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North Sea oil and gas producer Siccar Point is wooing potential buyers of its assets with just under 600 million barrels of oil equivalent (boe) of discovered resources and a $2 billion tax ...
Siccar Point is one of several new private equity-back oil companies in the North Sea. It emerged as a major player following the $1 billion acquisition of Austrian oil and gas company OMV’s U.K ...
* British North Sea-focused, private-equity backed oil firm Siccar Point said on Thursday banks have agreed to top up its reserves based lending facility. * The facility limit was raised from $600 ...
Siccar Point was one of a new breed of private equity-backed players that made waves in the UK North Sea after the oil price crash of 2014, scooping up assets from retreating oil majors and utilities.
SICCAR Point Energy has acquired an 8.9 per cent interest in the North Sea's Greater Mariner Area oil field. The deal is the first by Siccar, a joint venture owned by Blue Water Energy and funds ...
"Siccar Point continues to work with its co-venturer Shell and the UK government to map out the next steps on Cambo," the operator said.
Siccar Point has said this could be big enough to justify investing in a production hub on the scale of the massive Laggan Tormore development that Total completed West of Shetland.
Ithaca Energy has agreed to acquire, for potentially close to $1.5 billion, equity-backed Siccar Point Energy, operator of the controversial Cambo project offshore the UK. Ithaca, a subsidiary of ...
Siccar Point became a major North Sea player after acquiring OMV's (OMVV.VI) portfolio for $870 million in January 2017. Its owners have not disclosed how much they have since invested in the company.
Siccar Point closed the acquisition of OMV'sBritish North Sea portfolio for $870 million in 2017. The deal included a further $125 million once a finalinvestment decision on Rosebank field is reached.
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