Granby Oil and Gas plc, which has interests in the UK North Sea and the Philippines, said that it has reached an agreement with ExxonMobil affiliates to acquire a 50% interest in block 49/29b in the ...

UK North Sea player Granby Oil & Gas has struck a deal with AGR Petroleum to use the semi-submersible drilling rig Transocean Prospect to sink a well in the central North Sea in April next year.

Granby has completed drilling the 49/29b-11 well at the Tristan NW gas development project in the UK North Sea. Operations were delayed by bad weather and drilling equipment problems. First gas is now ...