Wintershall disappointment after gas find
German energy firm Wintershall has found gas in a wildcat well in the Norwegian sea - but the discovery is not expected to be commercial.
Petroquest looks for cash boost from Gulf of Mexico acquisition
Oil and gas firm Petroquest says it has acquired a number of shallow water producing assets in the Gulf of Mexico for around £124million.
Statoil confident of hitting 2020 production targets from NCS
Oil giant Statoil says it is on target to deliver more than 1.4million barrels per day from the Norwegian continental shelf by the end of the decade.
Mongolia launches wind farm in first move towards renewables market
Mongolia has officially opened its first wind farm after bringing 31 wind turbines online at the Salkhit development.
EDF windfarm off Teesside coast enters production
EDF has completed work on the 27-turbine wind farm off the Teesside coast.
Otto Energy reveals high hopes for further recoveries in Galoc field
Australian firm Otto Energy says it could produce up to a further 12million barrels of recoverable oil from its Galoc field off the Philippines.
Aker lands Heidrun frame agreement
Aker Solutions has won a frame agreement to supply, refurbish and store compensation equipment for Statoil's Heidrun North Sea platform.
Piper 25: Workers should ‘take chance to raise worries’, conference told
Offshore workers should take every opportunity to raise concerns they may have over safety, according to a Piper Alpha survivor.
GE lands £93million CO2 injection equipment deal
Energy services business GE Oil & Gas has won a £93million deal to provide subsea production and injection equipment for Statoil's CO2 project.
Riverstone raises £5billion for new energy fund
Energy-focused private equity firm Riverstone has raised £5billion ($7.7billion) from investors for a new fund aimed at building energy and power businesses around the world.
CETCO appoint Higgins as new projects engineering manager
Portlethen-based oil services firm CETCO has appointed Chris Higgins as the company's new projects engineering manager as the company sets its sights on substantial expansion in the Middle East, Europe and North Africa.
Technip lands major pipe contract for Petrobras field
Energy project management giants Technip have landed a £430million-plus deal to provide flexible pipes for Petrobras' Iracema Sul field in Brazil.
EU challenged to cut energy industry emissions by 55% within 22 years
European Union chiefs have been urged to set a tough target to cut 55% of emissions from the energy sector and heavy industry by 2035.
Massive windfarm plan tipped to make north Scotland ‘the new Saudi’ of renewable energy
THE go-ahead for a massive offshore windfarm could turn the far north into the Saudi Arabia of renewable energy, it was claimed yesterday.
Energy market reform is ‘potentially dangerous’, Lords warned
The UK Government’s reform of the energy market is “potentially dangerous”, Labour has warned.
Reef sends second ship to West Africa
Reef Subsea is to send a second subsea construction vessel to West Africa after secured a third contract in the region.
Bumper year for Bengal Energy after Cuisinier success
Canadian oil and gas firm Bengal Energy saw revenues rise by 384% after being boosted by an increase in production and equity funding.
DNV launch new training course for safety representatives
Det Norske Veritas is to launch new training courses for elected safety representatives aimed at minimising the number of accidents offshore.
Petrofac signs £32million deal with OOCEP to manage new Omani facilities
[free] Energy industry service provider Petrofac has signed a new £32million agreement with Oman's state-owned oil company to operate and maintain two new production facilities in the Middle East.
Helix completes sale of pipelay vessel
US energy firm Helix has completed the £88million sale of its pipelaying vessel to Tevaskis - and expects to sell its other vessel by next month.
Double appointment by Bibby Remote Intervention as Howe and Longstaff sign up
Bibby Offshore said yesterday its remotely operated vessel service division, Bibby Remote Intervention, had appointed David Howe to the newly established role of project director.
Expro eyes Scottish Business Awards success
Bosses at oilfield service company Expro, of Aberdeen, hope to further celebrate its 40th year with victory at the 2013 Scottish Business Awards later this week.
Heathrow expansion would be ‘better for UK economy’
Expanding Heathrow would be cheaper, quicker and better for the UK economy than creating a new hub airport, according to a new report from the London airport’s bosses.
New profit warning sends Saipem share price crashing
Saipem's share price crashed yesterday after Europe's biggest oil industry service group gave its second major profit warning in less than six months amid problems with contracts in Algeria, Mexico and Canada.
HSE admits ‘more to be done’ as number of serious leaks rises to highest in 14 years
The number of major offshore oil and gas leaks has reached the highest level in 14 years - despite the overall number of leaks falling to a record low.