Shell has received a drilling permit for wellbore 6603/5-1 S, Norwegian Petroleum Directorate informs.

A government official has cautioned that it could months or years before an oil discovery off the Falkland Islands is ready to be exploited.

Petroleum Safety Authority Norway has given Statoil a green light to use the new pipeline to Åsgard B.

Outlining key contract opportunities in Russia, a Dublin-based research group says its latest report on the sector underlines just how many opportunities exist there.

There are signs of a larger deepwater market opportunity developing offshore India with a fourth gas discovery reported by London-listed Hardy Oil and Gas.

Germany's Bayerngas has signalled plans to start developing the Clipper South field through a UK subsidiary after an equity deal.

Norwegian Petroleum Directorate declares disappointing appraisal results from Gro.

Premier Oil packed in a series of offshore project updates in its results presentation detailing how far forward some of them have progressed.

Investment estimates for the Ekofisk field are growing sharply with a suggestion that they could top NKr 125 Bn in the next five years.

Planning for Chevron Upstream Europe's Rosebank and Lochnagar fields in the hostile west of Shetlands region is still going through the concept evaluation process and it will be some while yet before contractors can expect major work from the project.

Wood Group's JP Kenny has bagged a deal to provide Front End Engineering and Design work on BG Group's Norwegian Jordbaer development.

Planning for Chevron Upstream Europe's Rosebank and Lochnagar fields in the hostile west of Shetlands region is still going through the concept evaluation process and it will be some while yet before contractor can expect major work from the project.

British-based Tullow Oil says it now has 1 Billion barrels of oil to tap in Uganda after further exploration success.

Sweden's Lundin Petroleum is planning to pump billions of Kroner into Norwegian offshore projects in the next four years.

London-listed Xcite Energy is aiming to raise more cash to finance a test on the UK Bentley heavy oil field.

Several different concepts are in the running for the development of the Luno field offshore Norway operator Lundin Petroleum has revealed.

Aberdeen-headquartered Xodus Group has landed a new deal to carry out Front End Engineering and Design for the UK Huntington oil field development.

North Sea player ATP Oil and Gas is due to provide an update on two of its UK projects later this week when it presents at a US energy industry conference.

Norwegian Energy Company has acquired ten per cent interest at the Dalsnuten prospect, which will be drilled this autumn.

North Sea heavy oil developer Xcite Energy said today it has improved the 9/3b-R well programme for Bentley.

Det norske has sold 20 per cent in Clapton to Faroe Petroleum.

Fabricom Offshore Services has secured a FEED contract for Claymore compression upgrade (CCU) project.

London-listed Mediterranean Oil and Gas says it hopes exemptions will allow it to continue development of its Italian shallow-water Ombrina Mare asset despite a decree banning offshore exploration and production there.

Antrim Energy has confirmed plan to submit a field development plan for the UK Causeway field later this year with a target for first oil in 2011.

Antrim energy has signalled that it is still pursuing a twin track approach to tap the UK Fyne field with either an FPSO or as a subsea tieback.

Parters in the Angolan deepwater CLOV projects have given the development a green light to proceed.

New North Sea gas is flowing after operator E.ON Ruhrgas commenced production from its UK Babbage field.

Juliet GDF Suez aims to tap its UK North Sea Juliet gas field discovery with a tieback to the BP Amethyst platform.