Statoil exits Rosebank and Schiehallion in $2.65billion OMV deal
Norwegian oil giant Statoil is to sell off its stakes in the Shiehallion and Rosebank North Sea fields as part of a deal worth at least $2.65billion.
Norwegian oil giant Statoil is to sell off its stakes in the Shiehallion and Rosebank North Sea fields as part of a deal worth at least $2.65billion.
Abu Dhabi investment group Mubadala is to go ahead with development of a new oil field in the Gulf of Thailand.
Dutch offshore specialist Venko are to open their first base in the UK.
Exploration firm JKX says it has begun the final stages of its Ukrainian operation after overcoming problems with the frac process.
Australian oil and gas firm Senex has secured a 15-year deal for a 10,000 sq km area in the Cooper-Eromanga basin.
The first oil flows from the Ruvuma Basin well in Tanzania has been delivering promising results, operator Solo Oil has revealed.
Oil and gas geoscience specialists TGS has begin 2D scanning of north-east Greenland ahead of the next round of licencing next year.
British engineer Amec is reportedly eyeing an £800million bid for engineering and construction firm Kentz.
Petrobras is to sell off more than $2billion of assets as it looks to dispose of its non-core interests.
Statoil has made a gas find at the Smørbukk North prospect in the Norwegian North Sea's Asgard field.
San Leon Energy has signed a deal to gain exclusive rights to a major shale block in Morocco.
ConocoPhillips has sold off its Trinidad and Tobago gas operation in a $600million deal.
An Aberdeen training and consultancy firm has won half a million pounds of work with oil major BP.
Plans to build new North Sea headquarters for EnQuest have been backed by council planners.
Exclusive: Aberdeen is to lead a drilling revolution which could save oil companies billions of pounds and turn marginal North Sea fields into money-spinners.
Thai national oil firm PTTEP says it has successfully found gas in its appraisal wells off Myanmar.
Libya has warned striking port workers it is prepared to deploy troops should they try to sell oil independently - after losing more than $1.5billion in less than a month.
Canadian exploration firm North Sea Energy has agreed a deal to farm out a 25% stake in the Bagpuss prospect in the Moray Firth to Maersk.
The operators of the UK’s second-largest fuel refinery insist its recovery is on track for the end of the year despite being hit by refining losses in the last three months.
Danish giant Maersk said the drop in its oil production had 'bottomed out' after seeing second quarter profits drop.
Energy company Cuadrilla is scaling back its exploratory oil drilling operation today as up to 1,000 extra protesters prepare to hold anti-fracking protests.
Gas imports to the St Fergus terminal near Peterhead are down as a result of a power cut on a North Sea platform.
Ecuador’s president Rafael Correa has said he has abandoned a unique and ambitious plan to persuade rich countries to pay his country not to drill for oil in a pristine Amazon rainforest preserve.
Major oil companies were pulling staff out of Egypt as the death toll from clashes between police and supporters of the country's ousted president exceeded 600 last night.
Aberdeen-based Axis Well Technology says it has appointed an energy-industry veteran as chairman.