Premier to miss target
Oil and gas firm Premier Oil said yesterday first output on two North Sea projects had slipped, delaying a production target.
Oil and gas firm Premier Oil said yesterday first output on two North Sea projects had slipped, delaying a production target.
ABB has won orders worth some $80million to supply power technologies and medium-voltage drive systems for the new Ichthys liquefied natural gas (LNG) project's processing plant near Darwin, Australia.
Oil and gas explorer Iona Energy said yesterday it was in discussions with potential partners to help develop its North Sea Orlando and Kells developments.
The Highlands and islands could become a new hub for energy jobs and projects if firms in the area seize opportunities at home and abroad, according to an industry leader.
ITALIAN state company Eni has made what the company describes as a giant natural gas discovery on the Mamba South-1 prospect in Area 4 offshore Mozambique.
Exploration and drilling activity on the UK Continental Shelf was generally dismal in 2009, but there was one bright spot - West of Shetland, where eight wells were drilled.
Marathon Oil said yesterday it had agreed to sell its wholly owned subsidiary Marathon Oil Ireland to Star Energy, which is owned by Malaysian national oil company Petronas, for about £118million.