Scottish oil explorer Cairn Energy said yesterday a more cautious approach from Greenland’s new government to the award of permits had no impact on preparations for its 2014 drilling programme.
There has been a "step change" in the relationship between the oil and gas industry and government, Scottish Secretary Michael Moore said yesterday.
Confidence among oil and gas firms in the North Sea jumped to the highest level since 2009 after a boost from the Budget, it will be revealed today.
Aberdeen-based oil and gas service firm Zilift said yesterday it had appointed its first chairman.
A major oil find in the Arctic by Norway's Statoil could contain 350million barrels more than previously thought, it was reported yesterday.
A major oil find in the Arctic made by Norway's Statoil could contain 350million barrels more than previously thought, it was reported today.
Last year was a record year for the Norwegian Continental Shelf (NCS) and the boom is set to continue for another five years.