Representatives of the oil industry have paid tribute to the 16 people who died in the Super Puma helicopter disaster 10 years ago.
The North Sea will need investment of £200 billion in order to add another generation to its production life, according to a flagship report published today.
Energy giant BP has used technology designed to maximise oil production offshore for the first time, as it began pumping oil from a new development west of Shetland.
Strike action on a major North Sea oilfield development could dent efforts to attract much needed investment to the sector, an industry chief has warned.
North Sea oil companies will commit to developing between 12 and 16 new fields in 2018, more than in the last three years put together, a new report said.
THE new chief of Oil and Gas UK today said there would be "no winners" if offshore workers went on strike.