Dip in new North Sea drilling activity
Exploration and appraisal drilling in the UK North Sea has dropped to its lowest level since 2003, according to a report released yesterday.
Barryroe drilling “heralds renaissance”
Oil and gas explorer Providence Resources said today it was marking a "renaissance of major drilling activities" offshore Ireland with a well on the Barryroe prospect in mid-November.
Platform for sale: one careful owner
What would you do with a 20-bedroom offshore platform if you had the chance to buy one? Turn it into a fancy hotel or perhaps a base for a fish farm?
Bowleven after more cash
Edinburgh-based oil and gas exploration group Bowleven announced today it could raise £76million on the stock market to help it carry on exploring and assessing its Sapale oil field offshore Cameroon.
Production delay at Skarv dents Statoil shares
Shares in Norwegian oil firm Statoil fell 1.9% today after it was announced there would be a further delay to the Skarv field coming online.
Amec JV wins £65.4m contract extension
International engineering and project-management company Amec said today its joint venture with Clough had been given a two-year contract extension.
Cosalt shares plummet after warning
OIL and gas industry firm Cosalt saw its shares plummet 57% to just 0.7p yesterday after it said full-year trading would be significantly lower than expected.
Power returned to Rockhopper’s Ocean Guardian rig
Power has been restored to the drilling rig being used by Rockhopper Exploration in the Falklands after an outage resulted in staff being evacuated.
Arab Spring disruption
The Arab Spring has disrupted investment plans in oil and gas projects as some governments in the region have shifted their focus to meet increasing demands from their population, the International Energy Agency (IEA) said today.
Antrim poised for North Sea drilling
Calgary-based Antrim Energy said today it expects exploration drilling to start on its Erne prospect in the central North Sea Greater Fyne area once the WilPhoenix rig completes operations with another operator west of Shetland.
New boss at Pelamis Wave Power
THE company behind what could be the Western Isles' first wavefarm has a new chief executive.
Put your technology in front of the majors
Firms producing innovative technology have got the chance to put their wares in front the bosses at global oil and gas industry firms next month.
Loan fund fuels growth at Aberdeen firm
A FIRM which provides products for the oil industry is to increase its workforce after it became one of the first to benefit from a new loan fund.
Plexus Holdings technology could save millions
An Aberdeen oil and gas engineering and services firm said yesterday it was working on technology which would save the industry hundreds of millions of pounds by allowing the use of wells that would otherwise be abandoned.
Senergy extending its Scandinavian footprint
Energy service group Senergy has expanded its Scandinavian footprint as it looks to grow in Norway.
Wintershall becomes gas producer on UKCS
German oil and gas firm Wintershall has said it has now launched gas production from the Wingate field - its first gas production as operator in the UK North Sea.
Norwegian North Sea Carbon storage sites identified
Five areas of the Norwegian Continental Shelf (NCS) have been nominated by oil and gas operators as potentially suitable sites for carbon dioxide storage, the Norwegian Petroleum Directorate said today.
Butch gives Faroe a boost
Elaine Maslin
Statoil finds oil in Aldous Major South
Scandinavian oil giant Statoil has said its Aldous Major South appraisal well in the Norwegian North Sea has found oil.
Norwich MP takes on oil industry taxation role
A NORWICH MP has been given a key Treasury role charged with handling economic issues, including North Sea oil taxation.
Iraq move for Taqa
Abu Dhabi's national energy company Taqa is to buy nearly 20% of a Calgary-based firm focused on Iraq.
Drilling starts on Zapffe
OIL and gas firm Valiant Petroleum said today drilling had started on the high impact Zapffe prospect in the Norwegian Barents Sea.
Record third-quarter results for Halliburton
US oilfield services firm Halliburton today posted record revenues and profits, led by strong growth in North America.
Atlantic margin licences awarded
Thirteen Atlantic Margin licences are to be awarded by the Irish Government to a total of 12 companies - including seven new to the region.
Maersk crane deal for Enermech
ABERDEEN company EnerMech has landed a multimillion-pound crane maintenance contract from Maersk Oil North Sea UK.