Jon Skabo News Today

Waldorf Production boss says firm in the running for more deals Waldorf Production’s chief executive has said the company remains hot on the trail of more acquisitions after inking a deal to buy stakes in the Catcher and Kraken fields from Cairn Energy. Updated: 10/03/2021, 7:44 am The Bumi-Armada-owned FPSO used to produce from EnQuests Kraken field Register here for the Energy Voice daily newsletter, bringing you key news and insight from across the global energy landscape. Thank you for si...

The floating production facility used on the Kraken field East of Shetland Picture: Cairn Energy CAIRN Energy is selling its North Sea production assets for $460 million (£330m) as it shifts investment to Egypt amid the wait for the Indian Government to pay $1.2 billion damages awarded to the firm. The Edinburgh-based oil and gas firm has clinched a deal to sell its stakes in the giant Catcher and Kraken fields off Scotland to a business focused on the North Sea, as the shake-up in the are...