At the end of September there were three active exploration wells and four appraisal wells being drilled in the UK, according to Westwood Global Energy. Two E&A wells were spudded and three were completed during September.
The North Sea’s largest-producing oil field has been shut down after a defect was found during an inspection.
Preparations for the East African Crude Oil Pipeline (EACOP) have ground to a halt in Uganda following the termination of Tullow Oil’s farm-out talks.
The UK upstream oil and gas sector will be a hive of activity over the coming years, two global energy consultancies have said.
A $900 million (£740m) deal, under which Tullow Oil was to sell a major stake in its Ugandan projects to Total and CNOOC, has been scrapped as a result of wranglings with the government.
Babcock Offshore said today that it had won two new contracts for helicopter crew change operations out of its Aberdeen base.
Total has started drilling an appraisal well at its Glendronach discovery in the West of Shetland.
The finalists have been revealed for an awards ceremony celebrating companies and people who have made an outstanding contribution to offshore health and safety.
A sizeable stake in one of the UK North Sea’s largest gas discoveries in years will come on the market once a major acquisition goes through later this year.
Energean’s £600 million acquisition of Italian firm Edison E&P has handed the company stakes in a number of UK North Sea assets, including a major discovery.
A recovering oil price drove a boost to profits for Cnooc’s operations in the UK and Ireland in 2018.
A top boss at Maersk Drilling estimates the North Sea industry could save around $1 billion a year if it makes further in-roads on collaboration.
Production has been restored at three North Sea platforms which were shut down due to pipeline repairs.
Aberdeen-based drilling contractor KCA Deutag has reported a dip in earnings amid heavy competition in the land drilling and offshore markets.
Drilling and engineering contractor KCA Deutag has been handed an extension to its contract with CNOOC Petroleum Europe in the UK North Sea.
China’s oil giants aim to spend the most in five years in pursuit of higher energy output. But unlike global rivals investing in top-tier assets, the state-owned producers are trying to boost supply from fields that are either old and high-cost or new and challenging.
World-class discoveries made in the UK North Sea in recent months have “turned heads” of investors, according to the chief executive of Chrysaor.
Chinese, French and Italian energy firms are celebrating the biggest gas find in the UK North Sea in more than a decade.
Chinese oil company Cnooc today announced a new discovery in the UK central North Sea.
Chinese energy firm Cnooc's discovery at Glengorm is the largest gas find in the UK since Culzean in 2008, an analyst has said.
China signaled its openness for business with a raft of deals that’ll give oil majors including Royal Dutch Shell Plc new opportunities to develop fields in partnership with the nation’s biggest offshore explorer.
Norwegian oil services firm Aker Solutions has announced a mammoth subsea deal with China National Offshore Oil Corporation (Cnooc).
Total and Chinese oil firm CNOOC have further strengthened their cooperation in the liquefied natural gas business.
Norwegian energy service company Aker Solutions will supply a subsea production system for Petrobras' Mero 1 project off Brazil's coast.
The largest producer of offshore oil and gas in China has become the country’s first organisation certified to train workers to Opito safety standards.