Aberdeen-headquartered KCA Deutag has won a $multi-million contract with Central European Petroleum of Berlin for drilling onshore EU, initially in northeast Germany.
2011 drilling campaign
MPs have launched an inquiry into what the UK Government can do to protect the Arctic from over-exploitation, as the retreating ice opens the region up for oil and gas drilling.
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.
Oil and gas explorer Cairn Energy said today it was still confident of success off Greenland despite its 2011 drilling campaign failing to make a commercial discovery.