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Nautical Petroleum PLC

Type: Company

Name: Nautical Petroleum PLC

First reported May 21 2013 - Updated May 21 2013 - 1 reports

Oil field developer xCite in £10m deal for Shetland wells data

XCITE Energy is raising up to 10.5 million by selling information about two wells drilled east of Shetland in a deal that appears to reflect strong industry interest in heavy oil fields.The Aberdeen-based company said it has agreed to sell technical data ... [Published Herald Scotland - May 21 2013]

Entities: Oil Field, Nautical Petroleum PLC, Xcite Energy, Cairn Energy plc, Galvanisation

First reported May 17 2013 - Updated May 17 2013 - 1 reports

Cairn Energy plc

Cairn appeases investors to win support for pay policies

CAIRN Energy, one of the most high-profile victims of last year's shareholder spring of discontent over executive pay, appears to have returned to shareholder favour.The oil and gas firm's directors' pay policies won backing from 99.5% of votes cast at ... [Published Herald Scotland - May 17 2013]

Entities: Cairn Energy plc, North Sea, Vedanta Resources PLC

First reported May 16 2013 - Updated May 16 2013 - 1 reports

EnQuest PLC

Faith shown in North Sea after trading updates

THE appeal of the North Sea has been underlined afresh in trading updates from two firms with a significant presence in the area.Wood Group, the Scottish oil services giant, said a strong performance in UK waters has helped put the company on track to ... [Published Herald Scotland - May 16 2013]

Entities: North Sea, EnQuest PLC, John Wood Group plc

First reported May 14 2013 - Updated May 15 2013 - 1 reports

Statoil ASA

Statoil awards Noble Corporation drilling services contract for Mariner project

STAVANGER -- Statoil, on behalf of Mariner partners JX Nippon Exploration and Production and Cairn Energy, has awarded the contract for drilling services on the Mariner project based on Category J design to Noble Corporation.The new Category J rig will ... [Published World Oil - May 14 2013]

Entities: Statoil ASA, Noble Corporation, Cairn Energy plc, Nautical Petroleum PLC, United Kingdom

First reported May 09 2013 - Updated May 09 2013 - 2 reports

GMP Securities adds two recruits to London oil and gas team

Investment bank GMP Securities has added two high-profile recruits to an already impressive London-based oil and gas team.They are Rob Collins, who has been appointed head of oil and gas corporate finance, and Liz Williamson, who is joining him from stock ... [Published Proactive Investors.co.uk - May 09 2013]

Entities: Rob Collins, London, Eland Oil & Gas Plc

First reported Apr 16 2013 - Updated Apr 16 2013 - 1 reports

Cairn aims to begin drilling off Morocco this year

SCOTTISH-headquartered oil and gas independent Cairn Energy has taken a major step in its African "frontier exploration campaign" by securing a rig with which it aims to begin drilling off Morocco this year.It also plans to use the rig to drill off Senegal. ... [Published Herald Scotland - Apr 16 2013]

Entities: Morocco, Senegal, Greenland, Nautical Petroleum PLC

First reported Dec 28 2012 - Updated Dec 28 2012 - 1 reports

UK and Ireland serious contenders for 2013 oil hot spot

When thinking of the world’s major oil and gas regions the UK and Ireland are probably way down most people’s list. But both the British and Irish governments are keen to boost investment in their respective oil and gas industries to stave off the threats ... [Published Proactiveinvestors United Kingdom RSS feed - Dec 28 2012]

Entities: Ireland, United Kingdom, North Sea, Shale Gas

Quotes

Chief executive Rupert Cole said: "We are very pleased to have completed this agreement, which is complementary to the recently commenced farm-out process, and further validates the quality of the information collected from our two well programmes. This has been done without compromising the company's intellectual property and is a good commercial outcome that provides additional working capital."

Oil field developer xCite in £10m deal for Shetland wells data [Published Herald Scotland - May 21 2013]

...3m in 2011, when Sir Bill and two former directors received compensation for loss of office totalling 3.6m. After the AGM, Mr Thomson said: "We listened, we acted and I think we moved on. The results today showed overwhelming support."

Cairn appeases investors to win support for pay policies [Published Herald Scotland - May 17 2013]

"We continue to look at opportunities to acquire assets in the UK, as well as other regions, such as in the Norwegian North Sea, South East Asia and North Africa, where our expertise and capabilities can be applied to maturing assets and development opportunities" said the company

Faith shown in North Sea after trading updates [Published Herald Scotland - May 16 2013]

...It will be a "tailor-made jack-up rig for operations in harsh environment on both surface and subsea wells in the shallow-water segments"

New Noble rig picked for Mariner drilling [Published Offshore Engineer - May 14 2013]

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Faith shown in North Sea after trading updates [Published Herald Scotland - May 16 2013]
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New Noble rig picked for Mariner drilling [Published Offshore Engineer - May 14 2013]
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Cutting the historical umbilical cord [Published Penn Energy - Apr 29 2013]
Cairn aims to begin drilling off Morocco this year [Published Herald Scotland - Apr 16 2013]
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Statoil greenlights $7B Mariner heavy-oil proje... [Published Green Car Congress - Dec 23 2012]
Cairn to cut local stake [Published Calcutta Telegraph - Sep 24 2012]
Cairn Energy sells further 3.5 percent stake in... [Published Topnews.in - Jun 30 2012]

Blogs

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GMP Securities adds two recruits to London oil ... [Published Proactiveinvestors United Kingdom website - May 09 2013] Investment bank GMP Securities has added two high-profile recruits to an already impressive London-based oil and gas team. They are Rob Collins, who has been appointed head of oil and gas corporate finance, and Liz Williamson, who is joining him ...
UK Government approves Statoil’s US$7B developm... [Published Green Car Congress - Feb 15 2013] The UK government’s Department of Energy and Climate Change (DECC) approved the field development plan put forward by Statoil and its co-venturers for the Mariner heavy oil field. The project entails investments of more than US$7 billion and is the ...
Statoil greenlights $7B Mariner heavy-oil proje... [Published Green Car Congress - Dec 23 2012] Statoil has made the investment decision to develop the Mariner heavy oil field development in the UK North Sea. The project entails investments of more than US$7 billion and is the largest new offshore development in the UK in more than a decade ...