Oil and gas operator Apache North Sea has started production at a new field after investing nearly £40million in the project.
Bond Offshore Helicopters has won a multimillion-pound deal with EnQuest to support the oil firm’s North Sea operations.
Oil and gas operator Apache North Sea said yesterday it would invest nearly £39million to develop a new project close to its giant Forties field.
Japanese oil and gas firm JX Nippon said yesterday it would be in the North Sea for decades to come after agreeing to buy stakes in a string of UK assets.
Norwegian energy giant Statoil said yesterday a huge North Sea oil field could be boosted by another prospect nearby.
Aberdeen heavy oil explorer Xcite Energy posted yesterday losses of £300,000 in the six months to the end of June, the same as in the same period last year.
The China National Offshore Oil Corporation (CNOOC) was founded three decades ago and is one of three major state-controlled oil companies in China.
Oil explorer Xcite Energy said yesterday it remained highly committed to successful commercial development of the Bentley field, one of the largest undeveloped finds in the UK North Sea.
Scandinavian oil giant Statoil has said its Aldous Major South appraisal well in the Norwegian North Sea has found oil.