Latest news

Shell buys into 190 mln boe Cluff gas projects in UK North Sea

Royal Dutch Shell bought stakes and options in gas licenses in the southern British North Sea estimated to contain a total of 190 million barrels of oil equivalent from Cluff Natural Resources, Cluff said on Friday

read more... 08/02/2019


Total in talks to offload oil and gas assets in UK North Sea

French firm Total is reportedly in discussions to pursue the sale of some of its oil and gas assets in the British North Sea.

read more... 26/12/2018


North Sea oil production rebounds for the first time in 15 years

Oil and gas production from the British North Sea is likely to recover for the first time in 15 years, despite plummeting oil prices and a persistent supply glut.

read more... 04/08/2015


OMV puts up for sale a 30% stake in UK North Sea Rosebank project

Austrian oil and gas company OMV envisage selling a 30% stake in the Rosebank oil and gas project in the British North Sea, as it aims cutting its budget to struggle with weakening oil prices.

read more... 30/07/2015


New oil reserves discovered at Tybalt

Valiant Petroleum, a British oil and gas company, announced the discovery of new oil reserves in Tybald region, situated in British North Sea area.

read more... 01/06/2010