Opinion: Big Irish Atlantic hopes riding on Druid, Drombeg probe
Irish independent Providence Resources has finally spudded exploration well 53/6-A on the FEL 2/14 licence in the southern Porcupine basin located to the west of Ireland.
Irish independent Providence Resources has finally spudded exploration well 53/6-A on the FEL 2/14 licence in the southern Porcupine basin located to the west of Ireland.
Aker BP has raised its outlook for production while lowering costs in its latest quarterly update.
Independent Oil and Gas (IOG) has hailed its latest licence win in the southern North Sea and said it is getting ready to submit plans for a number of projects.
The struggling offshore energy sector may have finally bottomed out, analysts said, with Ensco leading the rebound by winning several new West African drilling contracts.
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The Offshore Contractors' Association (OCA) will meet trade unions again next week for more talks aimed at ending a dispute over pay for North Sea workers.
Federal regulators have conditionally approved exploratory drilling in Alaska’s Beaufort Sea by a subsidiary of an Italian multinational oil and gas company.
ExxonMobil and project partners Hess and Statoil have signed a production sharing contract for a block off Suriname.
The City watchdog is pressing ahead with controversial plans to overhaul stock market rules that would allow oil giant Saudi Aramco to choose London for its record-breaking flotation.
The Oil and Gas Authority (OGA) has dished out a dozen licences to 10 companies in its supplementary 2016 North Sea bidding round.
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The discovery of a new 1billion barrel field in the Gulf of Mexico caused a ripple in the oil sector yesterday.
Ophir Energy said today that it would save $10-$12million a year by laying off 15% of its global workforce.
A former shadow secretary of state for energy and climate change has called on the Government to agree to an immediate rebate for overcharging on energy prices.
The Murchison platform has been removed from the North Sea and brought ashore two years ahead of schedule.
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Energy customers are subsidising £7.5billion in “unjustified” profits made by gas and electricity network companies because of errors in judgment made by regulator Ofgem, a charity has claimed.
A rig that was hit by a giant wave in 2015, leading to the death of a worker, has been hired to drill a well off Norway.
US firm Halcon Resources has agreed to sell its operated assets in the Williston Basin for $1.4billion.
North-east offshore chemical engineering firm Aubin Group has devised new technology aimed at slashing well abandonment costs.
A topside module from Shell’s Leman field in the southern North Sea was delivered Great Yarmouth for dismantling today.
Police are investigating after a drilling rig was vandalised at a facility near Chesterfield, a news report said.
The number of upstream projects sanctioned globally is on course to double this year as the sector’s recovery continues, an energy consultancy has said.
US Secretary of State Rex Tillerson is visiting Qatar on a mission to break the deadlock between the tiny, energy-rich Gulf nation and four Arab neighbours.
Fewer exploration wells were drilled in the first half of 2017, but commercial success rates were up, an analyst has said.