Endeavour starts North Sea withdrawal process

Offshore staff

HOUSTON – Endeavour International (OTC: ENDRQ) (LSE: ENDV) is to offer its North Sea oil and gas assets for sale. These include stakes in the Rochelle and Alba field developments in the UK central sector.

The company has engaged Blackstone Advisory Partners L.P. as its financial advisor.   

Endeavour will consider a full range of options, which could include a sale of individual assets.


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...