BP earmarks £1.7billion for North Sea
Oil giant BP will spend £1.7billion on North Sea projects in 2012, the most in a decade, it said yesterday.
Oil giant BP will spend £1.7billion on North Sea projects in 2012, the most in a decade, it said yesterday.
A group of scientists working on the development of cutting-edge sensor systems will put out a call for applicants for thousands of pounds of funding for research in subsea sensing today.
The deepwater drilling rig Leiv Eiriksson has been picked to work offshore Norway from late 2012 or early 2013 under a new three-year contract, its owner Ocean Rig said today.
North Sea operator Premier Oil said today a decision on whether to commercially develop the Fyne area would be made later this year after abandoning a well on the east of the field.
Energy giant Shell has launched plans to carry out seismic survey work offshore Greenland as interest increases in the region.
Aberdeen-based OEG Offshore said yesterday it had appointed a new finance director, Tom Boyle.
Drilling, which has a UK operation based in Aberdeen, has reported a fall in annual profits.
Shell chief executive Peter Voser outlined a new agenda for profitability and growth for the oil giant yesterday after posting a surge in annual profits to £18billion.
Apache has agreed a long-term contract for use of the newly-built platform supply vessel M/V Blue Fighter for work in the North Sea starting next week.
In 2011 Centrica announced plans to grow its upstream business by 50% within the next five years through a combination of exploration activities, new developments and acquisitions.
Around 100 jobs at a pipeline manufacturing plant in the Highlands have been secured after Subsea 7 picked up a £63million contract with BP.
Tidal device developer Atlantis Resources is to test its AR1000 machine at the National Renewable Energy Centre (NAREC) in Blyth, Northumberland, it said today.
NOF Energy's March conference will be opened by energy minister Charles Hendry, the organisation has announced.
Some oil and gas pipelines in the North Sea could become redundant if new reserves are not found and developed in time, a meeting in Aberdeen was told yesterday.
Future issues around how massive offshore windfarms will be operated and maintained was a key topic on the final day of an industry event in Aberdeen yesterday.
Sparsely populated and lying at the northernmost point of mainland Scotland, Caithness can feel like an island but it is not as remote and cut off as it might seem.
Nearly 3,000 blocks in the UK North Sea are to be offered out to oil and gas explorers today as the latest licensing round is opened.
Global shipbuilding giant Samsung Heavy Industries (SHI) has announced plans which could see it invest up to £100million in manufacturing wind turbines in Scotland.
A major operation involving the last section of the longest pipeline bundle made was due to be launched off Caithness last night.
Norwegian financial services group DnB said Aberdeen was a natural point to continue the expansion of its international network. The group, the largest financial group in Norway, opened its new office in Aberdeen just over a month ago.
Independent oil and gas firm EnQuest is to take over control of the North Sea Kraken discovery after agreeing to up its stake to 45%.
Logistics firm Asco has doubled its market share in Norway since 2008 and says there is more to come.
Logistics firm Asco has doubled its market share in Norway since 2008 and says there is more to come.
Tidal power developer Marine Current Turbines (MCT) has invited investors for its first two commercial-scale projects, including one off Scotland.
Oil explorer Xcite has asked the Department of Energy and Climate Change for permission to install temporary pipelines for work on its Bentley field.