Showing posts with label North Sea. Show all posts
Showing posts with label North Sea. Show all posts
Friday, February 24, 2012

Centrica acquires North Sea assets from Total for $388M

›
Centrica Plc has reached an agreement with Total E&P UK Ltd to acquire their non-operated portfolio of producing oil and gas asset...
Tuesday, February 14, 2012

TAQA to acquire 50% interest in three UK North Sea licences

›
Abu Dhabi National Energy Company PJSC (TAQA) has signed farm-in agreements with Fairfield Energy Ltd to acquire 50% WI in the licences P1...
Friday, February 10, 2012

Centrica acquires additional interest in Fogelberg licence.

›
Centrica has entered into an agreement to acquire an additional 12% interest in production licence 433 in the Norwegian North Sea from No...
Tuesday, January 31, 2012

Centricas’ Recent Acquisitions in the North Sea

›
Since 2007, Centrica has been an acquirer in the following notable deals:  Continue reading here..
Tuesday, May 24, 2011

Endeavour International posted 6.6% decline in O&G Production for Q1-2011; Poised for Significant Production Growth in the UK and the US

›
Endeavour is an independent oil and gas company and has operations in the North Sea and the United States. In May, 2009, the company complet...
Thursday, May 12, 2011

BG’s Q1 2011 E&P Production hit by civil unrest in North Africa, flooding in Australia, and shutdowns in the North Sea; Will BG ramp up to achieve the Group’s long-term rate of 6-8% to 2020?

›
Natural Gas giant, BG has challenging first quarter for O&G operations. The group’s production for the period was down 5% from 61.3 mmb...
Wednesday, May 11, 2011

Suncor Energy posts 6.5% Increase in Production for Q1 2011; Capital Spending was primarily on Expansion of In Situ Oil Sands Operations; Production In Line with company’s target of one million boepd by 2020

›
Suncor Energy’ s upstream production in first quarter 2011 was 601,300 boepd, up 6.5% over same period last year. Suncor’s Q1 2011 producti...
Thursday, March 31, 2011

Wintershall reported 2010 annual results; Natural Gas Production up 5% over 2009; Plan to further expand E&P activities in the Northern sector of North Sea and in Russia

›
Wintershall’s 2010 natural gas production was 14.3 bcm, 5% increase over 2009 production of 13.6 bcm. This is due to activities in Argentina...
Friday, March 25, 2011

ConocoPhillips to shed $5- $10 billion worth assets in UK and North America......Who are the probable buyers???

›
ConocoPhillips plans to sell an additional $5 billion to $10 billion in non-core assets over the next two years, the proceeds to fund its s...
Monday, March 21, 2011

Nexen reveals 2011 Corporate Strategy; Projected 7% production growth in 2011; Stick to three primary growth strategies – conventional offshore, oil sands and shale gas

›
Nexen prioritizes its 2011 activities that include a continued ramp up of Long Lake, completing the development of Usan discovery with first...
Thursday, March 17, 2011

Norway determined to “crack the code”- Plans to drill about 60 wells on the Norwegian Continental Shelf in 2011 as compared to 40 in 2010!!!

›
Whilst the number of wells drilled on the NCS decreased last year to 40 wells compared to 65 exploration wells in 2009, 2011 is set to match...