Drilling setback sends shares for a tumble
SHARES in three oil and gas firms that are active in the North Sea tumbled following a disappointing update on drilling in an area where they have made big finds.
The Oil and Gas Division of General Electric Company has been awarded a contract to provide seven subsea tree and wellhead systems, by Maersk Oil North Sea UK Limited for deployment in the U.K. North Sea.
Jude 
Maritime News, Oil and Gas 
Catcher North well, Central North Sea, Encore Oil, GE Oil & Gas, General Electric Company, Maersk Oil North Sea UK Limited, Nautical Petroleum, Oil and Gas Division, oil and gas drilling, oil news around the globe, oil updates, Premier Oil, seven subsea tree, wellhead systems
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