oil and gas

North of Scotland

Chevron receives approach for Rosebank stake

September 26, 2018

US oil major Chevron has received an approach for its stake in a major North Sea project. The “expression of interest” relates to Chevron’s 40% operated interest in the Rosebank development. The identity of the potential buyer was not revealed. Read more on Energy Voice here.

North of Scotland

Total reveals major gas find west of Shetland

September 24, 2018

French oil major Total said today that its Glendronach prospect could contain one trillion cubic feet (tcf) of gas. The Stena Don semi-submersible rig started drilling the well in May and encountered a 140 ft gas column. One tcf equates to about 175 million barrels of oil equivalent. Read more on Energy Voice here.

North of Scotland

Tailwind completes acquisition of Triton stakes from Shell, Exxon

September 3, 2018

North Sea newcomer Tailwind Energy has completed a deal to buy Shell and ExxonMobil’s stakes in the Triton cluster. London-headquartered Tailwind first announced the acquisition in December, saying it planned to “further develop” the asset. The newcomer’s focus is on acquiring and investing in UK continental shelf assets. Read more on Energy Voice here.