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Aberdeen's NEO Energy to acquire Zennor Petroleum

© Supplied by Neo Energy
Russell Alton, NEO Energy s chief executive officer
Aberdeen’s NEO Energy has agreed to acquire rival UK North Sea exploration and production company Zennor Petroleum in a deal worth up to £450 million.
The acquisition will provide the company with a portfolio of assets in the Central and Northern North Sea, centred around the Britannia and Eastern Trough Area Project (ETAP) production hubs.
The transactions will see Neo Energy’s output raise from 30,000 to around 80,000 barrels of oil equivalent (boe) per day in 2021.
Aberdeen and London-based Neo’s purchase of Zennor from Kerogen Capital will also add 40 million barrels of reserves and 90 million barrels of contingent resources to its portfolio. ....

United Kingdom , Russell Alton , Zennor Petroleum , Neo Energy Russell Alton , Neo Energy , United Kingdom North Sea , Northern North Sea , Eastern Trough Area Project , London Based Neo , Kerogen Capital , ஒன்றுபட்டது கிஂக்டம் , ரஸ்ஸல் ஆல்டன் , நியோ ஆற்றல் ரஸ்ஸல் ஆல்டன் , நியோ ஆற்றல் , ஒன்றுபட்டது கிஂக்டம் வடக்கு கடல் , வடக்கு வடக்கு கடல் , கிழக்கு தொட்டி பரப்பளவு ப்ராஜெக்ட் , லண்டன் அடிப்படையிலானது நியோ ,

Workers removed from BP North Sea platform after two 'unrelated' Covid cases on board

© Supplied by BP
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More than a dozen workers have been removed from a North Sea installation after two separate cases of Covid-19 were detected on board.
Oil and gas giant BP’s ETAP platform, around 100 miles east of Aberdeen, is the latest offshore facility to be hit by the virus in the last few weeks.
It follows a recent spike in North Sea Covid cases, with operators Apache, Valaris, CNOOC, Ithaca and Premier Oil all affected last month.
BP has now confirmed that a member of crew on ETAP, the East Trough Area Project, was evacuated after testing positive for Covid. ....

North Sea , Oceans General , Sea Covid , North Sea Covid , Premier Oil , East Trough Area Project , வடக்கு கடல் , பெருங்கடல்கள் ஜநரல் , ப்ரிமியர் எண்ணெய் , கிழக்கு தொட்டி பரப்பளவு ப்ராஜெக்ட் ,

BP scales back exploration arm amid drive to slash emissions

BP scales back exploration arm amid drive to slash emissions
January 25 2021, 1.36pm
Chief executive Bernard Looney has set BP on a path to increase renewables, and reduce its dependence on fossil fuels (Aaron Chown/PA)
Hundreds of staff have left BP’s arm which hunts for new oil and gas around the world, according to reports, as the company pushes towards a more renewable and green future.
The UK-listed oil giant has cut its team of geologists, engineers and scientists to fewer than 100, down from over 700 just a few years ago, Reuters reported.
It comes around a year after Bernard Looney took the top job at the oil producer, which started off digging for oil in the Middle East more than 100 years ago. ....

Bernard Looney , Sea Andy Buchanan , United Kingdom Listed , Middle East , Eastern Trough Area Project , North Sea , பெர்னார்ட் லூனி , கடல் ஆண்டி புக்கனன் , ஒன்றுபட்டது கிஂக்டம் பட்டியலிடப்பட்டுள்ளது , நடுத்தர கிழக்கு , கிழக்கு தொட்டி பரப்பளவு ப்ராஜெக்ட் , வடக்கு கடல் ,