Desire reviewing financing options to restart Falklands drilling
Shares in oil and gas explorer Desire Petroleum fell 11% to 19p today after it said it was continuing to look for finance to restart its drilling campaign.
Shells adds 400,000 production to portfolio
A decision to invest through the 2009 downturn is paying off and 14 additional upstream projects have been launched this year, the boss of energy giant Shell said at an investor briefing in New York yesterday.
PowerBuoy wave energy device trials exceed expectations
US renewable-energy company Ocean Power Technologies (OPT) said today it believed capacity on one of its wave energy devices being tested off Scotland was better than most other renewable energy sources.
Total announces “significant” Caspian gas find
Total today said it had made a major gas discovery in the Caspian Sea in the Absheron block offshore Azerbaijan.
Potential for new oil region off French Guiana – says Tullow
Elaine Maslin
Treasury pledge to remove barriers and uncertainty to oil and gas industr
UK treasury secretary Justine Greening last night pledged to "improve engagement" with the oil and gas industry by launching a group to discuss future fiscal issues.
Statoil to have 700 north-east workers at two major UK North Sea fields
Statoil plans to have a 700-strong north-east workforce for two major UK North Sea heavy oil fields, it revealed at Offshore Europe today.
North Sea oil and gas industry faces tough challenge on oil and gas releases
Elaine Maslin
Oil industry has gaps in health and safety information systems – report
There are gaps in critical health and safety information available for oil and gas workers, according to a report.
Offshore Europe attendance up 3%
The total attendance for the first two days of Offshore Europe was just over 24,000 - up 3% on the same period in 2009.
Oil industry has gaps in health and safety information systems – report
There are gaps in critical health and safety information available for oil and gas workers, according to a report.
Optimistic over UK North Sea investment
More than half of delegates to Offshore Europe expect increased investment in the UK North Sea, according to a survey.
North Sea oil and gas industry faces tough challenge on oil and gas releases
Elaine Maslin
12,000 visitors by lunchtime on first day of Offshore Europe
The first day of Offshore Europe saw nearly 12,000 visitors through the doors by 1pm at Aberdeen Exhibition and Conference Centre, show chairman Samir Brikho said tonight.
OSPRAG capping device praised by energy minister
UK Energy minister Charles Hendry today praised the engineering skills and industry collaboration which created a £9million subsea capping device.
£111billion worth of projects in North Sea
Projects worth £111billion are currently being proposed for development are or are under development in the UK and Norway North Sea, according to a report issued at Offshore Europe today.
BP and Chevron projects get go-ahead in North Sea
Approval for a major North Sea development, worth up to £700million was announced at Offshore Europe today.
Subsea industry riding high but lacks research funding
The subsea sector is on the crest of a wave of growth but is facing a dearth of funding into research and technology, the opening breakfast at Offshore Europe was told yesterday.
BP hits out at Halliburton over Macondo lawsuit
Oil giant BP today accused oil service giant Halliburton of failing to take responsibility for its role in the Gulf of Mexico Macondo disaster after the US firm filed a lawsuit against it.
Have you got what it takes to be a NOF award winner?
Energy business support organisation NOF Energy has opened the nominations process for its annual awards.
EnQuest drops production target for 2011
Elaine Maslin
BP hits out at Halliburton over Macondo lawsuit
Oil giant BP today accused oil service giant Halliburton of failing to take responsibility for its role in the Gulf of Mexico Macondo disaster after the US firm filed a lawsuit against it.
Japan’s Marubeni Corp moves into UK offshore wind
Japanese firm Marubeni Corporation said today it believed offshore wind was a "tremendous growth opportunity" after agreeing to take a 49% stake in Dong Energy's Gunfleet Sands offshore windfarm.
Have you got what it takes to be a NOF award winner?
Energy business support organisation NOF Energy has opened the nominations process for its annual awards.
Cosalt geared-up for fresh start
Cosalt said yesterday it was ready for a fresh start after clearing most of its debts and recruiting a new senior management team.