Heavy-oil explorer Xcite Energy yesterday said it had found 65% more oil than previously expected at its Bentley field, east of Shetland.
North-east engineering consultant Oilgen has completed a contract to predict oil recovery in a west African oil field.
North Sea-focused oil and gas firm EnQuest today announced yet more acquisitions but said production fell in the first quarter pf 2012.
Premier Oil said yesterday it had signed a deal with new company EnCounter Oil to seek fresh exploration opportunities in the UK North Sea.
North Sea explorer Valiant Petroleum said today it more than doubled profits last year.
Higher oil prices helped push up third-quarter profits at US-operator Apache.
OIL from Shell's Gannet Alpha spill is unlikely to reach the Scottish coast - but environmentalists still fear its impact.
ITHACA Energy said yesterday it planned to drill a second production well on the Jacky field in the UK North Sea in the first quarter of next year to access additional reserves.
The Athena field in the Outer Moray Firth is on target to come on stream at the end of the third quarter of next year.
Premier Oil is planning to increase its Aberdeen workforce as the firm expands its UK North Sea operations, its chief executive told the Press and Journal at the Offshore Northern Seas oil show in Norway yesterday.
Korea National Oil Corporation (KNOC) remained in talks with Dana Petroleum on a takeover that could potentially be worth £1.3billion-plus, a KNOC source said yesterday.
THE UK arm of the Abu Dhabi national energy company TAQA Bratani is bringing all its onshore operations together at its headquarters site near Aberdeen.