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.
Plexus Holdings, of Aberdeen, today announced a deal with offshore drilling contractor Vantage Drilling Company.
Hopes are rising that the Tornado oil and gas discovery west of Shetland is large enough to be brought into production.
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.