AMEC'S Australian-based joint venture, Clough AMEC, has been awarded a contract by Chevron to provide engineering services for its oil production facilities at Barrow Island and Thevenard Island offshore Western Australia.
Meanwhile, the NOCs have been investing heavily in expanding their refinery capacity away from a dependence on light sweet crude, the mainstay of domestic production, so as to take advantage of a wider range of resource investments around the globe.
IRANIAN president Mahmud Ahmadinejad has inaugurated the South Pars phases 6, 7 and 8, and phases 9 and 10 are expected onstream within a few months, according to the Iranian News Agency.
THE UK's Industry Technology Facilitator (ITF) hosted a pioneering global technology summit in Aberdeen that has set the wheels in motion for greater collaboration between the world's leading technology organisations.
Leading energy banker Matt Simmons is warning upstream oil&gas against knee-jerk reactions, especially cutting back on investment and jobs - battening down the hatches.
Oil & Gas UK recently announced its intention to publish new guidelines with respect to the somewhat contentious practice offshore colloquially known as "NRB", or "not required back".
I don't know where world oil prices will be when you read this, but as I write they have collapsed from a peak of $147 per barrel to $65.
Last month's Government reshuffle included two significant changes that I have been advocating for a long time. Indeed, coming on top of the Damascene conversion to nuclear power, I am feeling a little bit like the prophet whose hour has come.
China's oil majors are counting a bundle of mixed blessings this year as they seek to recover their confidence abroad after striking out on the acquisition trail in 2007.
Three or four years ago, and prompted by some comments from a friend at one of the universities who had some very ungenerous things to say about the man, I sent an e-mail to Fred Goodwin.
Last week, as oil prices threatened to slide below $60, the Press and Journal understandably reported on the potential for damage to the UK's offshore industry - and rightly so. But it was presented in a balanced, responsible manner, without sensationalising the issue and avoiding words such as panic.
Yantai Raffles has successfully loaded out the first of three semi-submersible drilling rigs under construction for Awilco Offshore.
The Carbon Trust has signed a groundbreaking agreement in offshore wind with five international energy companies: DONG Energy (Denmark), Airtricity Developments (UK), RWE Innogy (Germany), ScottishPower Renewables (UK) and StatoilHydro (Norway).
The cost of curbing even just carbon dioxide (CO) emissions will inflate by billions of dollars if 10,000 carbon capture and storage (CCS) projects are not in place worldwide by 2050, the International Energy Agency (IEA) claims.
StatoilHydro's latest appraisal of its North Sea Dagny discovery on block 15/5 indicates that the field holds reserves in the range 130-170million barrels oil equivalent.
Aberdeen company Nautronix is shipping £4million ($7million) worth of its equipment to the US Gulf of Mexico to provide subsea acoustic positioning services to Brazilian company Petrobras, which is opening up the Cascade and Chinook fields as a co-ordinated development.
AMEC went back to school to win top honours at the Offshore Contractors' Association (OCA) awards in Aberdeen last night.
The boss of Abu Dhabi national energy company TAQA said yesterday that its strategic plan remained unaffected by recent events in financial markets.
OIL giant Royal Dutch Shell yesterday joined the profits bonanza from record prices with a 71% jump in third-quarter earnings.
A new scheduled transatlantic shipping connection between Aberdeen and the Gulf of Mexico will deliver its first cargo of oilfield equipment to the north-east port this weekend.
Aberdeen mechanical service company EnerMech yesterday announced its third acquisition in less than a month.
There will be significant knock-on effects for the oil and gas business on the UK continental shelf (UKCS) if problems in financial markets persist, an industry expert said today.
Canadian energy group Nexen yesterday announced a further delay to first output from the Ettrick field development in the North Sea.
OIL giant Royal Dutch Shell has named Peter Voser as its next chief executive.
ABERDEEN-BASED oilfield technology company Brinker is forecasting a big surge in turnover and staff numbers in the next three years.