Posts Tagged ‘producer’

Noble sells to Ithaca in North Sea

by on October 9, 2012 7:26 am BST
London-listed Ithaca Energy has come in for the stakes in the Cook and MacCulloch producing fields from the US independent.Ithaca has moved its holding in the Shell-operated Cook field from 28.46% to 41.35% through the purchase of a further 12.89% from Noble. Ithaca is the largest owner

Brent steadies ahead of German ruling

by on September 12, 2012 4:47 am BST
The ruling by Germany's Constitutional Court on Wednesday morning, as well as recent weak US economic data that raised expectations for a third round of bond buying by the Federal Reserve, have dragged on the dollar and supported oil prices, Reuters reported.London Brent crude for October delivery, which expires

Oman ‘offering six new oil blocks’

by on August 28, 2012 11:05 am BST
"Two blocks will be awarded next month and the other four will be evaluated in the coming months," a ministry of oil and gas official told Reuters, declining to be named under briefing rules.The total area of the blocks being awarded is around 12,000 square kilometres, the official added,

Energy XXI output drives strong quarter

by on August 8, 2012 10:00 pm BST
The company reported income in the three months to June of $78.3 million, or 93 cents per share, on revenues of $341.9 million. That compared to income of $26.8 million, or 36 cents per share, on revenues of $282.8 million a year earlier.Record quarterly production averaging 47,600 barrels of oil equivalent per