Lundin given North Sea drilling permit
Lundin Norway is to start drilling an exploration well in the Norwegian North Sea after gaining consent from Norway's Petroleum Safety Authority.
Lundin Norway is to start drilling an exploration well in the Norwegian North Sea after gaining consent from Norway's Petroleum Safety Authority.
Scottish oil workers had to evacuate a drilling rig off the Falkland Islands after part of it started to sink during a power cut.
Power has been restored to the drilling rig being used by Rockhopper Exploration in the Falklands after an outage resulted in staff being evacuated.
Ithaca Energy said today work on its £180million Athena project was on track for first oil by the end of the year.
Updates yesterday from oil firms Cairn Energy and Desire Petroleum boosted Arctic exploration hopes but delivered a fresh blow to prospects for the North Falkland Basin.
The Athena field in the Outer Moray Firth is on target to come on stream at the end of the third quarter of next year.
ABERDEEN-BASED Northern Offshore UK has been awarded a multimillion-pound contract with Caspian Drilling Company (CDC).
Global Energy Group announced contracts yesterday for work on two rigs worth about £12million to the Highland economy.