommissioning specialist Well-Safe Solutions has secured a £26 million (around $33,6 million) investment to fund the next phase of its growth plan, the company said Monday.Well-Safe, which recently bought Seadrill's 1993鈥
The number of workers on offshore oil and gas platforms decreased by around 4,000 as the UK went into lockdown in March this year, UK's offshore oil and gas industry body OGUK said Tuesday.Per OGUK's numbers, the average number of weekly personnel on board decreased from around 11鈥
云顶赌场老虎机 oil and gas services company Three60 Energy has won a contract to deliver duty holder services for oil firm DNO's two assets in the UK Continental Shelf.Three60 will, under what is the first Duty Holder contract for the company, provide鈥
North Sea oil and gas operator Taqa has asked 54 offshore workers to self-isolate for precaution after, during shared helicopter flights, they got into contact with seven Brae platforms workers who later tested positive for Covid 19.In a statement sent to 云顶赌场老虎机 Engineer鈥
The recent downgrade of Hurricane Energy's Lancaster field recoverable reserves estimates has led Norwegian energy intelligence Rystad Energy to revise its expectations for the UKCS overall and say that the basin might never again hit output鈥
Heerema Marine Contractors has completed the installation of Premier Oil's Tolmount platform in the UK North Sea, using its giant semi-submersible crane vessel, the Sleipnir.As part of the project in the Southern North Sea, Heerema installed the 2鈥
Engineering services giant Wood has secured a contract to support Equinor's operations at the Mariner field in the UK Continental Shelf (UKCS).Under the three-year deal, Wood will deliver operations, maintenance, modifications, and offshore鈥
Italian oil and gas company Eni has received a carbon dioxide (CO2) appraisal and storage license (CS license) in an area located within the Liverpool Bay area of the East Irish Sea.Under the license awarded by the UK Oil and Gas Authority (OGA)鈥
UK-based ROV services provider ROVOP has said it has delivered its first remote platform-based inspection, repair, and maintenance workscope, 'effectively reducing the number of personnel required offshore,' on Premier Oil's Balmoral floating production vessel in the UK North Sea鈥
As London-listed Premier Oil and UK North Sea focused Chrysaor announced their proposed all-stock merger this week, creating one of the largest UK North Sea oil and gas producers, Global Data analysts think the deal is a 'win-win.'As reported Tuesday鈥
Decommissioning the UK鈥檚 offshore oil and gas infrastructure will cost the taxpayer £24 billion, according to estimates from HMRC. So why can鈥檛 we leave man-made structures in the sea and thereby save the cost of removal and recycling? That would be a big win for the public purse鈥
Premier Oil abandoned its plans to buy North Sea fields from BP for $210 million after Premier was taken over by rival Chrysaor, marking a small dent in BP's $25 billion disposals target.'Premier will not be proceeding with the proposed refinancing鈥
Two UK-based offshore oil and gas companies Premier Oil and Chrysaor are set to merge in an all-stock transaction. Premier Oil also said that its proposed acquisition of BP's North Sea assets will not take place.In a joint statement released Tuesday鈥
