Viaro Energy completes acquisition of North Sea assets from SSE
Viaro subsidiary RockRose Energy has completed its acquisition of interests in several producing assets in the UK North Sea from energy company SSE.
gas fields
Shetland braced for major influx of oil plant workers
Shetland is braced for a new invasion of oil workers as a 213-room floating hotel arrived at Lerwick.
Quake strikes in North Sea
An earthquake measuring 3.1 magnitude was recorded in the North Sea yesterday – in an area where a platform was abandoned after a major gas leak.
New platform will help unlock North Sea fields
Work on a new platform which will help to unlock a series of UK North Sea gas fields could start this year, it was revealed yesterday.
Oilfield trading healthy, says deal advisor
North Sea trading in oil an gas fields is healthy and strong, according to a deal adviser.
Chevron gets go-ahead for Cambo well
Oil giant Chevron has been given the go-ahead to drill a deepwater exploration well west of Shetland.
Energy sector to streamline decom process
Industry bosses are to join forces to help boost the North Sea's looming £36billion decommissioning market, it will be announced today.
Oil giant agrees £3.5bn sale of assets in US gulf
Oil giant BP has agreed to sell assets in the US Gulf of Mexico to an American firm for £3.5billion.
Osborne’s helping hand
George Osborne has stepped in to ease the tax burden on ageing UK oil and gas fields - a move which could unlock £2billion of new investment.
Osborne unveils brown field tax break
Chancellor George Osborne has this morning unveiled a new oil and gas tax break it is hoped will boost spending in the North Sea and unlock £1.5billion of extra revenues to the UK treasury.
Parkmead completes deal for first production
Aberdeen oil and gas explorer Parkmead said yesterday it had completed a deal to buy stakes in some onshore oil and gas fields in the Netherlands.
Atlantic large fields ready to cash in
Big winners in the Budget were operators of oil and gas fields west of Shetland - but only if their areas were deep and big enough.
Iona raising cash for North Sea projects
North Sea focused Iona Energy said it was hoping to raise up to £131million through a share offering and bank lending.
Naming ‘not an easy task’
What do a Tudor rose, a buzzard, Spaniards, Basil, Polly and Manuel have in common? More than you might think.
Clean power generation package for EOR
MAERSK Oil has teamed up with Siemens of Germany to develop and build turbines for the Danish company's novel TriGen clean power generation technology, which could be used in association with enhanced oil or gas recovery.
Shale & Shale Alike
LAST month, a FTSE100 company announced plans to spend $4.5billion on developing its interests in various US gas fields. Nothing unusual in that you say; however, but the business in question is not an oil & gas company, but a miner.
Russians get stake in North Sea production
RUSSIA'S top gas producer, Gazprom, will start producing in the North Sea after an asset-swap with German company Wintershall.
RWE Dea announces first gas on two North Sea fields
GERMAN oil and gas firm RWE Dea said yesterday it planned to start production at two North Sea gas fields next year.
RWE Dea announces first gas on two North Sea fields
German oil and gas firm RWE Dea said yesterday it planned to start production at two North Sea gas fields next year.
Looking for a challenge? Try BP’s Ultimate Field Trip
BP describes it as the Ultimate Field Trip. The winning team of the 2011 contest will get the opportunity to experience and contribute to the real challenges facing this super-major today during a six to eight-week paid summer internship.
Lord provost presents company with Queen’s Award
ABERDEEN-BASED Balmoral Offshore Engineering (BOE) was presented with the Queen's Award for Enterprise by Aberdeen Lord Provost Peter Stephen on the company's stand yesterday.
Libya fertile territory for Scottish firms
Libya is fertile territory for Scottish energy service firms looking to grow their business overseas, according to economist Tony Mackay.
Dana increases acreage after Norwegian licensing round
Dana Petroleum announced an expansion of its Norwegian interests yesterday.
AGR Oz win
AGR Field Operations' Asia-Pacific unit has signed a three-year contract with Australian Worldwide Exploration (AWE) for operation and maintenance of its Perth Basin assets in Western Australia. Norwegian-owned AGR, which has a major Aberdeen presence, says the contract has provision for two successive two-year extensions.
Dana looking to continue progress in exploration and production
Dana Petroleum, the Aberdeen oil and gas operator, told shareholders yesterday at its annual meeting in the Granite City that 2008 had been another excellent year for the company.