The boss of Premier Oil has said he is "delighted" with a commercial discovery at the firm's Tolmount East well in the Southern North Sea.
Rig operator Valaris has announced a number of global contracts and contract extensions totaling almost £200 million.
The firm behind a marine powered buoy tested in the North Sea has announced a £1.5m million contract to supply the technology in Chile.
The shortlist for this year’s prestigious Oil & Gas UK Awards has been revealed today.
The North Sea remains an “active market” and a basin to “keep an eye on” for future acquisitions, said the boss of Cairn Energy yesterday after his firm shot to profit.
An oil firm director has said that the supply chain is still too big in places and may have to “shrink” to become more efficient and robust.
Oil and gas companies are the UK’s “best hope” of hitting its net-zero emissions target for 2050, industry bosses said today.
Trade body Oil and Gas UK (OGUK) has published a list of 10 “principles” aimed at helping a "fragile" supply chain whose margins have been squeezed tight by customers in recent years.
Premier Oil’s boss said yesterday that the company had lots to get on with in the North Sea without feeling the need to “chase acquisitions”.
Record production levels helped Premier Oil put another dent in its debt pile in the first half of 2019.
A new tool has been launched which will help companies produce millions of extra barrels of oil through their North Sea operations.
Demand for studies from North Sea operators was not enough to stop profits plunging at UK infrastructure firm Costain in the first half.
Premier Oil has started drilling an appraisal well at its Tolmount East discovery in the Southern North Sea.
UK-headquartered Premier Oil said today that drilling of the Tolmount East appraisal well would start "imminently" in the southern North Sea.
Premier Oil said today that the resource estimate for the Zama field offshore Mexico had been raised "significantly" following the drilling of appraisal wells.
Independent Oil and Gas (IOG) has appointed Neil Hawkings as an independent non-executive director.
Scottish oil firm Cairn Energy has said it has lived up to its production guidance for the first part of 2019 and hailed the performance of the North Sea Catcher field.
Another “shareholder spring” is gathering momentum after North Sea operator Premier Oil became the latest company to face the wrath of investors over its pay awards for top bosses.
UK-headquartered Premier Oil said today that its debt pile was shrinking faster than expected.
The Health and Safety Executive (HSE) has handed Premier Oil an improvement notice on the Balmoral platform.
Israel-headquartered firm Delek Group today confirmed it had tabled an offer for a package of central North Sea assets owned by US oil major Chevron.
Premier Oil was warned by regulators after issues with the Balmoral platform's flare created a safety risk.
Oil major Premier Oil has announced a further well test success at its Zama discovery off the coast of Mexico.
Helicopter operator NHV has continued its rapid rise by clinching a new contract to provide flights to Premier Oil’s North Sea assets, departing from its Aberdeen base.
UK-based Premier Oil has completed the sale of its Pakistan business. Premier has divested Premier Oil Pakistan Holdings to Al-Haj Energy for £50 million. It follows the receipt of necessary approvals and finalisation of working capital adjustments.