Tullow latest player to join quest for Arctic oil and gas
Interest in exploration for oil and gas off Greenland increased today with another new player entering the Arctic region.
NHV looking to expand North Sea helicopter ops
A Norwich-based helicopter operator is looking to expand its UK offshore operations after being awarded a multi-million pound contract in the southern North Sea.
Geite comes up dry
Bridge Energy shares fell 6% today after an announcement that no oil or gas was found on the Geite prospect.
Starting gun fired on Spaniards East
Premier Oil has started drilling on the central North Sea Spaniards East prospect, it was announced today.
Drilling planned on potential saline CCS sites
A project to carry out the UK's first drilling assessment of a saline formation site for the storage of carbon dioxide has been unveiled by National Grid and the ETI.
New Andrew process module sets sail
A 750 tonne process module is on its way to the central North Sea as part of BP's £900million Andrew area development.
Lease for Irish tidal array granted
Irish power firm Bord Gáis and tidal energy developer OpenHydro have been awarded exclusive rights to develop a 100 megawatt (MW) tidal energy farm.
Bristol Channel and Severn estuary – tidal gold mines
The Crown Estate has said there is potential for tens of gigawatts of wave, tidal stream and tidal range projects at sites around England, Wales, Scotland and Northern Ireland.
Shell due to award Brent decom deal
Oil giant Shell is due to award a contract worth tens of millions of pounds as part of its massive North Sea Brent field decommissioning programme.
£4.5bn decom work in pipeline
More than £4.5billion is to be spent on removing North Sea platforms and pipelines in the next five years, it was predicted yesterday.
From sleepy hamlet to Surf City
The sleepy north-east hamlet of Westhill had a population of fewer than 100 people in 1961.
Energy sector to streamline decom process
Industry bosses are to join forces to help boost the North Sea's looming £36billion decommissioning market, it will be announced today.
Maersk Oil eyes global growth
Danish marine giant AP Moller Maersk said today it was looking to boost production in its global oil and gas arm by 50% to 400,000 barrels a day by 2020.
Ithaca to spend £24million on production assets
Aberdeen-based oil and gas firm Ithaca Energy is to boost its production by buying stakes in two central North Sea oil fields for £24million.
Industry welcomes EU committee safety vote
BREAKING: The UK’s North Sea oil and gas industry has welcomed a vote by EU members of parliament in favour of an offshore safety directive.
Subsea 7 and Bechtel join forces
US engineering firm Bechtel has said it is to work with Subsea 7 on developing offshore wind and transmission projects in Europe.
Joint venture to tackle marine renewables foundations
A joint venture has been set up to develop technology to make installing marine renewables devices on the seabed easier. Remote intervention equipment manufacturer Soil Machine Dynamics will work with Blade Offshore Services in the joint venture.
Ocean Installer looking to US
Subsea construction firm Ocean Installer has moved into a new headquarters in Stavanger to meet growth needs and is looking to open a base in Houston.
Global gas market decades away
Global gas markets will come but not for several decades, the head of BG Group told a conference this morning. Sir Frank Chapman, chief executive, said getting gas to a similar position as oil, where it can be freely traded globally, would take time.
Gas a “vital industry” to UK
Gas will help cut carbon emissions and will remain a key element of the UK’s energy mix “for some time yet”, energy secretary Ed Davey told a conference today.
Wake-up call to oil firms on supply, demand
Oil firms need to wake up to global changes in supply and demand, according to a research paper published today.
Premier to take 50% in Badger prospect
Oil firm North Sea Energy (NSE) said today Premier Oil was to take a 50% stake in a UK offshore exploration licence containing the Badger prospect.
Dong’s west of Shetland operations on track
Denmark's Dong Energy said today operations on a two-well deepwater drilling campaign west of Shetland were on schedule.
Sterling restarts offshore Romania drilling
Oil and gas firm Sterling Resources said today it was about to start a two-well drilling programme offshore Romania.
First gas from Devenick announced
First gas had started on a new North Sea development which will boost UK production by 3%, it was announced today.