Falcon strikes royalty deal as it closes in on Beetaloo partner
Falcon Oil and Gas could spend up to $7million to buy out the 4% royalty interrest tied to its exploration permits in Australia.
Falcon Oil and Gas could spend up to $7million to buy out the 4% royalty interrest tied to its exploration permits in Australia.
Norwegian oil and gas group Det Norske says it is on schedule to decide on how to develop the massive Johan Sverdrup field by the end of 2014 after seeing third quarter losses narrow.
Leading talent in the offshore industry was recognised last night as the Offshore Contractors’ Association (OCA) hosted its annual Challenge Awards dinner at the Marcliffe Hotel in Aberdeen.
A north-east man who was held captive for 30 days by Nigerian militants says firms need to win the “hearts and minds” of the local people if they are to bring an end to the trouble.
The safety expert who chaired the US government's investigation into the 2010 Deepwater Horizon disaster says operators should be held responsible for offshore disasters.
Shale gas extraction poses little risk to public health if it is run properly, a new report has claimed.
Offshore services firm Technip has landed a $1.2billion dollar deal for Tullow's TEN project off the coast of Ghana.
Brazilian state oil producer Petrobras says it will up its output by 1million barrels a day before the end of the year as it prepares to bring new units online.
West Africa-focused Lekoil says it has found a second significant discovery at the OPL310 well off Nigeria.
Beleaguered Brazilian oil group OGX has filed for bankruptcy protection after failing to reach an agreement over its $5billion debt.
BG Group says it expects to bring the Lomond field in the North Sea back online in the next few weeks as it looks to bounce back from a 10% production drop over the last three months.
Oil group Total said it was focusing on long-term growth after seeing its third-quarter profits drop 19%.
Higher costs and ongoing security problems in Nigeria saw Shell's third quarter earnings drop 31% compared to last year.
Major research into the skills landscape of North Sea oil and gas could be a real game-changer for the industry.
US oil giant Marathon says it has made a 'significant' find on a block in Kurdistan.
Abu Dhabi-based Mubadala Petroleum has started production at the Ruby gas field in Indonesia.
The body of a welder who sparked a massive search operation after falling into the sea from a platform in the Gulf of Mexico has been recovered by rescuers.
Australian oil and gas exploration company Oilex has raised $3.4million for investment in its onshore Cambay tight hydrocarbon project in India.
Norwegian oil and gas firm DNO has begun successful oil flow testing at the Salsala well off Yemen.
Ongoing disruption in Libya and Nigeria will leave Eni's annual oil output lower than 2012, the Italian firm has admitted.
Kintore-based sand control firm Darcy Technologies has landed a deal to provide completion systems for Statoil.
Kurdistan-focused operator Gulf Keystone has launched a new fundraising issue as it looks to cover costs of raising production levels at its large Shaikan facility.
Oilfield services company Petrofac is leading a partnership deal worth $650 million (£405 million) to extend the life of an Algerian gas field.
Norwegian oil giant Statoil said it expects production levels to fall next year as the impact of its recent sell-off programme is felt.
A new system to monitor the number of birds killed by wind turbines has been set up in Scotland.