BP will have a base at Aberdeen harbour for at least another decade after agreeing a £25million deal with the port authority.
floating production vessels
An arm of German utility E.ON is a step closer to its first oil from its Huntington field in the central North Sea.
Oil and gas activity in Norway is on a high and the trend is likely to continue until at least 2020, according to Norwegian private equity powerhouse Hitecvision.
BG Group said yesterday it had signed contracts worth £2.8billion to ramp up its operations at huge oil and gas fields offshore Brazil.
Norwegian floating production specialist Sevan Marine said today it had launched a bid to raise £15.6million on the country's stock market.
Projects worth £111billion are currently being proposed for development are or are under development in the UK and Norway North Sea, according to a report issued at Offshore Europe today.
NORTH-EAST oil service company flexlife has opened its first international base.
An Aberdeen oil service company said yesterday it had landed seven new contracts totalling £5.5million last month.