Iceland’s hope of finding oil offshore its coast is fading after China and Norway decided to back out of the island nation’s only remaining exploration license.
Tulip Oil has decided to press ahead with the development of the Q10 gas field in the North Sea.
Dutch operator NAM has proposed reducing output from the Groningen gas field after an earthquake struck the area earlier this week.
The Norwegian Petroleum Directorate (NPD) today confirmed a fall in production.
Aker Soutions has won as string of Johan Casterberg orders with Statoil totalling £357.5million (NOK4billion).
Wood has landed a multi-million deal for the engineering, procurement and construction management services for a new biotech facility to be built in Marburg, Germany.
Lundin Petroleum this morning confirmed it had kick-started drilling of exploration well 7219/12-3 on the Hurri prospect in PL533 in the southern Barents Sea.
UK-based investment firm Prospex Oil and Gas said today that drilling had started on an appraisal well in Italy.
Europa Oil and Gas narrowed its losses during a 2016/17 financial year marked by “record levels” of corporate activity at the AIM-listed company.
Statoil confirmed it has successfully stopped a hydrocarbon leak at its Mongstad plant, two hours after first raising the alarm.
Statoil this morning raised the alarm after a naphtha leak on its Mongstad refinery in western Norway.
The operators of a controversial fracking site have rescued two protesters who broke in and climbed 60ft on to a platform.
Norway's monthly production faltered.
After being tapped over the past two years by politicians scrambling to plug budget holes, Norway’s massive $1 trillion wealth fund is about to get some relief.
Union Jack Oil today confirmed its takeover of Nautical Petroleum's onshore portfolio.
Rosneft has acquired a 30% stake in the Zohr field, the largest gas field in the Mediterranean Sea.
Angus Energy has kickstarted its drilling onshore in the Lidsey Oil Field near Bognor Regis.
Statoil has made a gas discovery in the formerly disputed area between Norway and Russia.
Ludin Norway drilled a series of appraisal wells to scope out the wider potential of its Alta oil and gas discovery.
ExxonMobil said no injuries had resulted from a fire at its refinery in Rotterdam.
Aker BP has awarded a contract to Odfjell Drilling for the semi-submersible drilling rig Deepsea Stavanger woth $68million.
Shell Energy Europe will begin to supply electricity to industrial customers in the UK, the oil major revealed today.
Norway’s oil industry has been salivating for years over the Arctic Lofoten islands, which could hold billions of barrels of crude. It will likely have to keep dreaming.
Statoil this morning confirmed a new gas discovery in the Barents Sea.
Amec Foster Wheeler has secured a contract for Total's Donges refinery.