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Oil group wins 100m North Sea deal

Aberdeen-based oilfield services group Asco wins a contract worth more than 100m to support BP's UK North Sea operations.

Wednesday's Budget could be the most important in the 40-year history of the North Sea oil and gas industry, a leading industry figure says.

The UK government may cut taxes for the sector in response to the falling oil price.

Talisman Sinopec Energy UK has removed Sky television from its North Sea offshore sites.

The Dogger Bank Creyke Beck project includes the joint development of two 1.2GW offshore wind farms in the North Sea.

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