Private equity-backed UK player Siccar Point Energy has its sights set on landing operated assets after making its first acquisition since forming two years ago, taking a stake in Statoil’s under-development Mariner field in the North Sea.

The Aberdeen-based company, which this week closed the deal for almost 9% of JX Nippon Exploration & Production’s holding in the Greater Mariner Area east of Shetland, is already hunting further purchases, with assets off Norway also on the radar.

Siccar