SCOTTISH oil and gas operator Cairn Energy said yesterday it had gained approval from the Greenland government to go ahead with the first two exploration wells of a four-well programme planned this summer.
New UK North Sea oil and gas operator EnQuest, formed in a spin-off of assets by British energy services group Petrofac and Sweden's Lundin Petroleum, is to get backing of £180million to pursue acquisitions.
BG Group has confirmed high productivity from well tests on the Tupi North-East field in the Santos Basin, offshore Brazil.
ITHACA Energy, the oil and gas operator focused on the UK North Sea, has reported a substantial increase in reserves.
Talisman Energy said yesterday it planned to increase capital spending this year by more than 10% on 2009 to £3.15billion.
SCOTTISH oil and gas operator Cairn Energy added to its interests in the North Atlantic yesterday by taking full control of exploration subsidiary Capricorn, which owns large oil blocks offshore Greenland.
Dana Petroleum said yesterday that after an agreement with Hyperdynamics in October to farm into the entire exploration licence offshore Guinea its initial evaluation of data was very encouraging.
MELROSE Resources, the Edinburgh-based oil and gas operator, said yesterday it had successfully drilled a well to appraise its Kaliakra gas discovery in Bulgaria.
ENDEAVOUR International, the Houston-based oil and gas operator with growing interests in the UK North Sea, said yesterday the second quarter of 2009 had been one of strategic significance for the company.
Ithaca Energy said yesterday that its production from the Jacky field was ramping up.
Oil and gas operator and explorer Nexen saw its second-quarter profits tumble as crude oil and gas prices plunged from the record levels of last July.
MELROSE Resources, the Edinburgh-based oil and gas operator, said yesterday it had made a gas discovery and achieved first production from two new field developments in Egypt.
Faroe Petroleum, the Aberdeen-based oil and gas operator, said yesterday that 2008 had been its busiest year yet.
VENTURE Production, the oil and gas operator which has its headquarters in Aberdeen, said yesterday that its production during the period January 1 to April 1 averaged 51,300 barrels of oil equivalent per day (boepd) - up 15% on the same period last year.
IRISH oil and gas operator Providence Resources said yesterday it had achieved better-than-expected results from a development well on its onshore Singleton oil field near Chichester in West Sussex.
MELROSE Resources, the Scottish oil and gas operator with interests in Egypt, Bulgaria, Romania, America, France and Turkey, said yesterday it was not immune to the global downturn.
MELROSE Resources said yesterday it had signed a farm-in agreement with Sterling Resources under which it would earn a 32.5% interest in two blocks in the Black Sea, offshore Romania.
The deadline for final bids for crashed oil and gas operator Oilexco North Sea (ONS) passed yesterday, with restructuring experts giving nothing away about the progress of the selloff.
Talisman Energy, the Canadian oil and gas operator which has significant interests in the UK North Sea and Norway, said yesterday that 2008 was a year of change for the company.
Administrators at oil and gas operator Oilexco North Sea (ONS) clarified their position yesterday on retention bonuses proposed for staff at ONS and its Canadian parent to keep them working throughout the administration process.
Canadian oil and gas operator Nexen announced an oil discovery yesterday in the Hobby exploration well, in block 20/1 in the outer Moray Firth.
Oilexco, the Canadian oil and gas operator whose UK subsidiary Oilexco North Sea (ONS) is in administration, has reported that the Toronto Stock Exchange has agreed to delay its delisting until Tuesday.
VENTURE Production, said yesterday it had successfully tested a well to appraise the Cygnus gas field, and that it believed the southern North Sea field would be a core asset for many years.
OIL and gas operator BG Group threw down the gauntlet to bid rivals yesterday with a £360million offer for Australian coal-seam gas producer Pure Energy.
CANADIAN oil and gas operator Oilexco, whose UK subsidiary Oilexco North Sea (ONS) is in administration, has obtained a court order for bankruptcy protection under Canadian law.