HitecVision, Oman’s Petrogas to buy UK oilfields from Total

London — Private equity fund HitecVision and Omani oil group Petrogas have teamed up to buy a portfolio of Total’s British North Sea oilfields for $635 million, the companies said on Wednesday. The fields, which are set to produce 25,000 barrels of oil equivalent per day (boed) this year, will be owned by a subsidiary […] More »