CNOOC makes £9.6billion bid for Nexen
State-controlled Chinese oil firm CNOOC today announced a £9.6billion bid for Canadian operator Nexen in a deal which would see it gain control of one of the UK North Sea's largest oil fields.
Oil firm has new office
Norwich-based oil and gas engineering firm Aquaterra Energy has a new office in Aberdeen.
Nexen hails 71% rise in Buzzard field’s output
Canadian oil and gas firm Nexen said yesterday production from the Buzzard field rose 71% in the second quarter, compared with the same period last year, helping boost revenue.
Bentley flowing at 2,900 barrels, says Xcite
North Sea heavy oil explorer Xcite today said oil was flowing from its Bentley field at a rate of 2,900 barrels of oil per day.
BP makes gas find off Norway
BP has made a gas discovery off Norway on a wildcat well near its Skarv development.
Iona brings forward Orlando plans
Oil and gas explorer Iona Energy said yesterday it was in discussions with potential partners to help develop its North Sea Orlando and Kells developments.
Oaktree takes control of ISS
A US private-equity firm has taken control of Aberdeen subsea firm Integrated Subsea Services (ISS) in a deal understood to be worth more than £70million, it was announced yesterday.
Seajacks places £78million order with Lamprell
Jack-up vessel owner and operator Seajacks has placed an estimated £77.8million order for a fourth vessel with UAE construction firm Lamprell.
UK North Sea activity on the increase
UK North Sea activity has continued to increase with drilling, deal activity and new developments all up on last year, according to a new report out today.
Borders & Southern fall on Falklands failure
Oil explorer Borders & Southern said today it had suffered a "disappointing result" in the Falklands after failing to find a commercial discovery in its latest exploration well in the region.
Sterling plans selloff as Breagh costs rise again
Oil and gas explorer Sterling Resources wants to sell off its remaining stake in the North Sea Cladhan field and a chunk of its Romanian exploration acreage.
East of England in the spotlight at energy event
French power services firm Areva has said it is unlikely East Anglia would be used as a base for a proposed UK manufacturing plant.
Dana orders new vessel for Western Isles development
Aberdeen-based oil and gas firm Dana Petroleum said yesterday was ordering a new-build floating production vessel for its near-£1billion Western Isles North Sea development.
CEO delivers update on exploration plans
Premier Oil chief executive Simon Lockett said yesterday he was looking forward to increased exploration by the firm in the next 12 months, including in the North Sea.
Premier buys 60% stake in Sea Lion
UK-listed oil firm Premier Oil is to become a key Falklands oil and gas player after announcing a £643million deal with Rockhopper Exploration.
Firm hails Babcock contract
An Aberdeen-based business-management system firm has said it is expecting more than 100% turnover growth this year after announcing a major contract win with Babcock.
Staff evacuated from Yme over substructure concerns
Workers on a platform over Talisman's Yme field in the Norwegian North Sea have been evacuated as a safety precaution due concerns over its substructure.
Technip gets LOI valued at £423million for spar design
Technip has been given a letter of intent to lead the engineering, construction and transportation of what will be the first spar production platform of its type in the Norwegian sector of the North Sea.
Arnish yard gets £2million investment
The Arnish fabrication yard on Lewis is to get a £2million shot in the arm from a Scottish investment fund aimed at boosting low carbon and green projects, it has been announced today.
Offshore wind farm nearing completion
The final blade on the 88-turbine Sheringham Shoal Offshore Wind Farm off Norfolk was bolted into place yesterday.
Report highlights recent major safety improvements
Improvements in safety and a fall in oil and gas leaks in the North Sea offshore industry have been highlighted in a new annual publication.
BP’s Jigsaw completes emergency milestone
A search-and-rescue service launched by oil giant BP six years ago has completed its 300th emergency mission in the North Sea, the firm said yesterday.
More drilling planned for Johan Sverdrup
Statoil is planning to drill two wells on its massive Johan Sverdrup discovery in the Norwegian North Sea.
CO2 storage reservoir gas leak tested
An experiment to test what would happen if carbon dioxide (CO2) leaked from underground storage reservoirs beneath the seabed has been hailed a success.
Geothermal plans outlined for UK
An Irish geothermal power developer has teamed up with E.ON UK to develop five new deep-geothermal heat and power distribution systems.