Saudi Aramco is preparing to launch into a record exploration and development campaign targeting unconventional gas while continuing to drill for oil in order to sustain its potential production capacity at around 12.5million barrels per day.
Japan Oil, Gas, and Metals National Corporation (JOGMEC) has started a trial to produce methane gas from methane hydrate recovered from the Pacific seafloor offshore Japan's Aichi Prefecture.
The Hebron field development offshore Newfoundland and Labrador in the Canadian North Atlantic has been sanctioned by operator ExxonMobil and co-venturers in the project.
The US Department of Energy Information Administration (EIA) has advised that it expects crude oil production in the United States to increase this year to its highest annual volume on record.
TWMA of Aberdeen, an integrated drilling services and environmental solutions provider to the oil industry has hired Leif Ove Svensen as its Scandinavia region manager. He brings more than 22 years' experience to the job and has held various senior positions.
Wintershall has made an oil discovery on exploration licence F17a in the Dutch sector of the North Sea about 120km north of Den Helder in some 44m water depth.
Lebanon is planning to hold its first round of offshore oil and natural gas licensing this month, with a list of qualified explorers released March 31. The government plans to begin accepting bids on May 2.
The University of Houston is preparing to launch the first subsea engineering graduate programme to have been developed in the US.
FMC Technologies is on a roll, with three large new contracts secured offshore West Africa, US Gulf of Mexico and Natuna Sea. The deals reflect the boom that the subsea sector currently enjoys.
Eidesvik Offshore's new-build maintenance and light construction vessel Seven Viking is set to start an eight-year contract with Subsea 7.
Aker Solutions has secured a $50.6million contract for the supply of deepwater umbilicals to the Aasta Hansteen field in the Norwegian Sea, block 6706/12.
Prosafe has been awarded a contract by BG International for the provision of the Safe Bristolia accommodation support rig at the Everest platform in the UK sector of the North Sea.
Petrobras has chalked up another discovery of good quality oil with its exploration well drilled in the Sul de Tupi (Tupi South) area in the Santos Basin offshore Brazil.
Co-operatives in Germany are driving forward the country's renewable energy efforts, according to a report by Energy Transition.
Vroon Offshore Services has ordered a subsea support vessel (SSV) at Fujian Southeast Shipyard in China, with an option for a second vessel. This follows the two SSVs built at the shipyard in 2012, VOS Shine and VOS Sweet.
Lundin Petroleum has established its largest budget for its 2013 exploration, appraisal, and development operations . . . a total of $1.7billion.
Baker Hughes has announced that Martin Craighead will become chairman in addition to his current role as president and CEO. He takes up the responsibility from the company's AGM in April when the current chairman Chad Deaton stands down. Craighead began working with the company in 1986.
Fabricom, a GDF Suez Energy Services company with a significant presence in Aberdeen, has been awarded a contract by Marathon Oil Norge for provision of maintenance and modification services for the company's Alvheim floating production, storage, and offloading vessel (FPSO).
Statoil and partners in the Aasta Hansteen field have submitted their plan for development and operation (PDO) of the field to Norway's Ministry of Petroleum and Energy.
Italy's Eni has been awarded three exploration and production sharing contracts by Cyprus' Ministry of Commerce, Industry, and Tourism.
The topic for December is Tidal energy about which there has been loads and loads of stuff in the media of late. Tidal energy is seen as an important new resource that Scotland has loads of.
Any oil or gas leak from a North Sea field is bad news - not just from a people or environmental perspective, but potentially also for the British economy.
Shell has made a dreadful start to its first attempt in 20 years to hunt for offshore oil and gas resources to the north of Alaska.
OK, so the decks are being cleared for the great British shale gas bonanza. "Don't worry," smile the politicians, "Cheap gas is on its way."
Mid-2012 and two leaks from their UK North Sea Osprey field 200km (120 miles) north-east of Shetland is something that senior management at Fairfield Energy want to put behind them.
