Exxon Mobil said yesterday it was starting work on the £2.6billion ($4billion) Julia development project in partnership with Norway's Statoil.
Yokogawa has announced the opening of new North Sea headquarters at Westhill, near Aberdeen, to support its growing offshore oil and gas business.
Total has reached a farm-in agreement with Marathon Oil to acquire interest in two of its blocks in the Kurdistan Region of northern Iraq. The French group was immediately blacked by the central Iraqi government for having done so, thus joining Exxon and Chevron on the banned list. This is because Baghdad claims such deals are illegal, while the Kurds insist that they are legal.
The Hartlepool unit of Tata Steel has been awarded an eight-figure US dollar contract to supply pipe for Enterprise Products Partners new oil export pipeline in the Gulf of Mexico's Keathley Canyon area.
Premier Oil said yesterday it was to take a 50% stake in a block in the UK central North Sea containing two prospects.