Frontier stuff for small company taking great strides forward
They are a small outfit but Serica Energy is quietly making strides.
Hurricane first in UK waters
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 starts on Scotney
Drilling has started on the central North Sea Scotney exploration well, operated by Canadian independent Suncor.
Endeavour may sell stake in North Sea
Independent oil and gas explorer Endeavour International is to consider selling its North Sea business as part of a strategic review.
Respected oil analyst dies
Tribute has been paid to the chairman and co-founder of energy analyst Hannon Westwood Group, who has died aged 63.
Dutch group makes bid for Sterling
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.
Lux Assure aims at north-east expansion
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.
Awilco doubles revenues in 2012
Westhill-based drilling rig operator Awilco Driling posted a more than doubling of its revenues to £97million last year.
Arctic contains up to “170 Johan Sverdrups”
Statoil’s soon to be initiated ambitious Barents Sea drilling programme will be the start of the gradual road further up into Arctic regions
EnQuest retail bond raises £145million
North Sea independent oil and gas firm EnQuest said yesterday it had raised £145million through its retail bond issue.
Oil find “not as big as hoped”
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 lands multi-million pound deal with Lundin
Asco Group of Aberdeen has been awarded a five-year contract by Lundin for supply base services in Norway by Lundin.
Expansion at onshore operators organisation
An oil and gas association representing onshore exploration and production companies has recruited its first chief executive as part of expansion plans.
Enegi in second farm-out out to Azimuth
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.
Inward investment on SNS2013 agenda
Extending the life of North Sea infrastructure will be among the topics at the East of England Energy Group (EEEGR) conference next month.
Oil explorer Faroe focuses on offshore Norway
Aberdeen-based oil and gas explorer Faroe Petroleum expects to spend up to £150million this year as it ups its activity in offshore Norway.
Oil giant lifting annual investment to £12.7bn
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.
Bridge Energy takes explorer’s award
Oil firm Bridge Energy has won an explorer of the year award at a Norwegian industry event.
Subsea Innovation plans to double sales over three years
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.
Demand there – can industry meet it, asks Gould
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.
Ecosse launches PREP system
Aberdeen-based Ecosse Subsea Systems launched a new rigid pipelay system it has developed at Subsea 2013 yesterday.
Old thinking holding back growth
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.
Nautronix CEO scoops top accolade
The talent and success of the north east's subsea industry were celebrated at Subsea UK's seventh annual business awards last night.
S3 boosted by work on offshore windfarm
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.
Granite City firm adds two MDs
Aberdeen-based oilfield service firm Glacier Energy Services has appointed two new managing directors to lead a change in the structure of its business.