It was an interesting year for deal-making in 2019, despite political and economic challenges.
Total and Thailand’s PTT Exploration and Production (PTTEP) have signed up to explore and develop non-associated gas in Oman’s Block 12.
The oil and natural gas industry practice of burning surplus gas from oil wells, or flaring, has reached levels not seen in Texas since the 1950s, a report released Tuesday by Railroad Commissioner Ryan Sitton states.
Scientists have been vastly underestimating the amount of methane humans are emitting into the atmosphere through fossil fuels, according to research.
A man and two women have been charged with criminal damage after Extinction Rebellion activists dug up a lawn outside a Cambridge University College.
TGS has completed its SN-UDO-19 survey in northern Senegal and has begun a second shoot in the same region, OUP-NORD-20.
US-based Vaalco Energy has found oil at its South East Etame 4P appraisal well, on Gabon’s Etame Marin permit.
The port of Tripoli was struck by projectiles on February 18, Libya’s National Oil Corp. (NOC) has said, which nearly hit an LPG tanker.
Specialist drilling waste management company TWMA, of Aberdeen, unveiled a new chief executive yesterday.
Marine Technical Limits (MTL) has increased its headcount as part of a £400,000 investment in the organisation.
In making any predictions for the year ahead, it makes sense to look back at the previous year.
North-east job losses are thought to be “inevitable” if a potential merger involving two offshore giants takes place, a union boss warned last night.
North Sea job losses could be a potential outcome of “creating another giant” in the oilfield services sector, a top energy consultant said yesterday,
More than 60 North Sea workers have been evacuated after a “power generation issue” at BP’s ETAP installation last night.
The Trump administration has announced sanctions on a Russian state-controlled brokerage that has helped the Venezuelan government skirt an US oil embargo and enabled President Nicolas Maduro to keep his grip on power in the South American country.
Galp will focus on major upstream projects, company executives said today, but these must be able to compete in a world where demand may be constrained.
Nigeria’s Department of Petroleum Resources (DPR) has held a bidders’ conference for those interested in tackling gas flaring in the country.
First Marine Solutions (FMS) has appointed a new director to strengthen its position in the North Sea and global oil and gas markets.
Glencore’s core business of marketing held up well in 2019 but the trader took a $2.8 billion impairment charge, driven in part by the loss of its oil exploration licences in Chad.
Petrofac has been awarded two contracts worth a combined £1.3billion for a “mega project” near Abu Dhabi.
Panoro Energy will drill a production well in Tunisia in May, while three workovers are under way and should be on line by the end of March.
A Spanish oil giant has set aside nearly £700 million in case it ends up on the wrong side of a long-running arbitration centred on a UK North Sea joint venture.
A Highland firm has for the first time revealed details of its “long road” to resurrect a subsea trials and remotely operated vehicle (ROV) business at Fort William.
A former director of a world-class diving training centre at Fort William has recalled “hoping for an 11th hour rescue package which never came”.
Subsea engineering group Tekmar has been forced to rollback its hopes of “record” revenues in 2020 due to the effects of the coronavirus.