Eland secures $24million borrowing base for Nigeria projects
West-Africa-focused Eland Oil and Gas said today that it had secured a borrowing base of $24million following a review with its lender.
West-Africa-focused Eland Oil and Gas said today that it had secured a borrowing base of $24million following a review with its lender.
In the last three years, more than 350,000 people are estimated to have lost their jobs in the global oil and gas industry as the prolonged downturn in commodity price morphed from ‘lower for longer’ into ‘lower forever’.
Offshore drilling firm Odfjell Drilling has signed a contract with Austrian oil company OMV for the Deepsea Bergen to drill a well next year.
Pre-tax profits at oil services firm Schlumberger’s have almost halved in the first quarter of 2017 compared with the same period last year.
The UK could see its first full day without generating any electricity from coal on Friday, National Grid has said.
Statoil has released jaw-dropping footage of the substructure for its Aasta Hansteen platform being loaded onto the world’s largest heavy transport vessel, Dockwise Vanguard.
Singapore Airlines’ new Business Class seats offer two new seating positions—the Lazy Z, a cradling position that ensures your weight is centered and balanced when you’re sitting down, and the Sundeck, a lounging position that extends the base and foot of your seat so you can stretch and rest your legs on the ottoman.
Three North Sea deals were among the top 10 non-US upstream oil and gas acquisitions in the first quarter of 2017, a new report said.
Offshore accommodation provider Prosafe said today that it would scrap its Safe Regency vessel as part of its strategy to raise the quality of its fleet.
North Sea firm Ithaca Energy said today that its investors had overwhelmingly backed a takeover offer from Israel's Delek Group.
North Sea oil and gas companies must avoid reverting to bad old habits now that Brent crude is back above $50 a barrel, the industry regulator has warned.
Iran is failing to fulfil the “spirit” of its nuclear deal with world powers, US President Donald Trump has declared, setting an ominous tone for his forthcoming decision about whether to pull America out of the landmark agreement.
The owners of the former oil fabrication yard at Kishorn are understood to be preparing to make a major jobs announcement today.
There have been fewer insolvencies of oil and gas companies than expected over the past three years, a restructuring specialist has said.
Every Friday, Energy Voice asks readers to give their views on some the hot topics affecting the oil sector. This time, we want to know what you think about the General Election. The latest questionnaire will be kept open for a week to allow as much participation as possible.
North Sea pioneer Algy Cluff said yesterday that his company was busy trying to attract partners for one of its most promising southern North Sea licences.
A shark has been caught on camera near a North Sea platform during an inspection.
Engineering firm Bilfinger has secured 210 jobs after winning a deal to carry out maintenance work on key Scottish oil and gas infrastructure for another five years.
Statoil has received consent from Norway's Petroleum Safety Authority to drill an exploration well in the Barents Sea.
ConocoPhillips has completed drilling on its first well in the Barossa field - and is planning to move the rig for a second well.
Offshore drilling contractor Rowan Companies has picked up more work for its jack-up rigs in Norway, the Gulf of Mexico and Saudi Arabia.
The Government is selling the Green Investment Bank to Australian firm Macquarie for £2.3 billion.
Oil explorer and producer Amerisur Resources has started commercial production from its Platanillo-22 well in Colombia.
A "significant improvement" in the prospects of oil and gas service companies has boosted the Scottish financial and business services sector this year, according to new research.
Jersey Oil and Gas said today that it was keen to get on the acquisition trail after its losses narrowed in 2016.