Aker Solutions says investing to grow
Energy services firm Aker Solutions said today it had missed financial targets this year but that growth plans remained on track.
Sevan seeks £15.6million in offering
Norwegian floating production specialist Sevan Marine said today it had launched a bid to raise £15.6million on the country's stock market.
Tudor Rose results delayed
Results of an appraisal well on oil explorer EnCore Oil's Tudor Rose prospect will not be available ahead of an important shareholders' meeting.
Lord Browne in line up at southern North Sea conference
A former head of BP has been lined up to speak at an annual offshore energy conference in the east of England.
Centrica success on Butch
Centrica's Butch prospect could contain up to 60million barrels of oil, the parent firm of Scottish Gas said today.
Investment and divestment for Total’s North Sea portfolio
French oil giant Total has upped its stake in two major North Sea fields in a £505million deal, but said it was also looking at selling off some of its assets in the region.
Subsea 7 picks up Brazilian work
Subsea 7 has won a £128million contract with Brazil's state oil company Petrobras for work in the Campos Basin off the country's coast.
Tax grab making west of Shetland more challenging
THE challenges of developing gas fields west of Shetland have been made more difficult because of the recent North Sea tax grab, a briefing on the frontier region will be told today.
Faroe completes Petoro deal
Faroe Petroleum said today it had completed what was described as its "transformational" Norwegian deal.
Xcite takes charge of Norway
Elaine Maslin
Aker eyes northern Norway and Barents potential
Aker Solutions has announced plans to open a large engineering office employing 2-3,000 people in Tromsø in three to five years time.
COP says Esperanza proved to be promising
Canadian Overseas Petroleum (COP) said yesterday drill-stem testing on the North Sea Esperanza prospect had confirmed it as a "promising discovery".
Antrim find net oil and gas on Erne
Oil and gas firm Antrim Energy said today it had found 50 feet of gross hydrocarbon pay on its central North Sea Erne prospect.
Market cool on Xcite’s Bentley plans
Oil explorer Xcite Energy said today it was changing the development plans for its North Sea Bentley field.
Hendry hails record volume of North Sea project approvals
Energy Minister Charles Hendry said on a visit to Aberdeen that the UK North Sea had seen a record volume of project approvals and spending this year.
Cairn still positive of success off Greenland
Oil and gas explorer Cairn Energy said today it was still confident of success off Greenland despite its 2011 drilling campaign failing to make a commercial discovery.
Wood Group launches Angolan JV with BP contract
Aberdeen energy service giant Wood Group announced its first contract for a new joint-venture in Angola today.
Talisman extends its scholarship scheme
NORTH Sea operator Talisman Energy (UK) last night announced plans to increase its investment in a scholarship to more than £1million.
Industry still hopeful of respite on tax issues in Budget
Oil and gas chiefs are still hopeful of new measures to offset some of the damage done by the UK Government's last Budget - despite no mention of the industry yesterday.
Industry scholarship scheme extended
NORTH Sea operator Talisman Energy (UK) last night announced plans to increase its investment in a scholarship to more than £1million.
Argos holds back on Falklands drilling
Falklands explorer Argos Resources said today it was not going to take part in the current drilling campaign in the region.
Argyll to go into production – for the third time
Oil and gas firm EnQuest said today it had agreed to go ahead with a £546million project to jointly develop its central North Sea Alma and Galia fields.
Ocean Guardian spuds final Falklands well
Falklands oil and gas explorer Rockhopper Petroleum said today it had spudded its latest well in the remote region.
Drop in financial guarantee requirements boost for small firms
Small firms hoping to enter the wave and tidal power market have been given a boost by the Crown Estate.
Raising new graduates’ awareness of market forces
NEW graduates at engineering and project management firm Amec have been introduced to the drivers of the FTSE100 firm through a collaboration with Cranfield School of Management.