Scottish firm Cairn Energy is set to start drilling work on a North Sea prospect next month.
The UK North Sea’s maturity is a double-edged sword when it comes to exploration, an analyst has said.
Scottish oil firm Cairn Energy has booked Stena Drilling for a UK North Sea exploration well later this year.
Scottish oil firm Cairn Energy said today that its first operated exploration well in the UK North Sea had come up dry.
An Aberdeen oilfield service firm has invested more than £250,000 in its Houston facility to support the manufacturing of a new product.