Heritage Oil revenues jump on back of Nigerian operations
Upstream exploration company Heritage Oil reported "great progress" in the third quarter with revenues up more than 2000% on the same period last year.
Upstream exploration company Heritage Oil reported "great progress" in the third quarter with revenues up more than 2000% on the same period last year.
Oil exploration firms are celebrating today after drilling on a find off Nigeria was found to be 'significantly ahead' of previous estimates.
Spanish oil giant Cepsa is to buy Canadian exploration firm Coastal Energy in a £1.4billion deal as it looks to expand its Far East operations.
Dana Petroleum is proving to be a lucrative asset for its Far East owner and helping South Korea to become more self-sufficient in terms of energy, one of the Aberdeen oil firm’s management said yesterday.
A major conference on oil and gas in Iraq has been postponed until next year in the wake of the violent scenes at the Rumaila oilfield last week.
Exclusive: Sir Ian Wood will today kick-start funding for a new £8 million Aberdeen-based oil and gas institute with a £500,000 donation to Robert Gordon University.
Oil services firm Baker Hughes said its force majeure remains in place in Iraq after the religious violence in the country last week.
Anti-fracking protesters have met council bosses for talks after they pitched up tents outside their offices following a High Court case.
Canadian oil and gas firm Edge Resources today reported an "excellent" record third quarter performance despite a net loss of £147 million for the first nine months of the year.
Opportunities for oil and gas supply chain companies in the decommissioning sector will be the focus of Aberdeen’s next Lunch and Learn afternoon.
Global engineering group Kentz says it expects to deliver double digits earnings growth this year after bulling in a record orders backlog.
UK-based oil and gas explorers Fastnet says it is closing in on a partner for its Foum Assaka find off Morocco.
Subsea 7 saw its latest quarter results boosted by its operations in the North Sea, but warned rising costs in the region could impact on new projects next year.
Energy services group Petrofac has warned it expects growth to flatten in 2014, despite closing in on its highest-ever order backlog.
Statoil is to continue monitoring weather conditions after being forced to evacuate staff from a platform over storm fears at the weekend.
Maintenance work across a host of Norwegian fields saw the country's oil production fall nine per cent short of predictions, new figures have revealed.
Aberdeen-based EnQuest is set to pump more than £4 billion into its Kraken oil field development, east of the Shetlands.
More than 700 people have been evacuated from a US town after drillers punctured a gas pipeline and triggered an explosion.
Struggling North Sea oil firm Antrim says it may be forced to sell off its stake in the Causeway field as it continues to face financial problems.
The boss of Aberdeen-based Parkmead Group has hailed "excellent progress" despite a £400,000 increase in pre-tax losses.
Three leading North Sea industry figures will discuss ways to maximise economic recovery from the UK Continental Shelf at the next Aberdeen breakfast briefing.
One of the North Sea's oldest platforms is to receive a new lease of life after plans were announced to extend production for another seven years.
Technip are to provide diving services for the new Edvard Grieg pipeline after landing a major subsea deal with North Sea operator Statoil.
Profits at Aberdeen-based Hydro Group have jumped by 136%.
Exclusive: Legendary American bank Wells Fargo – which was set up for gold rush pioneers in the 1800s – is moving to Aberdeen to cash in on North Sea oil.