More M&A activity needed to sort out North Sea vessel market, report says
The North Sea vessel market is badly overstocked and needs more M&A activity to help lower inflated prices, a new report shows.
The North Sea vessel market is badly overstocked and needs more M&A activity to help lower inflated prices, a new report shows.
A worker died yesterday after a fire broke out on a platform off the Republic of Congo, Italian energy firm Eni has said.
Statoil said today that pre-drilling had started on its flagship Mariner field in the UK North Sea.
The turbines for a new 150 megawatt onshore wind farm in Canada started spinning today.
Shell and BP are among the companies to have had bid accepted for oil and gas exploration in Egypt, a news report said.
Video footage shows fires raging yesterday at a refinery owned by Italian oil and gas firm Eni.
Australian oil firm 88 Energy said today that it expected to pick a rig for the Icewine Project in Alaska in the coming weeks.
Shares in AIM-listed Prospex Oil and Gas skyrocketed today after the firm was given permission to drill a well onshore Poland.
Lukoil has sold its 100% stake in a joint stock company (JSC) that controls a diamond mine in the north of Russia for $1.45billion.
Chevron has appointed a new president for its African and Latin American operations after incumbent Ali Moshiri decided to call it a day after 38 years.
Opec has agreed to cut production by 1.2million barrels a day from January.
Energy services firm Subsea 7 has won a deal worth at least $50million to perform a subsea tie-back off Australia for Woodside Energy.
Each week, Energy Voice pulls together the Friday Five. Click below to see the site’s most read and engaged with copy of a week that brought the first Opec deal on production cuts for eight years.
Energy sector healthcare provider Iqarus has revealed a role change for its co-founder, Jeff Soal.
Technip and FMC Technologies said yesterday that they had received anti-trust clearance from the Brazilian authorities ahead of their proposed merger.
The head of the International Energy Agency has reportedly said oil markets are set for a period of “greater volatility” in the wake of Opec’s output reduction deal.
Repsol Sinopec Resources UK (RSR UK) managed to narrow its losses significantly last year against a backdrop of low oil prices.
The nuclear industry has welcomed Government plans to boost work in the sector and improve the chances of UK firms winning contracts.
BP has sanctioned phase two of its Mad Dog project in the Gulf of Mexico after more than halving costs.
A major upgrade project has been completed on Shell’s Scotford refinery near Edmonton, Canada.
Opec’s pact on crude production is a “fabulous Christmas present” for the oil and gas sector, an Aberdeen-based energy finance expert said yesterday.
The breakthrough on oil production by Opec members is “not the end of the story”, a leading industry lawyer warned yesterday.
Sixteen Scottish oil and gas companies will visit India to help create links with a country whose oil consumption is rising rapidly.
Oil traders' attention will turn to Russia following Opec’s landmark decision on crude output, a prominent petro-economist said yesterday.
Weak demand steered Japan to a 34-year low for oil sales in the month of October, trade ministry data showed.