Ithaca Energy was formed just nine years ago with a focus on the UK North Sea.
Ithaca Energy said yesterday that most of this year's £224million capital expenditure would go on the Greater Stella Area (GSA) development in the North Sea.
Serica Energy said yesterday that first production from the Columbus field in the central North Sea had been delayed until the first half of 2015.
Ithaca Energy suffered a slump in its share price yesterday after it reported production problems on the Athena field.
Statoil is reinforcing its ability to fully exploit mature Norwegian assets by commissioning a new class of jack-up rig that will complement a new family of semi-submersibles now being built for similar work, but in shallower water.
Anadarko's first flow-test offshore Mozambique, a test of its Barquentine-2 well was highly successful, despite equipment-related restrictions aboard the drillship Deepwater Millennium.
Iona Energy has contracted Diamond Offshore Drilling's semi-submersible drilling rig Ocean Nomad to carry out the drilling of a production well in the UK North Sea Staffa field (being renamed Kells) on block 3/8d.
Five mobile units are currently on active E&A drilling duties; two exploration wells including a sidetrack and three appraisal wells also including a sidetrack.
So the Treasury has screwed up big-time over its North Sea tax grab; or at least that's how it seems.
Oil and gas firm Endeavour International said today it remained focused on first production on two key North Sea assets.
OIL and gas explorer and producer Endeavour International said it had made substantive progress on its North Sea development projects in addition to growing its position in unconventional gas in the US.
Hess Corp has approved phase three of the development of the Danish North Sea South Arne field.
Brinker Technology will shortly be on the move across Aberdeen from Bridge of Don to new headquarters at Altens.
ABERDEEN-BASED oil and gas operator Dana Petroleum said yesterday that gas production had begun at the Babbage field in block 48/2a in the UK southern North Sea.
PETROFAC, the international oil and gas facilities service provider, said yesterday it had already sold two tanker cargoes of oil totalling just above 1million barrels from the West Don and Don Southwest fields north-east of Shetland.
Petrofac, the international oil and gas facility service provider, said yesterday it had made a good start to 2009 and was confident the year would be another one of strong growth.
Petrobras is totally reshaping Brazil's offshore petroleum industry with a string of spectacular pre-salt (sub-salt) oil discoveries which have, in less than two years, catapulted South America's leading producer up the international hydrocarbon reserves league table.