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 North Sea explorer Sterling Resources is farming down equity in a UK discovery in an equity deal with EnQuest. [Read more ] • [Licensing]
 Two new deepwater pipelay vessels destined to operate in deepwater offshore Brazil will be powered by propulsions systems ordered from ABB. [Read more ] • Contracts
 Norway's pipeline operator Gassco has awarded a contract for decommissioning a compressor platform on the Norpipe gas system. [Read more ] • Pipelines
 Operator Eni has upped the potential gas resources offshore Mozambique with the results from the Coral 1 exploration well in Area 4. [Read more ] • Exploration
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 Under offer Fairstar Heavy Transport has been contracted by Seadrill to move the Offshore Vigilant rig from the Port of Spain in Trinidad to Vietnam. [Read more ] • Rig news
 Eight groups have submitted new bids to become part of the UK government's Carbon Capture and Storage competition run by the Department of Energy and Climate Change aiming to stimulate development of the technology. [Read more ] • Technology
 Norway's Ocean Rig is set to start generating new cash now that Brazilian operator Petrobras has accepted the Corcovado drilling unit for service offshore South America. [Read more ] • Rig news
 Total has managed to stop the leak at its North Sea Elgin platform. [Read more ] • [HSE]
 Cairn Energy reports that drilling has commenced on the UK North Sea Timon prospect well. [Read more ] • Exploration
 Estimated reserves in the UK North Sea Fyne field have been cut down 36% by former operator Antrim Energy and further doubt has been cast over the future development of the discovery. [Read more ] • Field development
 Tullow Oil has revealed that a new well on the Ketch field in the UK Southern North Sea has come in successfully and is to be brought onstream. [Read more ] • Field development
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.gif) More gas has been found offshore Tanzania Ophir Energy reports today with the Mzia 1 well. [Read more ] • [Exploration]
 Norwegian industrial group Aker ASA says it value rose 16% in the first quarter to NOK 22.5 billion (US $3.74 bn) as its investments – mainly in oil and gas operations - rose in value. [Read more ] • Company news
 Middle East-based rig and fabrication group Lamprell has warned of a tightening in the international supply chain for rig components which has hit its construction schedules and costs. [Read more ] • Company news
 Bond Offshore is to resume flying with its fleet of Eurocopter Super Puma helicopters after its own investigation of a gearbox fault which caused a North Sea crew change flight to ditch into the sea. [Read more ] • HSE
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 Dutch based Dockwise has launched a mandatory but hostile takeover offer for shares in rival Fairstar Heavy Transport which it does not already own. [Read more ] • Company news
 Work to halt the gas leak on the UK Elgin G4 well has kicked off [Read more ] • HSE
 Seadrill's West Aquarius deepwater rig is heading for Newfoundland to start new drilling for Statoil. [Read more ] • Rig news
 East European explorer JKX has been awarded a new Russian licence which extends a known oil field where it plans to pursue development. [Read more ] • Licensing
Initial inquiries by the UK's Air Accident Investigation Branch confirm that a gearbox oil failure was the cause of the emergency ditching of an EC 225 Super Puma helicopter last week. [Read more ] • HSE
 Providence Resources increased its profitability to 70.5% for 2011 to €0.031 million while revenue grew 24% to €13.75 million. [Read more ] • Company news
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 A report prepared for Canadian explorer Shoal Point Energy suggests that there are up to 49.4 billion barrels of undiscovered petroleum resources in a region offshore Newfoundland. [Read more ] • Exploration
 London-listed Rialto Energy has been granted exclusive exploitation rights to the Gazelle oil field offshore Cote d' Ívoire which is thought to contain up to 58 million barrels of oil equivalent. [Read more ] • Field development
 African explorer Afren has hit more pay with its Ebok North Fault exploration well offshore south-east Nigeria. [Read more ] • Exploration
 Major new reserves have been discovered offshore Mozambique with the Golfinho discovery which is thought to hold between 13 and 45 Trillion cubic feet of gas. [Read more ] • [Exploration]
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