Frontier stuff for small company taking great strides forward
They are a small outfit but Serica Energy is quietly making strides.
They are a small outfit but Serica Energy is quietly making strides.
In 2009, Hurricane Exploration performed a first in UK waters. The small, but specialist, exploration outfit was the first to plan and drill a basement reservoir as an exploration target on the UK Continental Shelf, making its light oil Lancaster discovery West of Shetland.
Drilling has started on the central North Sea Scotney exploration well, operated by Canadian independent Suncor.
Independent oil and gas explorer Endeavour International is to consider selling its North Sea business as part of a strategic review.
Tribute has been paid to the chairman and co-founder of energy analyst Hannon Westwood Group, who has died aged 63.
A Dutch multinational energy and commodity trading group has made a £123million cash bid to take over troubled oil and gas exploration firm Sterling Resources.
A Scottish technology development business is looking to grow its presence in the north-east to target the North Sea after getting £3.25million investment.
Westhill-based drilling rig operator Awilco Driling posted a more than doubling of its revenues to £97million last year.
Statoil’s soon to be initiated ambitious Barents Sea drilling programme will be the start of the gradual road further up into Arctic regions
North Sea independent oil and gas firm EnQuest said yesterday it had raised £145million through its retail bond issue.
One of the biggest oil discoveries in the North Sea in years may not be quite as big as hoped, Sweden’s Lundin Petroleum said yesterday.
Asco Group of Aberdeen has been awarded a five-year contract by Lundin for supply base services in Norway by Lundin.
An oil and gas association representing onshore exploration and production companies has recruited its first chief executive as part of expansion plans.
Independent oil and gas explorer Enegi Oil has agreed to farm-out part of a North Sea block also containing the Phoenix discovery to Azimuth.
Extending the life of North Sea infrastructure will be among the topics at the East of England Energy Group (EEEGR) conference next month.
Aberdeen-based oil and gas explorer Faroe Petroleum expects to spend up to £150million this year as it ups its activity in offshore Norway.
Norwegian oil giant Statoil said yesterday it was ramping up investment to more than £12.7billion a year as it looked to hit its 2020 production target.
Oil firm Bridge Energy has won an explorer of the year award at a Norwegian industry event.
Subsea engineering firm Subsea Innovation has said it is hoping to double its business in the next three years after appointing a new finance director and winning £5million of new contracts.
BG Group chairman Andrew Gould will tell an audience of industry leaders tomorrow that oil and gas firms' only constraint is their own ability to meet global demand.
Aberdeen-based Ecosse Subsea Systems launched a new rigid pipelay system it has developed at Subsea 2013 yesterday.
A senior manager at oil firm Apache in Aberdeen said yesterday he expected continued growth in the North Sea's subsea sector but the industry needed to change the way it did business.
The talent and success of the north east's subsea industry were celebrated at Subsea UK's seventh annual business awards last night.
Aberdeen-based offshore energy service firm Specialist Subsea Services (S3) has more than doubled its turnover from £4.8million to £12million in the past year.
Aberdeen-based oilfield service firm Glacier Energy Services has appointed two new managing directors to lead a change in the structure of its business.