ROCKSOURCE is to carry out a controlled source electromagnetic (CSEM) survey over the Cyclops prospect straddling blocks 17/6 and 17/9 in the Norwegian sector of the North Sea.Cyclops is located just north of the Bream and Brisling oil discoveries and is part of the same Middle Jurassic play. The prospect is estimated to contain 100million barrels of recoverable oil.
THE International Marine Contractors Association (IMCA) has called on the offshore industry to report all incidents involving dynamic positioning (DP) station-keeping as part of a wider drive to enhance ship-related safety.
THE Faroese ministry of fishery and natural resources has launched its third licensing round with a call for interested companies to apply for exploration licences offshore.
WITH the current record high oil prices and the continuing boom in the offshore industry, staffing issues are seen as one of the most challenging problems facing the industry. A number of recent reports highlight the shortage of qualified and experienced staff required in many areas of engineering and there continue to be high staff turnover rates in many areas.
Norwegian company DOF Subsea has taken delivery of its latest construction vessel from Aker Yards and immediately deployed it on an eight-year charter with subsea group Acergy.
Driven partly by the European Union's renewable energy targets for 2010 and 2020, most member countries have set themselves ambitious wind energy targets.
There is a journalistic ritual of placing the words, "the influential", in front of the name of any parliamentary committee in order to add a bit of weight and significance to whatever subject it is reporting on. In fact, most parliamentary committees and their reports are pretty non-influential, even if they grab a few headlines.
IRELAND has decided to extend the area to be opened for licensing in the 2009 Rockall Round to include the north-western margin of the Rockall Basin.
It was really quite remarkable. I nearly fell off my chair when I heard that, at the recent G8 meeting, Gordon Brown was effectively trying to dictate technology policy by saying that all British motorists will be driving electric or hybrid cars by 2020. Eh?
It's great news that expansion in offshore wind could create up to 30,000 new jobs in manufacturing and bring £3billion of investment to the north-east of England - or as BERR parochially puts it, the north-east, forgetting that there is also the north-east of Scotland.
INTEREST offshore Kenya is set to revive thanks to Origin Energy finding evidence of natural oil seepage from the sea floor which lines up with "very large" structures identified from seismic surveys.
Red Spider has moved to a new purpose-completed headquarters eight times bigger than its first home and four times larger than the last premises at Westhill, outside Aberdeen.
People are both a major asset and cost of business. In today's climate, the oil&gas industry is facing a skills shortage, making recruitment one of the biggest challenges to overcome.
Vast petroleum reserves lie north of the Arctic Circle, according to the US Geological Survey - more than 400billion barrels oil equivalent of potentially recoverable oil, natural gas and liquids. And most of it seems to lie offshore.
Drilling is about to start on the Southern North Sea East Breagh prospect which, if successful, could clear the way for the largest UK Continental Shelf dry gas development for years.
TWO north-east men are looking to set up a community group to buy domestic heating fuel direct from suppliers to ease the impact of escalating energy prices.
Oil companies Total, Chevron and StatoilHydro all showed the benefit of soaring oil and gas prices as they reported significantly higher second-quarter profits yesterday.
The oil industry's profits bonanza continued yesterday after surging prices helped Royal Dutch Shell to a surplus of almost £8billion for six months' trading.
British Gas parent Centrica added fuel to the flames over record price rises yesterday after announcing a £144.6million dividend payout for its shareholders.
GLOBAL energy service company Wood Group, of Aberdeen, has announced a potentially lucrative Middle East joint venture.
A SCOTTISH commercial diving centre reported yesterday that it continued to work at full capacity to train students.
Scots are bracing themselves for tough times ahead as the UK's biggest domestic energy supplier last night announced a price increase of 35%.
Rocketing oil and gas prices helped BP to bumper profits yesterday as motorists continue to feel the pain at the petrol pumps.
IT SEEMS that one of Scotland's best-known bucket-based philosophers is backing the country's beleaguered fishing fleets.
Subsea 7 said yesterday it expected over time to recruit about additional 100 workers following a new contract win in Africa, with about one-third of them to be located at Westhill, near Aberdeen.