South American focused Amerisur Resources has begun drilling on well Platanillo 8 on Pad 5 in the Platanillo field in the Putumayo basin of Colombia.
Oil and gas explorer Cairn Energy has said it is looking to up to £1.25billion on new developments in the North Sea over the next five years and restart exploration offshore Greenland next year.
Oil giant Chevron has been given the go-ahead to drill a deepwater exploration well west of Shetland.
Independent explorer Falkland Oil and Gas got a boost to its share price yesterday after announcing it had made a gas discovery off the remote south Atlantic islands.
Petrobras has begun drilling operations using the Ocean Rig Poseidon drillship on the Nimrod Prospect offshore Namibia in the Orange Basin, southern block 2714A.
Tails are high at AGR; two-and-a-half years into mastering and running almost the entire current Falkland Islands drilling campaign, plus overseeing one of the longest supply chains in the history of offshore oil and gas, the company is on the home straight, for now at least.
Utterly crucial to the success of the current Falklands campaign is the supply chain. At more than 8,000 miles from Aberdeen to Port Stanley it presents a huge challenge, yet it is one that has been successfully overcome.
Last year was a record year for the Norwegian Continental Shelf (NCS) and the boom is set to continue for another five years.
il and gas explorer Trapoil said today it had sold out of the Premier-operated Lacewing asset for £1million and gave an update on its eight well 2012 drilling programme.
Aberdeen-headquartered oil and gas firm Ithaca Energy said today it had signed an agreement with Ensco Offshore for its development well drilling campaign on the North Sea Stella and Harrier fields.
Rockhopper Exploration said yesterday it had raised £48.5million before expenses in a share placing.
British explorer Desire Petroleum said yesterday it looked forward to resuming drilling off the Falklands in the third quarter.
They may be situated around 8,000 miles away from the Square Mile, but the Falkland Islands are generating a fair bit of excitement in the City of London as the start of a drilling campaign nears.
THE imminent signing of a contract for a drilling campaign off the Falkland Islands was hailed last night as a sign of Aberdeen's development as a future global energy hub.