More cash is needed to help commercialise wave and tidal power or jobs and expertise or other country's could steal Scotland's lead in the fledgling industry, according to a report published today.
Orkney's European Marine Energy Centre has leased out its last available test berth after Swedish utility Vattenfall signed up to test a wave energy device.
North Sea oil and gas firm Taqa Bratani is gearing up to drill another five to 10 exploration wells, its managing director said yesterday.
The subsea arm of global conglomerate GE is to spend £16million on its Aberdeen and Montrose facilities over two years as it gears up for growth.
UK-based oilfield service companies have come through the financial turmoil of the past few years but have seen their margins squeezed, according to a report on the state of the sector published today.
A contract to build new living quarters for Nexen's Buzzard platform in the North Sea has gone to a yard on Teesside, England.
Aberdeen-based oil and gas explorer Xcite has signed a letter of intent with Norwegian firm Ocean Installer for subsea work on the Bentley field.
The jack-up rig Rowan Norway, contracted out to oil and gas explorer Xcite Energy, is once again on the move.
RWE Dea is to take 10% equity in one of Wintershall's North Sea production licences on the Norwegian Continental Shelf.
The rig-owning subsidiary of Odfjell Drilling is hoping to raise $400-$500million in a private placing to boost its ultra deepwater rig fleet.
The head of Statoil's exploration team has said he still sees the potential for some fairly significant new discoveries to be made in the UK North Sea.
Shell is pushing ahead with a North Sea development it put a questionmark over following the UK Government's unexpected tax grab last year.
Learning by doing will be the key for subsea industry players wanting to get involved in the emerging wave and tidal energy industry, according to a leader in the industry.
More collaboration and standardisation is needed on decommissioning projects, according to southern North Sea operator Perenco.
The Norwegian Petroleum Directorate has given permission to Total and Centrica to carry out exploration drilling in the North Sea and Norwegian Sea.
Orkney's European Marine Energy Centre (EMEC) is to help Japan build its own test centre for wave and tidal energy devices.
Oil and gas explorer Sterling Resources has said costs have overrun by 17% on the southern North Sea Breagh gas development.
Oil and gas firm Canadian Natural Resources (CNR) said today it saw record global activity in 2011 but its UK business suffered after last year's Budget.
Oil services firm Hunting said today it was confident of further growth in 2012 after a rise in profits.
Oil explorer Summit Petroleum is to start drilling the Orchid prospect in the central North Sea with the Sedco 711 semi-submersible rig, it was announced today.
Premier Oil said today it would plug and abandon its Bluebell prospect in the central North Sea after reaching total depth.
Fledgling oil and gas independent Parkmead Group is to make its first acquisition of producing assets.
Aberdeen explorer Xcite Energy was waiting for a weather window yesterday after the rig due to drill on its Bentley oil field was diverted to waters off Macduff and Banff. The unusual visitor arrived over the weekend after weather in the North Sea meant it could not get out to the heavy-oil field. The Rowan Norway had left Dundee, where it underwent modifications, last Thursday. Bentley, where the rig is due to drill an extended well test, is 100 miles east of Shetland.
Business Secretary Vince Cable and Energy Minister Charles Hendry will join forces with industry later this month in an effort to bring more North Sea offshore fabrication work on to UK soil, an energy-sector event heard yesterday.
Increased global oil and gas investment will continue to help underpin growth at energy service firm Wood Group in 2012, it said yesterday.
