Sector News

Nobel Upstream says buys Shell's stake in Maclure North Sea field

February 11, 2016
News

(Reuters) – Nobel Upstream, a privately held British oil explorer, said on Wednesday it had agreed to buy Shell’s 7.59 percent stake in the Maclure North Sea oilfield for an undisclosed sum.

The field, operated by Denmark’s Maersk Oil, is located in the British part of the North Sea and produces 8,000 barrels of oil equivalent per day, the company said.

Other shareholders in the field include Taqa TAQA.AD and Apache (APA.N).

(Reporting by Karolin Schaps; editing by Jason Neely)

Related News

August 23, 2019

The higher purpose of being a CEO

Borderless Leadership

LinkedIn Twitter Xing EmailWhen I left my second large company experience to become President of a small manufacturing company I did so driven by ego; I fancied the title. Soon […]

August 23, 2019

As Brexit nears, Britain’s drugs, devices and pricing regulators seek the exit

Life sciences

LinkedIn Twitter Xing EmailFirm details on exactly how the U.K. will regulate new medicines is still to be decided after it leaves the EU later this year (caveats on timing […]

August 23, 2019

The Simply Good Foods Company acquires Quest Nutrition for $1bn

Food & Drink

LinkedIn Twitter Xing EmailThe Simply Good Foods Company, the owner of Atkins-branded food products, has secured a deal to acquire protein snack maker Quest Nutrition for $1 billion. Quest, which […]

Send this to a friend