Parkmead increases stake in Perth and Dolphin oil fields and signs agreement with Nexen petroleum to study potential tie-back

Parkmead is delighted to announce it has significantly increased its equity in the Perth and Dolphin oil fields in the UK Central North Sea. The Perth and Dolphin fields lie at the core of Parkmead’s Greater Perth Area (“GPA”) oil hub project. The Group has increased its equity in these licences from 60.05% to 100%. Read more…