88 Energy encouraged by latest hydrocarbon shows from Icewine
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.
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.
Wood Group has acquired Infinity Group in a $150million deal.
Shell's takeover of BG secured approval from the Australian Foreign Investment Review Board (FIRB), it was today confirmed.
Saudi Arabia, the world’s largest crude exporter, may propose an eventual OPEC production cut of 1 million barrels of oil a day that may take affect in 2016, Energy Intelligence reported Thursday, citing a group delegate it didn’t identify.
The majority of OPEC members would agree to a reduction in crude production at Friday’s meeting, with the exception of Saudi Arabia and the Persian Gulf Arab countries, Shana reported, citing Mehdi Asali, director general of OPEC and energy forums at the Iranian Ministry of Petroleum.
Federal prosecutors dropped manslaughter charges against BP’s top two employees on the doomed oil rig that blew up in 2010, the latest setback for investigators probing the largest offshore oil spill in US history.
Shell has said production is likely to be back up in the "next few days" on Brent Charlie after a power failure led to 29 workers being downmanned last week.
Northcote Energy has withdrawn from the pre-qualification process for Mexico’s next licensing round.
Russia’s deputy defence minister has accused the Turkish president and his family of personally benefiting from the illegal oil trade with Islamic State militants.
Further job losses in the North Sea are inevitable as the “challenging times“ for the oil and gas industry continue, MSPs have been warned.
The head of the Oil and Gas UK Authority has said the industry in the North Sea is like an “ageing patient” that could face a “very grim” future.
Marathon Oil's Alba B3 compression platform is en route to installation in Equitorial Guinea.
Apache Corporation has published its 2015 Summary Sustainability Report.
Russian oil output in November hovered near a post-Soviet record set the previous month, shrugging off a crude-price slump before OPEC gathers for its biannual meeting in Vienna.
Schlumberger has yet to confirm where or exactly when it expects to reduce its headcount by another 20,000.