Xcite Energy said yesterday that its northern North Sea Bentley field was now substantially derisked and development ready.
field development plan
Pupils from 26 schools across Aberdeen city and Shire have had their maths skills put to the test in the 2012 TechFest-SetPoint programme.
An exploration well on the central North Sea Cyclone prospect is being plugged and abandoned after coming up dry.
Heavy oil explorer Xcite Energy said yesterday that 2013 was shaping up to be an important year as it looks to find a partner for its northern North Sea Bentley field.
And they're off. Secondary school pupils from Aberdeen City and Shire have started out on a four-month project which will see them link up their school education with the practical challenges of the oil and gas industry.
Dana Petroleum is on track to achieve board sanction for its £1billion ($1.6billion) North Sea Western Isles development this month and anticipated Government approval of the field development plan before the end of the year.
This month sees Aberdeen host DMG's World Heavy Oil Congress . . . a major coup for Europe's energy capital.
Independent oil and gas firm EnQuest said yesterday it was on the lookout for an Aberdeen city-centre site for a new north-east headquarters.
UK-listed oil firm Premier Oil is to become a key Falklands oil and gas player after announcing a £643million deal with Rockhopper Exploration.
Iona Energy said today it had agreed a deal worth about £50million to increase its stake in the northern North Sea Orlando field to 100%.
Aberdeen-based oil explorer Deo Petroleum yesterday upped estimates of oil in its North Sea Perth field, but said development was being hampered by lack of offshore equipment.
North Sea-focused oil and gas firm EnQuest today announced yet more acquisitions but said production fell in the first quarter pf 2012.
Believe the numbers and Europe possesses around 1,780trillion cu.ft of "unconventional" gas of which 145TCF may be recoverable, according to Centrica.
Norwegian exploration firm Agora Oil and Gas said today it would be taking part in nine wells on the UK and Norwegian continental shelves in 2012.
Oil explorer Xcite Energy said yesterday it planned to start production at the Bentley field in the North Sea within five months.
Premier Oil said today it was on course to grow production by around 50% during 2012, in line with its previous target, and would focus more on existing assets than new acquisitions this year.
North Sea oil firm Hurricane Exploration is on the hunt for £100million of extra funding as it looks to move towards its first development west of Shetland.
Independent oil and gas firm EnQuest today announced a near-£60million deal which will give it a 20% stake in the UK North Sea Kraken discovery.
Aberdeen oil firm DEO Petroleum has increased its stake in the North Sea Perth field by 10% after Maersk Oil withdrew from the project.
Oil firm Xcite said today it was "making good progress" towards gaining approval of its plans to develop the UK North Sea Bentley field.
Operational issues on one of Ithaca Energy's Jacky field wells contributed to a drop in sales in the third quarter but the North Sea firm has predicted higher production on its Stella field.
Aberdeen-based oil explorer Xcite Energy today said it was to use £2.5million from an investment facility to help it towards first oil on the Bentley field.
Bridge Energy has been given the go-ahead for its Victoria Phase 2 subsea gas development in the southern North Sea.
STUDENTS from eight schools across the north-east got their teeth into the maths of the oil and gas industry at the first of four TechFest-SetPoint's Maths in the Pipeline workshops this term.