LGO spuds sixth Gourdon well
Leni Gas and Oil (LGO) has spudded the sixth well of its 30-well Goudron development in Trinidad.
Leni Gas and Oil (LGO) has spudded the sixth well of its 30-well Goudron development in Trinidad.
Oil & Gas UK chief executive Malcolm Webb today confirmed he will retire next year.
A rig owned by Norwegian driller Songa offshore has suffered failure on one of its four engines, while undergoing survey work in Scotland.
Tethys Petroleum will face a shareholders vote to remove the majority of its directors, the company has announced. An Extraordinary General Meeting (EGM) of the company will be held after the board received a requisition on behalf Pope Management LLC.
Xcite Energy has signed a Memorandum of Understating (MOU) with Baker Hughes for the Bentley field development.
Genel Energy has hit oil during drilling at a well on the Sidi Moussa Block off the coast of Morocco. The discovery was made by the oil and gas explorer along with its partners San Leon and Serica Energy.
President Energy has made it first oil discovery in the Lapacho well at the Pirity Concession in Paraguay. The company, which has a 65% interest in the asset, said tests will now be carried out to confirm the discovery of the conventional light oil.
From her little vantage point in Cuero, Texas, of the U.S. shale oil boom, Jill Potts doesn’t see anything to worry about.
Norway, where oil helped create one of the world’s most stable and prosperous societies, finds itself among the most exposed to falling crude prices.
Land in the Permian Basin, the busiest shale patch in the U.S. oil boom, is worth either $1,000 an acre or 50 times more, depending.
BP will restart the Rhum gas field in the UK North Sea, half-owned by Iran's National Oil Company, four years after the field was shut down due to Western sanctions.
Australian energy firm Santos has seen its sales and production rise rise by 9% on its previous quarter. It follows the successful ramp-up of its LNG project in Papua New Guinea (PNGLNG) which reached full capacity earlier this year.
Aqualis Offshore has secured three contracts for its Middle East offices amid its aim to build a stronger presence in the area.
Gas talks between Russia, Ukraine and the European Union will be held in Brussels later this month. The Russian Ministry of Energy made the announcement after a prolonged period of US and European sanctions were imposed on the country.
The chief financial officer of a United Arab Emirates rig construction business has stepped down from her position with the company. Joanne Curin was also on the board of Lamprell, which provides engineering contracts to the oil and gas industry.
Chevron Corp chief executive John Watson spends an hour talking about the future of global energy and doesn’t once mention the price of oil.
A North Sea gas field is set to create 1,500 Scottish jobs and boost the UK economy £1.3billion, it has been announced. Oxford University has released a report into the huge Cygnus gas project, which started drilling at its North Sea site yesterday.
International oil and gas facility service provider expects to make up to $600million in profit this year. The company said the past year had been its most successful for new awards, with an ECOM (Engineering, Construction, Operation and Maintenance) order intake of $9.4billion.
Lundin Norway's latest wildcat well has come up dry.
Oil traders might see the 27 percent slide in global prices as a bear market. For U.S. consumers, it’s more like an early holiday gift.
People around the world are trapped by a “toxic triangle” of fossil fuel companies, investors and governments which is driving climate change, Oxfam has warned.
Oil production from the Organisation of the Petroleum Exporting Countries (OPEC) is at its highest level since December 2013, according to a recent review.
Chevron has delayed the second phase of its deep-sea natural gas project.
The reservoir targets for the Horse Hill-1 well have been readjusted.
IGas Energy’s landmark acquisition of Dart Energy was officially completed today.