Ithaca Energy has appointed Roy Buchan as its Chief Operations Officer, starting 5 January 2015, and announced that Chief Development Officer John Woods is to leave the company on 31 January. The move comes as Ithaca nears first production…
Spain's Repsol has agreed a deal to buy Canadian exploration and production company Talisman Energy for US$8.3 billion plus debt - amounting to the largest international deal by a Spanish company in five years. The deal, which had been rumored for some months…
Atkins installed the subsea oil storage tank on the 40 million barrel Solan field west of Shetland, in the UK. Solan tank arrives on site. From Atkins. Fabricated at Dry Docks World Dubai…
Calgary-based Talisman Energy has said it may suffer writedowns on its UK North Sea assets in Q4 due to battling production efficiency and cost issues on its assets in the basin. In its third-quarter report, Talisman said its UK North…
Japan Petroleum Exploration Co. (JAPEX) has farmed-in to four licences in the UK North Sea with Apache North Sea. As part of the move, JAPEX has formed a new subsidiary, JAPEX UK E&P CENTRAL (JUKC), with financial backing from Japan Oil…
Technip remains the most successful contractor on the UK Continental Shelf (UKCS) with 25 secured contracts over the past four years. These were the findings of the Energy Industry Council (EIC)’s latest report into contracting activities offshore Norway and UK based on EICDataStream…
Talisman Energy has confirmed that it has been approached by Spain's Repsol over 'various transactions.' Repsol has been reported to have been considering a bid for Canada-based Talisman, Bloomberg reported. A statement from Talisman…
Industry excellence in health and safety was recognized at the UK Oil and Gas Industry Safety Awards in Aberdeen at the end of April. The event recognizes and honors the companies and people who embody the spirit of safety and innovation across the sector…
The Archer Topaz modular rig, as it will look installed on the Helmdal platform. Photo from Archer. Archer’s new vertical drilling rig is due to debut in the Norwegian North Sea later this year…
Maersk Oil UK has been given approval from the UK and Norwegian authorities to develop the Flyndre and Cawdor fields. The fields lie about 293 km south east of Aberdeen in UK North Sea Blocks 30/13 and 30/14 (Flyndre and Cawdor) and Norwegian North Sea Block 1/5 (Flyndre only)…
Talisman Sinopec Energy UK's managing director Geoff Holmes left the busines with immediate effect, yesterday, with the firm's executive vice-president Europe-Atlantic Paul Warwick taking over the job in an interim role (pictured). Talisman…
Industry excellence in health and safety was recognized at the UK Oil and Gas Industry Safety Awards yesterday. Held at Aberdeen Exhibition and Conference Centre, the event recognizes and honors the companies and people who embody the spirit of safety and innovation across the sector…
Drilling and well services firm Archer has won a contract to provide drilling services to Talisman Sinopec Energy UK Limited. The contract will be the first to use the Archer Emerald modular rig on the UK Continental Shelf. The Archer…
Wood Group PSN (WGPSN) has been awarded its first major contract in the UK in 2014. The five year contract from Talisman Sinopec Energy UK is valued at US$500 million and includes an option for two additional, two year extensions. Under the scope…
The North Sea Enoch oil field is due back on stream in early 2014, following restoration work on a new subsea tree and production testing. The Enoch field is on the border between the Norwegian and UK continental shelf, inBlock 15/5,in the southern part of the North Sea…