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North sea assets
Oil & Gas Trade
Viaro to Buy Shell, Exxon’s North Sea Assets
Independent British oil producer Viaro Energy said on Tuesday it would buy UK Southern North Sea assets owned by Shell (SHEL.L), opens new tab and Exxon Mobil (…
Oil & Gas Trade
BP Takes $900M Impairment Against North Sea Assets
BP (LON:BP) took an approximate $900 million (£700m) impairment charge against some of its North Sea assets in 2023, according to the firm’s annual …
Norway
Norway Oil Firm Okea to Initiate Dividend, Buy North Sea Assets
Norwegian independent petroleum firm Okea announced its first dividend payment on Monday and separately said it agreed to buy a portfolio of mostly oil-producin…
ExxonMobil Plans To Sell Its North Sea Assets To Focus on US Shale Production
The firm, which has been in the UK sector for 50 years, has held sales talks with a number of operators in recent weeks, according to Reuters.Citing industry so…