Companies throw hats into ring for Norwegian licences
Norway's 23rd licensing round has attracted 26 companies keen to explore in the Barents Sea.
Norway's 23rd licensing round has attracted 26 companies keen to explore in the Barents Sea.
Technip has been awarded a contract by Unipetrol as part a reconstruction of its ethelyne plant in the Czech Republic
Suncor Energy's hostile takeover of Canadian Oil Sands shareholders remains on track after it extended its offer to COS shareholders until January 8.
LGO Energy has offered to pay drilling creditors in company shares in order to conserve cash to pay for production activities in Trinidad.
For the first time in seven years, OPEC’s newest member will increase crude production. It will likely be just a blip.
OPEC's widely anticipated decision not to cut production could have far reaching consequences for the global oil markets - and the North Sea oil industry - according to experts at KPMG.
Statoil will need the output from the far north to meet a goal of keeping up production levels in Norway to 2030 and beyond, Arne Sigve Nylund, the company's head of development and production in Norway, has said.
OPEC looked on track to maintain the status quo after member states clashed over oil production policy at an unusual informal gathering before the group’s official meeting in Vienna today.
Mozambique's potential to become one of the largest gas producers in the world can provide Aberdeen supply chain companies with new opportunities to export their North Sea expertise, according to industry experts.
International energy service firm 3sun Group has shaken off a challenging trading climate for oil and gas to register large increases in profits and turnover.
BW Offshore has received a two year contract extension for the lease and operation of the FPSO Polvo.
More than two-thirds of global oil and gas executives expect to pursue an acquisition in the next 12 months, according to EY’s Oil & Gas Capital Confidence Barometer.
UK Oil & Gas has received permission from British authorities to flow test the Horse Hill-1 ('HH-1') oil discovery well.
The China National Offshore Oil Corporation (CNOOC), has signed production sharing contract (PSC) with US explorer Husky for Block 15/33 in the South China Sea.
88 Energy said initial hydrocarbon shows from drilling at its flagship Icewine #1 well in Alaska have been encouraging, both for conventional and unconventional plays being targeted.
Anadarko has signed an agreement for the development of the massive natural gas resources that straddle two offshore blocks.
Providence Resources, the Irish based oil and gas exploration company, has entered into an exclusive agreement to acquire a 60% share in an option adjacent to the Barryoe oil field in the North Celtic Sea Basin.
Kazak focused independent Roxi Petroleum revealed that two of its deep wells at the BNG prospect in Kazakhstan have been hit by blockages, making it hard to complete tests on its flagship asset.
Vantage Drilling has reached a deal with its creditors who hold $1.6billion of its debts that will see its subsidiary pushed into bankruptcy.
Statoil has delivered its application for the 23rd licensing round on the Norwegian continental shelf to the Norwegian authorities.
Falcon Oil & Gas will receive $3.7million from Serbian oil company NIS following the termination of the oilfield services contract signed between the two companies in 2013.
Sir Ian Wood said his generation of oil peers were the “lucky ones” and have a duty to pay it forward.
North Atlantic Drilling (NADL) agreed a standstill agreement with Jurong Shipyard after failing to shift a sixth generation harsh environment semi-submersible drilling rig.
Leaders in business, education and the public sector have teamed up to secure the north-east’s post-oil future, backed by a £50million funding pot.
ROVOP has confirmed plans to increase its offshore workforce after winning a string of contracts, totalling £3million.