(Bloomberg) Scotland’s First Minister Nicola Sturgeon called on the U.K. government to reconsider oil and gas licenses, just days after a United Nations…
Scotland s First Minister Nicola Sturgeon asked the UK government to reassess oil and gas fields that have been licensed but not yet developed, such as the Cambo development west of Scotland’s Shetland Islands. Green groups say that s not enough.
Sturgeon Urges Johnson to Rethink Oil Permits rigzone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rigzone.com Daily Mail and Mail on Sunday newspapers.
Premier Oil to rejoin UK offshore just in time for oil price surge By Elena Mazneva on 2/23/2021
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(Bloomberg) Premier Oil Plc, the indebted North Sea driller being swallowed by Chrysaor Holdings Ltd., will re-emerge as the largest independent oil and gas producer among UK stocks just as the global crude market roars back.
With the takeover expected to complete by the end of March, Premier will start trading under its new name, Harbour Energy Plc, on April 1. Putting behind it a multibillion-dollar debt pile due to be paid or canceled this quarter the firm should be well-positioned to ride the recovery in oil demand and boost investor returns.