Egypt looks to strike deal over $6billion owed to oil and gas giants
Foreign oil firms are owed a total of $6billion by the Egyptian government after months of disruption which has affected the company, it has emerged.
Foreign oil firms are owed a total of $6billion by the Egyptian government after months of disruption which has affected the company, it has emerged.
Subsea 7 has landed a $70million contract to develop the Cardona field in the Gulf of Mexico.
The merger between risk management and offshore classification groups Det Norske Veritas and Germanishcer Lloyd has been given the green light by competition authorities.
Norway's new leader Erna Solberg has vowed to limit spending of the nation’s $750billion oil fund after a jump in inflation triggered the biggest surge in the krone in two months.
Iraq is looking to revive the northern Kirkuk oil field after striking a deal with BP.
Production from part of the Italian Guendalina-3 well operated by Eni has stopped indefinitely, shareholders announced today.
Korean-owned exploration firm Hansa Hydrocarbons has farmed into Dana Petroleum's Pharos exploration project in the southern North Sea.
The Kashagan field has produced its first oil, the consortium behind the project has confirmed – ten years overdue.
Ongoing maintenance on key Norwegian oil and gas fields last month saw the country's production levels drop month on month.
Spending on the giant West of Shetland oil project has broken through the £1billion mark since 2012, it has emerged.
Statoil has made a new oil find after drilling a wildcat well near the Norne field.
A bid to bring a North Sea field abandoned 30 years ago back to life has taken a major step forward after successful flow tests.
Wood Group said yesterday it was targeting further growth in India after winning a string of new contracts in the country during the past year.
In a special mini-documentary, Energy Voice speaks to the workers, the officials and the experts who have watched and contributed to the oil and gas industry in the North Sea over the last 40 years.
Marathon Oil is set to snap up a in one of the main shale gas formations in the USA - while selling off its offshore block in Angola for around $590million.
The expansion of a key Kashagan oil pipeline is up to one year behind schedule, Russian pipeline major Transneft announced today.
Chinese companies could follow their South Korean equivalents into making an impact in the North Sea - offering lucrative opportunities to companies in the UK supply chain.
Gulf Keystone has won a court battle over a bid to claim almost a third of its operations in Kurdistan.
Norway’s Conservatives face tough negotiations to unite the opposition after ousting the Labor-led coalition on promises to cut taxes and loosen the state’s hold on Scandinavia’s richest economy.
Malaysia state oil firm Petronas is to pull out of the giant Carabobo project in Venezuela, it has been confirmed.
Technip and engineering group Huanqiu Contracting are to link-up to establish two new joint ventures aimed at increasing their European and Chinese procurement markets.
Lundin Petroleum has spudded an exploration well on the Gohta prospect as it continues the hunt for oil in the Barents Sea.
Finnish refining firm Neste Oil says it expects its full year profit to be significantly higher than previous expectations after being boosted by the success of its Renewable Fuels arm.
The Causeway and Cormorant East North Sea fields have been shut in after the North Cormorant platform was closed for scheduled maintenance.
North-east wireline and well-intervention technology specialist Wireline Engineering said yesterday its global expansion plans were on track after £1.9million-worth of new contracts in the first half of 2013.