Energy service firm Petrofac said yesterday it and Schlumberger had been declared "selected bidder" for work on a major project in Mexico.
The US and its neighbour Mexico have agreed to work together to hunt for and exploit oil and gas resources thought to exist beneath boundary waters in the Gulf of Mexico.
UK Energy Secretary Chris Huhne and Norwegian energy minister Ola Borten Moe have signed an agreement to cooperate further on renewables, oil and gas and carbon capture and storage.
IT'S been a fascinating story so far, hasn't it?
BRAZIL'S semi-state operator, Petrobras, has decided to join the hunt for oil and gas resources offshore Tanzania, starting next month .
Recent oil finds in the Lake Albert region could soon turn Uganda into a mid-sized oil-producing country. Estimates suggest it may be the largest onshore oilfields complex discovered in sub-Saharan Africa for the past two decades.
Faroe Petroleum, the Aberdeen-based oil and gas company, said yesterday it had pre-qualified as an operator for the Greenland 2010 Baffin Bay licensing round.
The chairman of the 2009 Offshore Europe conference is promising an exciting programme with heavy emphasis on strategic issues, especially climate change and Big Oil, globalisation of the talent pool, operating models and breakthrough technologies.
An energy industry leader has stressed there are more than enough oil and gas resources in the world to meet future demand.
Vast petroleum reserves lie north of the Arctic Circle, according to the US Geological Survey - more than 400billion barrels oil equivalent of potentially recoverable oil, natural gas and liquids. And most of it seems to lie offshore.