Hundreds of oil rig employees are currently stranded due to a strike by helicopter pilots who transport workers to and from numerous North Sea sites.
Hundreds of oil rig employees are currently stranded due to a strike by helicopter pilots who transport workers to and from numerous North Sea sites.
The UK’s largest onshore oil discovery in almost half a century sent shares in a handful of junior explorers gushing, Reabold Resources (LON: RBD) & Union Jack Oil PLC (LON: UJO).
Private-equity back oil firm Chrysaor has snapped up stakes in a number of UK North Sea licences containing exploration prospects from US business Apache. The deal gives Chrysaor 39.5% non-operated