Ukraine's national oil and gas company Naftogaz Ukrainy has chosen Keppel Offshore & Marine to build two semi-submersible drilling rigs for Black Sea service at a contract price of around $1.4billion for the pair.
International oil and gas industry skills and safety body Opito said yesterday it had signed a landmark agreement with Malaysia's national oil company.
Aberdeen oil and gas companies Dana Petroleum and Faroe Petroleum announced success in drilling the Tornado prospect west of Shetland, where they have found gas and oil.