AMEC wins £150million Clair Ridge project
International engineering and project-management company AMEC said it had been awarded a £150million design contract on the £4.5billion Clair Ridge project.
Nautical excited about North Sea finds
OIL and gas explorer Nautical Petroleum said yesterday that 2012 would be transformational for the company as it moved to help develop three North Sea fields.
Oil discovery off Denmark
Swedish oil and gas firm PA Resources said today it had found oil offshore Denmark.
Rockhopper well
Oil explorer Rockhopper Exploration is to drill another well in the remote Falklands region.
New Falklands prospect similar to Sea Lion
Falklands explorer Argos Resources said today it had identified "considerable additional prospectivity" on its North Falkland Basin licence.
Bowleven shares soar on west Africa news
SHARES in Edinburgh-based oil and gas exploration group Bowleven rose 40% today after the firm said its offshore west Africa resources were bigger than estimated.
Ithaca to list on Toronto Stock Exchange
Ithaca Energy has received conditional approval to list its shares on the Toronto Stock Exchange.
Petrex eyes £8m turnover target
A GROWING project-management consultant set up by two former Marathon Oil staff has set its sights on turning over £8million annually by the end of 2012.
Milestone for Devenick project
A FIELD capable of supplying 3% of the UK's gas needs has taken a step closer to coming on stream, BP said yesterday.
BP boss on UK’s ‘greatest industrial success story’
JUST over a year into taking on the top job at BP, Bob Dudley was keen to talk up the global firm's UK territory yesterday.
The longer term future of the UKCS
THE announcement by BP that investment of £10billion is to be made on four major oil and gas developments in the UKCS is obviously welcome news for all stakeholders.
Reports raise fears for new projects
COMBINED investment of £10billion by BP and its partners appeared to dampen claims that North Sea investment had been damaged by the chancellor's March tax grab.
Significant day in North Sea history
ENERGY giant BP yesterday announced the start of what it said would be its largest period of investment in the UK North Sea after getting the go-ahead for its Clair Ridge project.
BP’s Clair Ridge given green light
BP has this morning announced that its massive Clair Ridge project west of Shetland has been given the green light by the UK Government.
Aberdeen’s ICR on a buying spree
A NEWLY formed energy service group said yesterday it was in discussions over a further two acquisitions after announcing it was buying asset-integrity specialist North East Corrosion Engineers (Nece).
16-year North Sea field development high
The largest number of oil and gas fields are being developed in the UK North Sea in 16 years but are costing more than ever, according to a report on the sector.
Asco US bid talk
US-BASED private-equity group AEA Investors, which counts former BP chief executive Tony Hayward among its advisers, was reported yesterday to be among bidders for international oil and gas logistics group Asco.
Predicting the power of the wind?
The Met Office has launched a weather forecasting tool aimed at the wind energy sector.
Competition for first tidal array hots up
Plans by a marine energy device producer and RWE npower renewables to install and operate Wales's first tidal energy farm have moved a step closer.
Offshore wind costs task force
A group of business leaders from the growing offshore wind industry have been named as heading up a task force to reduce costs in the sector.
Statoil’s wildcat well comes up dry
Statoil Petroleum's wildcat well 15/8-2 near Sleipner was found to be dry, the Norwegian Petroleum Directorate said today.
Rockhopper’s Desire to up Falklands stake
Falklands oil and gas explorer Rockhopper Exploration is to boost its holdings in the region by agreeing a farm-in with Desire Petroleum which could extend its Sea Lion discovery.
Industry needs public on side on tight gas
Public confidence in "tight gas" needs to be boosted if the world is to make the most out of the "wonderful opportunity" posed by the gas supply revolution, according to a Shell boss.
Safety is not just about compliance – Opito
COMPLIANCY and competency in the oil and gas industry are in conflict, according to research commissioned by the sector's skills and training standards body Opito.
16-year North Sea field development high
The largest number of oil and gas fields are being developed in the UK North Sea in 16 years but are costing more than ever, according to a report on the sector.