| 30.09.2009 - Utilities, sovereign wealth new investors in N.Sea |
| From Reuters: A new breed of investor is moving into the North Sea, taking over from many of the oil majors that have dominated the region since large-scale commercial oil and gas production began in the 1960s. European utilities and companies backed by sovereign wealth funds -- all with good cash flow and the need to secure energy reserves -- have begun scooping up oil and gas assets...................Full Article: Source |