Faroe Petroleum said yesterday that drilling had started on the Rodriguez exploration well in the Norwegian Sea.
Norwegian energy giant Statoil said yesterday a huge North Sea oil field could be boosted by another prospect nearby.
Norway's Petroleum Safety Authority has found Maersk Drilling's Norwegian business unit to be deficient in risk management and emergency preparedness with regard to its jack-up rig Maersk Inspirer.
High levels of activity on the Norwegian and UK shelves has put a strain on the rig market but there is hope of it easing.
BP SAID yesterday it was forced to deal with another incident on the same North Sea oil platform that was shut down by a fire in July.
BP said yesterday fire damage on the Valhall platform in the North Sea was not as serious as first feared.
Drilling activity in British waters fell by 25% in the past quarter, according to figures released today.
Norway has reduced to 94 from 100 the number of blocks on offer in its 21st oil and gas licensing round, but has still included 12 deepwater blocks following the Gulf of Mexico oil spill, disappointing environmentalists.
THE UK sector is not the only part of the North West Europe Continental Shelf where Q1 drilling activity is behind the same period in 2009.
Faroe Petroleum said yesterday it had enjoyed an excellent year to date with significant exploration success in the Atlantic margin in the Glenlivet gas discovery, in which Faroe has a 10% stake.
GRENLAND Group of Norway has signed a $7.7million contract with a unit of China Offshore Services Limited (COSL) for project-related work on a semi-submersible rig under construction at the Yantai Raffles yard in China.
FAROE Petroleum, the Aberdeen-based oil and gas company, said yesterday it was planning to participate in three near-term wells in Norwegian waters, in each of which the company has a 10% interest.
An Aberdeen company providing marine technology services, Nautronix, yesterday announced another Norwegian deal.