An oil and gas industry veteran who “hails from north-east fishing stock” has reeled in a buyer for his firm’s southern North Sea discovery.
Shares in EnQuest climbed today despite the company indicating production would drop slightly this year in light of North Sea platform shutdowns.
Climate activist group Greenpeace has been given the legal right to challenge oil giant BP over a North Sea drilling permit on the eve of the firm appointing its new chief executive.
Data shot by CGG in a 15,400 square km seismic survey offshore Mozambique, in the Zambezi Delta, is now ready for licensing.
BP Plc said the coronavirus outbreak threatens to wipe out a third of global oil-demand growth this year, a troubling prediction for prices already languishing at their lowest in a year.
Angola intends to privatise 30% in state-owned Sonangol, in a bid to raise money and increase the company’s competitive edge.
BP’s incoming chief executive vowed to stick to the “principles” embedded in the company by Bob Dudley.
Africa Oil has received its first dividend from its recently acquired Nigerian assets and has directed the cash to pay down a loan.
ReconAfrica has lined up a drilling rig to work on its licence in Namibia’s Kalahari Desert.
BP chief executive Bob Dudley treated shareholders to a dividend rise in his last day on the job.
BP has announced first oil from the 20 million barrel Alligin field, west of Shetland.
Boskalis Subsea is once again aiming to boost its north-east workforce, just a year after unveiling new offices in Westhill.
An autonomous underwater vehicle being developed by Kawasaki Heavy Industries is scheduled to go on trial for the first time in the North Sea.
Pressure ‘to leave discoveries in North Sea’ will grow as COP26 climate summit approaches – Wheelhouse
Scotland’s energy minister expects public pressure to “leave discoveries in the North Sea” to grow as a major climate summit approaches this year.
Ocean Infinity Group has announced the launch of its Armada project, which aims to cut emissions for survey work through the use of unmanned vessels.
Offshore trade unions have condemned contractors’ plans to abandon a key UK North Sea collective bargaining agreement.
The Mnazi Bay field in Tanzania produced 70.29 million cubic feet (1.99 million cubic metres) per day in 2019, according to Wentworth Resources, predicting output would remain static in 2020.
A BP boss in charge of energy transition efforts has teased “more to follow” on the eve of Bernard Looney’s coronation as chief executive.
A pipeline in Egypt’s Sinai has been bombed, according to reports on February 2, but imports from Israel have continued unabated.
Tata Steel, one of Europe's leading steel producers, has secured three separate contracts with TechnipFMC for work in the UK North Sea, further building on the relationship between the two companies.
Exxon Mobil Corp.’s partner on a Papua New Guinea gas project that’s threatened by failed talks with the government hit back at the state’s position on Monday, saying its terms were uneconomical.
KBR has won project management consultancy (PMC) work from ADNOC on the Ghasha concession.
Ebikabowei Victor Ben sips French red wine at his plush home in Nigeria’s capital as he reminisces about a daring speedboat attack on one of the nation’s most critical oil installations.
BP will hope to better rival Shell as the company prepares to put forward its final quarter and full-year results next week.
ADM Energy has signed up support from Trafigura, with the oil trader agreeing to support “investment opportunities” in African energy.