Aberdeen’s oil and gas companies have formed a “winning partnership” with the UK Government to secure £51million in contracts from Brazil this year, a former chancellor said yesterday.
The Enochdhu field in the central North Sea is set to start production by the end of next year after operators ConocoPhillips UK and Chevron's develoment plan for the site the go-ahead.
Kazakhstan-focused exploration firm Max Petroleum says it has abandoned its latest appraisal well on Baichonas West after failing to find enough hydrocarbons.
The multi-million dollar battle over the controversial Keystone XL pipeline between Canada and the USA enters its sixth year this week - and with celebrity endorsements on both sides of the campaign, shows no sign of slowing down.
Governments should anticipate the industry’s reaction to political change to avoid negative investment, according to a leading energy industry professor.
Falklands-focused exploration firm Desire Petroleum says delays to the North Falkland exploration programme have hampered attempts to farm out its licences.
The partnership behind a revolutionary new technology aimed at resurrecting the uneconomic Fyne field plans says it is in talks over deploying the system elsewhere.
The Aberdeen section of the Society of Petroleum Engineers (SPE) will kick off its 2013-14 events programme with three senior members of Statoil discussing the development of the Mariner field.
Global conventional oil and gas reserves could amount to nearly 1.4trillion barrels worth - with more than a trillion of that still not subject to development plans.