Harbour Energy has agreed to acquire all the subsidiaries of Waldorf Energy Partners and Waldorf Production for $170 million, strengthening its position in the UK North Sea and adding oil-weighted production.The assets are being acquired from administration…
Following receipt of North Sea Transition Authority (NSTA) consent for change of control, Serica Energy has completed the acquisition of Prax Upstream (PUL) from Prax Exploration & Production.Serica has settled the consideration of £14.5 million ($18…
Serica Energy has agreed to acquire Prax Upstream, expanding its portfolio of U.K. North Sea oil and gas assets and boosting its reserves, resources and production base.Serica Energy signed a sale and purchase agreement to acquire 100% of the…
Norwegian company BW Offshore has informed that the contract for its Catcher floating production storage and offloading (FPSO) has been extended beyond fixed term.BW Catcher FPSO, operating at Catcher field in UK, is owned and operated by BW…
Aberdeen-based offshore energy industry services firm Three60 Energy has secured work on BW Offshore’s Catcher and Adolo floating production storage and offloading (FPSO) units.Three60 will provide extensive engineering, procurement, construction…
After several short-term charter extensions, the Norwegian FPSO leasing firm BW Offshore has closed the transaction for the sale of the Abo FPSO.BW Offshore will sell the FPSO to STAC Marine Offshore Limited, a member of the Nigerian Transport Group (STAC) for $20 million…
Oslo-listed FPSO leasing firm BW Offshore has signed another short-term extension for one of its FPSOs in Nigeria, with the end goal of selling the unit.The company said Monday it had signed a short-term extension for Abo FPSO with Nigerian Agip Exploration Ltd…
FPSO leasing company BW Offshore has signed a short-term extension for its Abo FPSO.The extension was signed with Nigerian Agip Exploration Ltd, a subsidiary of the Italian oil firm Eni, and runs until August 14, 2023.BW Offshore has been in talks to divest the FPSO…
BW Offshore has today closed the transaction for the sale of the FPSO Sendje Berge in Nigeria to 'a local FPSO owner and operator' for $15 million. Following the transaction, the buyer has assumed responsibility for the operations of the FPSO Sendje Berge…
Norwegian FPSO vessel owner BW Offshore has recently secured short contract extensions for two of its FPSOs operating in Africa.On Friday, BW Offshore said it had signed a short-term extension for the lease and operation of the FPSO Espoir Ivoirien…
UK-based workers' union Unite said Friday that some 300 Stork construction members would be balloted on strike action on over 30 offshore installations in the UK Continental Shelf (UKCS), potentially affecting operators such as EnQuest, Repsol…
Norwegian marine seismic data acquisition and processing firm TGS on Tuesday announced a new seismic reprocessing project 'designed to secure exploration success in the Western Margins of the Central North Sea.'This project will see the reprocessing of 3…
Hungarian oil and gas company MOL has signed a deal to sell its entire upstream portfolio in the UK North Sea to Waldorf Production.The divested offshore assets include MOL’s 20% stake in the Catcher field, a 50% stake in Scolty & Crathes, and a 21…
Waldorf Production is nearing a deal to acquire oil and gas assets in the British and Dutch North Sea from ONE-Dyas for more than $1 billion, industry sources said on Friday.Under the terms of the emerging deal, private equity-backed Waldorf…
Oil and gas company Cairn has sold its interest in the Catcher and Kraken oil fields in the UK North Sea to Waldorf Production.The proposed sale and purchase deal was first announced in March, and following the general meeting held on October 28…
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