Aberdeen’s role ‘central’ to developments in Falklands
Falklands exploration company Rockhopper said yesterday that Aberdeen would remain central to any future development in the south Atlantic oil and gas fields.
future development
Production starts from land-based oil project
Production has started from Scotland’s first oil development from land. Energy firm Trap Oil said oil from the Lybster project in Caithness started flowing on Wednesday and the first output was due to be delivered by lorry to a refinery in England yesterday.
BG Norge finds Norwegian oil
The Norwegian subsidiary of UK oil and gas firm BG Group has found oil in two wells in the northern Norwegian North Sea.
UK and Norwegian governments sign energy pact
UK Energy Secretary Chris Huhne and Norwegian energy minister Ola Borten Moe have signed an agreement to cooperate further on renewables, oil and gas and carbon capture and storage.
Aker Solutions expects growth to return to market
Aker Solutions reported lower revenue and top-line earnings yesterday for the third quarter of 2009 than a year earlier but said that they were both holding up well in a difficult economic climate.
R&D slowdown ‘could have devastating effect’ on industry
Subsea UK is warning oil and gas companies against the temptation to put investment in research and development on hold as the industry begins to feel the effects of oil-price falls and the credit crunch.