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News Archive for: August 2013

North Sea oil output ‘to dip’ in September:

North Sea oil output is expected to dip 0.6% in September from an already tight August as seasonal maintenance restricts supply, according to a report.

Output from 11 of the main British and Norwegian crude streams will average 1.768 million barrels per day in September, based on the latest information…

EnQuest announces results for the 6 months to 30 June 2013:

■ Production in H1 2013 was 21,455 Boepd, up 5.9% on H1 2012. Development drilling at our core hub assets delivered good results in H1 2013, this has continued into H2 2013 with a new well on the Thistle Western Fault Block and with a new producer/injector pair at…

Lure of oil jobs boosts UAE in expats poll:

The nation of expats – the United Arab Emirates – is becoming increasingly popular with Britons living abroad, according to a poll.

Over the last four years the UAE has steadily crept up a table of nations offering the best quality of life for British expatriates.

Meanwhile, traditional expat communities in…

David Cameron: ‘UK fracking will be safe’

Shale gas exploration will bring cheaper bills and not “earthquakes and fire coming out of taps” in Britain, Prime Minister David Cameron has promised.

The country would be making “a big mistake” if it turned its back on hydraulic fracturing at a time when the industry is transforming the industrial…

Cairn Energy to farm in to West African exploration block:

Cairn is pleased to announce it has entered into a farm in agreement with Chariot Oil & Gas Investments (Mauritania) Limited, a wholly owned subsidiary of Chariot Oil & Gas Limited (Chariot) for a 35% non-operated interest in an exploration block offshore Mauritania in West Africa.

The block (C19), which…

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