Profits boost for Apache after US production rise
North Sea operator Apache yesterday reported a £150million increase in pre-tax profits for the first nine months of the year.
North Sea operator Apache yesterday reported a £150million increase in pre-tax profits for the first nine months of the year.
Norwegian oil giant Statoil says it will scale back its North Sea drilling programme next year as it looks to push into Arctic exploration.
Oil and gas companies believe the North Sea still provides a wealth of investment opportunities, the Pilot Share Fair has revealed.
Canadian and Chinese oil joint venture company Talisman Sinopec is set to invest about £4.3billion in the North Sea over the next three years.
African-focused explorer Lekoil has missed a deadline for its bid to acquire the Aje field in Nigeria.
Oil and gas firm Tullow is to resume its operations in Kenya after talks with the country's government to prevent further violent protests.
A former senior energy industry advisor to the Israeli government is to deliver the keynote speech at an conference in Aberdeen next week.
Canadian oil firm Nexen is no longer cash constrained following its £9.4billion takeover by Chinese state oil firm China National Offshore Oil Corporation (CNOOC) earlier this year.
North Sea operator Lundin has been given a major boost to its hopes for the giant Johan Sverdrup field after its latest well turned up a larger than expected oil column.
THOUSANDS of young people in the north could be trained to cash in on the massive jobs opportunities in the oil, gas and renewables industries.
A human rights group has accused Shell, Nigeria’s biggest petroleum producer, of wrongly reporting on the cause and volume of pollution devastating the Niger Delta and making false claims about clean-up measures.
The future of oil and gas activity in the North Sea remains promising, despite facing a complex set of challenges over the next few years, according to Shell's UK production manager.
British Gas owner Centrica is to spend £4.4billion buying gas from Qatar to shore up the UK's energy supply.
North-east energy service firms will get the chance to bid for work on Statoil's Mariner field development from later this year.
Canadian oil producer Talisman Energy saw third quarter losses narrow after increased output from its North Sea and Eagle Ford shale operations.
Kazakhstan-focused producer Max Petroleum has been boosted after three successful finds in its latest wells.
Statoil has kicked off production from its £344million Visund North gas field in the North Sea.
Lundin Petroleum has been forced to cut its production forecasts after admitting it will now not see first oil from the Brynhild North Sea field until the middle of next year.
Oil industry services group Aker Solutions saw its third quarter order backlog grow, despite a 27% drop in profits, as it prepares for a rush of North Sea orders.
Abu Dhabi-based energy firm Taqa posted a £25million third quarter profit after being boosted by the return to action of its North Sea assets.
Experts who claimed the HS2 railway project would damage the north-east economy have now admitted that a “question mark” hangs over their calculations because they failed to factor in oil and gas.
A new campaign aimed at improving North Sea helicopter safety is officially being launched in Aberdeen today.
Aberdeen-based global shipping and energy service firm Craig Group is today unveiling a £1.5million rise in profits.
Aberdeen firm Return to Scene (R2S), which analyses offshore installations and crime scenes, is to transport guests to offshore platforms, subsea environments and the virtual world of installations in the design phase from the comfort of their seats.
Aberdeen oil and gas engineering service business Plexus Holdings posted record annual profits and turnover yesterday.