Transocean taps higher rig rates offshore Australia
Driller Transocean said yesterday two of it rigs had found work off Australia's coast at higher rates than before.
China and India to participate in setting Arctic policy
The Arctic Council agreed yesterday to admit emerging powers China and India as observers to its deliberations on Arctic policy.
EnQuest on track for production targets despite pipeline shutdowns
Oil and gas firm EnQuest said yesterday its production for the first four months of the year was below target, following the shutdowns on the Brent pipeline.
Wood Group expects year-end revival at GTS arm
Energy services giant John Wood Group said today delays in its gas turbines division should recover by the end of the year to allow the group to meet forecast growth of 15% for 2013.
Cape’s first quarter figures holding up as restructuring continues
Energy service firm Cape said yesterday its first quarter trading had been broadly in line with expectations.
Bond enters Australian market with multi-million dollar contract
Bond Helicopters Australia said today that it had won its first major contract in the Australian region with PTTEP , part of Thailand’s national petroleum exploration and production company.
Successful bidding round sees Brazil raise $1.4billion
Bidding on Brazil's first licensing round since 2008 finished yesterday with rights to 142 exploration areas sold for a record $1.4billion (£920million).
BG Group revises down 2015 target
Oil and gas company BG Group said today it had revised its production target for 2015 target at between 775,000 and 825,000 barrels of oil equivalent (boe) per day, down from the 1million boe per day targeted earlier this year.
Statoil buys into first offshore Australian fields
Oil and gas firm Statoil said today it had acquired a 30% stake in four BP exploration licences offshore South Australia for an undisclosed sum.
Subsea 7 wins second Pemex contract this year
Energy service giant Subsea 7 said today it had won a £59million ($90million) deal from Mexican Pemex.
Video: Tax rate certainty sees energy investment rise
Investment in the UK oil and gas industry has hit record levels thanks to greater certainty over tax rates, according to a survey published yesterday.
Shell increases stake in central North Sea Beverley field
Oil and gas major Shell has increased its stake in the central North Sea Beverley field to 60% after it acquired half of Ithaca Energy's stake in the prospect.
Acciona’s energy earnings fall despite first quarter output increase
Pre-tax profits at Acciona's renewable energy division were down 26% for the first quarter of 2013, despite high average winds and and hydro activity in the period.
Alderley’s Emirates subsidiary wins £19.2million Kuwaiti deal
Oil and gas engineering firm Alderley yesterday said it had won a £19.2million deal with South Korea’s Daelim for a project in Kuwait.
Video: Four in ten oil and gas firms planning for Scottish independence
Almost four out of every ten oil and gas companies are starting to prepare for an independent Scotland, according to the latest sector survey by the Aberdeen and Grampian Chamber of Commerce.
Reservoir in Norway could make future carbon store
The University Centre in Svalbard has found an 18-mile-long reservoir in a Norwegian valley suitable for storing carbon dioxide.
North Sea safety rewarded at drilling awards
Safety performance in the North Sea was celebrated at an award ceremony in the Ardoe House hotel near Aberdeen last night.
Proserv wins Subsea contract for BP Angola project
Westhill-based oil services firm Proserv has won a multi-million dollar contract for work on BP's PSVM field project in Angola.
Chairman of driller Transocean to step down in the next year
Drilling company Transocean today said it chairman and former chief executive Michael Talbert will step down in the next year.
Brent futures sliding towards $103 per barrel after US growth fears
The price of Brent futures fell towards $103 a barrel today over renewed worries of a slowdown in demand growth from the United States - the world's top oil consumer.
Video: First Minister confirms increased support for energy skills scheme
The Scottish Government said yesterday it was doubling its support for a new Aberdeen-based energy training scheme to £6.5million.
BG Group to continue Tanzania drilling programme into 2014
Ophir Energy said today it had extended a drilling rig contract with partner BG Group for the continuation of its 2013-2014 offshore programme in Tanzania.
New finance boss for oil and gas independent Faroe Petroleum
Faroe Petroleum said today that Jonathan Cooper will take over as chief financial officer on July 1 from Iain Lanaghan.
Video: Oil and gas industry’s future in an independent Scotland
The politics of the oil and gas industry were covered in two days of debate at Aberdeen university, as part of the city's May Festival.
Italian Eni in £1.2billion sell-off as it focuses on upstream
Italian oil major Eni took another step yesterday in its move to focus on upstream operations, with the £1.2billion (1.45billion euro) sale of a stake in gas transport company Snam.