Talisman North Sea production falls short
Oil and gas independent Talisman Energy said today its North Sea production fell short of expectations last year.
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Total set to be North Sea’s second largest producer
Total will become the second largest producer in the UK North Sea, overtaking Shell as it ramps up major projects over the next two years, its UK boss said yesterday.
Energy giant ‘on right path’
BP is on the right path, chief executive Bob Dudley said yesterday when he announced the global oil giant's annual results.
Aldous/Avaldsnes gets new name
Norway's giant Aldous/Avaldsnes discovery has been renamed Johan Sverdrup after the leader of a political movement in the country.
First oil from Van Ghent well
DANA Petroleum said last night first oil had been achieved on the Van Ghent well on the Dutch continental shelf yesterday.
Greenland seismic planned for 2012
A new 3D seismic survey offshore Greenland is poised to be carried out in 2012 as the hunt for hydrocarbons in the Arctic region continues.
Endeavour fuels growth with North Sea acquisition
il and gas firm Endeavour International said today a £200million-plus deal to buy a chunk of North Sea production would help it become one of the larger independents in the basin.
Active 2012 planned for Bridge Energy
Oil and gas firm Bridge Energy said today it was looking ahead to an active 2012 after buying a 50% stake in the Duart field from Nexen Petroleum Dragon UK.
Investment and divestment for Total’s North Sea portfolio
French oil giant Total has upped its stake in two major North Sea fields in a £505million deal, but said it was also looking at selling off some of its assets in the region.
Argyll to go into production – for the third time
Oil and gas firm EnQuest said today it had agreed to go ahead with a £546million project to jointly develop its central North Sea Alma and Galia fields.
Bridge says first gas on Victoria Phase 2 in 2012
Bridge Energy has been given the go-ahead for its Victoria Phase 2 subsea gas development in the southern North Sea.
Total posts year-on-year rise in profits
French energy giant Total said today its third-quarter results were "stable", compared with the previous three months despite a weaker environment.
Nexen’s Golden Eagle given permission to take off
Oil firm Nexen Petroleum UK has been given the green light for its £2billion development of the Golden Eagle field in the North Sea.
Valiant outlines rest of 2011 exploration
OIL and gas explorer Valiant Petroleum today gave an update on its 2011 exploration programme.
BP ‘wants to sustain North Sea business for long term’
The North Sea has the potential for a bright future, one of the bosses of oil giant BP will say today at the opening breakfast at Offshore Europe.
TAQA profits surge to £219m
Investment of more than £250million in the UK North Sea helped to boost production, Abu Dhabi's national energy company said yesterdayas it announced a 150% jump in profits.
Godwin ‘could start producing in 2012’
TALISMAN Energy could start production drilling on its Godwin oil field in the second quarter of next year.
CNR counts cost of extra North Sea tax
CANADIAN Natural Resources (CNR) has reiterated its reduced activities in the North Sea as a result of the UK Government's oil and gas tax grab.
US oil and gas group reveals record revenue
US OIL and gas explorer and producer Apache posted record second-quarter revenue yesterday as a result of high oil prices and record production, the firm said.
Nexen poised to go ahead with Golden Eagle development
Oil and gas operator Nexen said yesterday it was ready to proceed with the development of Golden Eagle in the UK North Sea.
TAQA profits rocket by 460% as North Sea operation grows
TAQA, the Middle Eastern energy company with growing operations in the UK North Sea, saw net profits rocket by 460% to £173.45million during 2010.
US oil group confirms North Sea sale
ConocoPhillips confirmed yesterday that it was now moving to dispose of some UK assets as part of £6billion-plus of worldwide sales.
EnQuest chief hails production growth
EnQuest said yesterday it remained on track for its 2010 production target of an average of 20,000 barrels of oil equivalent per day (boepd).
Premier playing down report of Korean interest
Premier Oil has played down a report that South Korea's state-backed oil firm KNOC had made a takeover approach.
AGR’s Aberdeen team secures Pakistan deal
The Aberdeen office of AGR Petroleum Services (AGR) said yesterday it had won an £875,000 contract to evaluate oil and gas reserves on behalf of Pakistan's national oil company.