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.
Production at the UK's largest oil field has been halted after smoke was seen on an installation at the weekend.
Aberdeen explorer Xcite Energy was waiting for a weather window yesterday after the rig due to drill on its Bentley oil field was diverted to waters off Macduff and Banff. The unusual visitor arrived over the weekend after weather in the North Sea meant it could not get out to the heavy-oil field. The Rowan Norway had left Dundee, where it underwent modifications, last Thursday. Bentley, where the rig is due to drill an extended well test, is 100 miles east of Shetland.
North Sea focused Iona Energy said it was hoping to raise up to £131million through a share offering and bank lending.
UK-listed oil firm Tullow said today it hoped production from its Jubilee oil field off Ghana would reach 120,000 barrels per day by "early next year".
UK-based oil and gas firm Premier Oil said yesterday it would be refocusing on the North Sea after launching two new developments in Asia.
BRITISH oil explorer Ithaca Energy agreed a plan to develop a key North Sea oil field, in a move which will double its yearly production by 2013.
Edinburgh-based oil and gas exploration group Bowleven announced today it could raise £76million on the stock market to help it carry on exploring and assessing its Sapale oil field offshore Cameroon.
ITHACA Energy said yesterday a slump in production which helped to halve sales was disappointing, but had not set the firm back.
TALISMAN Energy could start production drilling on its Godwin oil field in the second quarter of next year.
LAST month, BP launched a West of Shetland project of huge strategic importance to the UK economy.
Oil and gas operator EnQuest raised its full-year production guidance yesterday after completing two wells ahead of schedule and boosting oil flow from another.
Nexen said yesterday the Buzzard oil field in the UK North Sea had reduced output to 30,000-50,000 barrels of oil equivalent per day (boepd) because of a technical problem.
Faroe Petroleum, of Aberdeen, said yesterday that drilling had begun on the Fogelberg prospect in Norwegian waters.
TULLOW Oil said yesterday that appraisal drilling on the giant Jubilee oil field offshore Ghana had confirmed a southern extension of the field and encountered three reservoir zones.
Dana Petroleum, the Aberdeen-based oil and gas operator with interests in the North Sea, Egypt and Morocco, yesterday brushed aside a slump in profits in the first half of 2009.
ANTRIM Energy, the Canadian oil and gas operator which focuses on the UK North Sea and Argentina, reported yesterday that it was continuing to progress its two major projects in the North Sea.
Oil and gas operator and explorer Nexen saw its second-quarter profits tumble as crude oil and gas prices plunged from the record levels of last July.
EXXONMOBIL said yesterday it had achieved solid first-quarter 2009 results despite the slowdown in the global marketplace and sharply lower commodity prices.
North Sea-focused oil and gas company Ithaca Energy said yesterday it had begun production at the Jacky field and restarted its Beatrice Bravo platform, with initial output from both in line with estimates.
FAROE Petroleum, the Aberdeen-headquartered oil and gas company, reported mixed results yesterday from a well drilled on the Hyme prospect in Norwegian waters.
IRISH oil and gas operator Providence Resources said yesterday it had achieved better-than-expected results from a development well on its onshore Singleton oil field near Chichester in West Sussex.
Xcite Energy, the heavy oil and UK North Sea-focused company, said yesterday it was planning for the next phase in development of the Bentley oil field in block 9/3b south-east of Shetland.
International oil and gas facilities service provider Petrofac said yesterday it had won a £1.68billion contract in the Middle East.
When energy company Petro-Canada made its North Sea debut by acquiring the assets of Veba Oil and Gas in 2002, the UK North Sea was just getting to grips with a new era.