The Aberdeen company, under Korean ownership, said it was well placed to tie into existing pipeline assets.
Dana has a 35% interest and is the drilling operator in the Pharos block. Its partners include Parkmead, also based in Aberdeen, with a 20% stake.
There are 15% stakes also held by Hansa…
BG Group today announced first gas production from the Jasmine field in the UK North Sea, in which the company has a 30.5% interest. The successful start-up of the field marks the delivery of another of the Group’s key milestones for 2013.
Once on plateau, Jasmine is expected to contribute…
Scottish sales of oil, gas and refined products to the rest of the world have been estimated at £30.3bn.
It is the first time there has been an estimate of the value of sales of crude oil, gas and refined hydrocarbons, and has been compiled by economists at the Scottish…
Malaysia-based international offshore oilfield services provider, Bumi Armada Berhad announced today that EnQuest Heather Limited together with EnQuest ENS Limited, First Oil and Gas Limited, Nautical Petroleum Limited and Nautical Petroleum AG have via a Letter of Interim Agreement (“LOIA”), confirmed their intention to award a contract for the…
The £4 billion Kraken development has been approved by its owners and by DECC.
EnQuest PLC, the largest UK independent oil company in the UK North Sea, has given its go-ahead for a £4 billion investment in the c.140 million barrel oil field Kraken development, set to generate billions of…
