Business > Transfer

RockRose growth prospects ‘undimmed', Brae transfer gets under way

1 month ago   |   By Energy Voice

RockRose Energy's boss today insisted the firm's growth prospects were “undimmed” by the slump in crude prices.
But executive chairman Andrew Austin said RockRose was reassessing “all discretionary expenditure” while targeting lower operating costs.
Capital expenditure in 2020 is likely to be cut by at least £65 million, and abandonment costs by £4m.
RockRose also said it had started the process of transferring the operatorship of the Greater Brae Area to Taqa.
The London-listed firm took control of GBA following its acquisition of Marathon Oil's UK business in July 2019.
RockRose said it...
Read more ...

 


Search by Tags

   Transfer      Performance      Business      UK      Marathon      Energy      Coronavirus      North Sea      Marathon UK      Oil      RockRose      Taqa  


Trump's executive order calls out YouTube, Instagram, Twitter, and Facebook...

Trump's executive order calls out YouTube, Instagram, Twitter, and Facebook - but Google's name curiously disappeared from the final version of the order

In response to Twitter fact-checking his tweets, President Donald Trump has signed an executive order aimed at regulating social media companies. In the order, Trump explicitly... Read more ...

Quarantining travellers for 14 days will cost UK economy £650million a WEEK

Quarantining travellers for 14 days will cost UK economy £650million a WEEK

Experts fear the two-week quarantine will wipe out the UK summer holiday season, which brings in £9billion in a normal year, leading to tens of thousands of lost jobs, say... Read more ...

US stocks erase gains, close negative after Trump announces Friday press...

US stocks erase gains, close negative after Trump announces Friday press conference on China

US stocks erased earlier gains and closed negative on Thursday after President Donald Trump announced he will hold a press conference on Friday regarding China. The early-day... Read more ...

Camila Cabello opens up about her ‘relentless' battle with OCD in candid...

Camila Cabello opens up about her ‘relentless' battle with OCD in candid essay: ‘I was desperate for relief'

Camila Cabello has opened up about her battle with OCD and anxiety Camila Cabello went through ‘multiple roller-coaster rides' every single day as she coped with her OCD. The... Read more ...

We got a look at Eaze's 2020 pitch deck, which shows vastly scaled back...

We got a look at Eaze's 2020 pitch deck, which shows vastly scaled back ambitions as the once-soaring cannabis startup shifts to a new strategy

Eaze was once a darling of cannabis and cannabis-curious investors. In 2017, as California transitioned from a medical to adult-use market and other states seemed on the cusp... Read more ...

Nancy Pelosi slams Mark Zuckerberg for 'pandering' to Trump by attacking...

Nancy Pelosi slams Mark Zuckerberg for 'pandering' to Trump by attacking Twitter's fact-check of his false claims

House Speaker Nancy Pelosi on Thursday accused Facebook CEO Mark Zuckerberg of pandering to President Donald Trump by criticizing Twitter's fact-check of Trump's false... Read more ...

Friends and family will be allowed to meet in groups outdoors as UK relaxes...

Friends and family will be allowed to meet in groups outdoors as UK relaxes coronavirus lockdown

Groups of people will be allowed to meet outdoors in the UK as the national coronavirus lockdown is relaxed. Up to 6 people in England and 8 in Scotland will be allowed to meet... Read more ...

Amazon engineers spend hours preparing for ordinary meetings with one of...

Amazon engineers spend hours preparing for ordinary meetings with one of Bezos' top executives because they're afraid of encountering 'Brilliant Clark'

Amazon's SVP of worldwide operations Dave Clark is known for his attention to detail and sharp feedback. That could be intimidating to some employees, but it's also earned him... Read more ...

The best deals on Xbox One consoles, controllers, and games right now...

The best deals on Xbox One consoles, controllers, and games right now - including $25 off 'Borderlands 3'

The Xbox One X is still the most powerful video game console on the market, and Microsoft has confirmed that Xbox One games will be playable on its upcoming Xbox Series X as... Read more ...

New 2020 Volkswagen Golf: UK prices and specs

New 2020 Volkswagen Golf: UK prices and specs

Volkswagen has expanded the Mk8 Golf line-up again, with a new turbocharged 1.0-litre three-cylinder petrol engine. The new powertrain boosts the hatchback's number of engine... Read more ...