Drilling on the Verbier discovery has delivered underwhelming results, but partners remain optimistic they can salvage the North Sea field.
Bosses at a revamped Highland port have hailed the “culmination of 10 years’ work” as they yesterday welcomed the arrival of the world’s largest semi-submersible drilling rig.
Total’s UK boss believes the west of Shetland basin has a big future as the oil giant limbers up for more drilling.
Danish conglomerate AP Moller-Maersk said today that it intends to list its drilling subsidiary separately on Nasdaq Copenhagen next year.
Higher fuel costs have driven up the cost of drilling a well in the Moray Firth by £1 million.
An offshore drilling ship has been drafted in to help the search for a toy boat currently on a 3,000 mile journey across the Atlantic Ocean.
An oil and gas industry veteran yesterday warned that 2017 would be another washout for North Sea drilling unless investment is secured quickly.
North Sea exploration drilling will remain in the doldrums unless more clarity on the size of remaining reserves is provided, an oil and gas analyst said.
Independent Oil and Gas (IOG) has drilled its North Sea Skipper field in the face of “operational challenges”.
The pace of drilling in the North Sea, the center of UK oil production for the past 40 years, has sunk to a record as crashing energy prices force explorers to abandon costly projects.
Published by Precarious Books Having worked in the madhouse that is the film and television world, author Dennis McKay, known as BD, sought sanity in the oil and gas industry, where he worked for 15 years offshore in the North Sea as a drilling fluids engineer.