The North Sea was given another jobs boost yesterday as Norwegian energy giant Statoil said it wanted to employ 1,000 people out of Aberdeen within four years.
heavy oil field
The UK Government gave Norwegian energy giant Statoil the go-ahead yesterday for one of the biggest projects in the North Sea.
UK North Sea oil and gas company EnQuest is to broaden its operations outside the UK, it announced today.
Heavy oil explorer Xcite Energy announced a string of changes to its senior management today, including the departure of its chief executive.
Energy service giant Halliburton has recorded a 22% increase in revenue, thanks to high drilling activity around the world.
Aberdeen explorer Xcite Energy was waiting for a weather window yesterday after the rig due to drill on its Bentley oil field was diverted to waters off Macduff and Banff. The unusual visitor arrived over the weekend after weather in the North Sea meant it could not get out to the heavy-oil field. The Rowan Norway had left Dundee, where it underwent modifications, last Thursday. Bentley, where the rig is due to drill an extended well test, is 100 miles east of Shetland.
Independent oil and gas firm EnQuest is to take over control of the North Sea Kraken discovery after agreeing to up its stake to 45%.
Oil firm Xcite said today it was "making good progress" towards gaining approval of its plans to develop the UK North Sea Bentley field.
Shares in Xcite Energy jumped for the second day in a row yesterday as anticipation grows about the potential of its Bentley heavy-oil field, about 100 miles east of Shetland.
THE boss of international engineering and project-management company AMEC said yesterday that North America offered very good potential for growth.
Aberdeen is to get a jobs boost from international engineering and project management company AMEC.