Technip has landed a deepwater subsea contract for the Odd Job in the Gulf of Mexico.
MX Oil has submitted of tenders for five blocks in Mexico's first onshore bid round since re-opening its energy frontier to the global market.
The Government’s decision to drop a £1 billion competition to develop technology to capture and store carbon emissions from power plants is “absurd”, it has been warned.
Petrofac confirmed a record backlog, totalling $18.5billion in its latest financial update.
Well-Centric has a won a £8million contract for Apache's North Sea assets.
As oil crashed through $35 a barrel in New York, some producers were already living with the reality of much lower prices
The opening of Petroleos Mexicanos’s first- ever gasoline station in Houston featured several cultural reminders of the company’s origins. There were mariachis dressed in traditional Charro suits, trumpet-heavy Mexican music and, of course, tacos.
Oil’s slump of more than 10 percent in New York since OPEC met on Dec. 4 has struck fear into any remaining crude bulls. The last time the group rattled the market like this -- after its November 2014 meeting -- the pain was much deeper.
The GMB union has urged the Scottish Government to insist that oil companies remove everything from the seabed when closing down platforms unless there are pressing reasons not to.
A £100 million deal between an engineering and services firm and BP at two of its Scottish oil and gas terminals will secure 240 jobs.
Statoil, Gassco and ExxonMobil have received consent to perform manned underwater operations for one year from Norway's Petroleum Safety Authority.
Volga Gas confirmed its VM-4 well has been successfully sidetracked and is ready to be tied-in.
Shell is considering the option of leaving the massive subsea concrete jackets for its Brent platforms in place, as removing the 300,000 tonne structures may be more hazardous than leaving them where they are.
Shell has said it will cut 2,800 jobs if its planned takeover of BG Group goes ahead, the company has confirmed.
A senior employee of Iraq's state-run North Oil Company has been shot dead by gunmen.
South America-focused President Energy has said its initial results from its Argentine assets were "encouraging", achieving its best daily production and helped by a continued strong oil price in country.
Irish independent Circle Oil is considering a debt restructuring amongst options to try and improve its balance sheet and ensure adequate cash flow to fund its operations.
The Scottish economy contracted last month as a result of a downturn in the oil and gas industry, according to a new report.
Exxon has successfully started the onshore central processing facility at the Banyu Urip field in Indonesia, helping increase production to more than 130,000 barrels of oil per day and increasing production in coming months.
Serica Energy said a little "imagination" is what is needed to secure its North Sea assets through the next decade.
The Steam Oil Production Company is set to acquire 100% interest in of one Enquest's North Sea licences.
Petrofac has landed UKCS contract extensions, totalling $400million.
Shell's multi-billion takeover of BG has been given the go-ahead by Chinese officials, surpassing its final clearance hurdle.
Oil extended declines from the lowest price since February 2009 as Iran pledged to boost crude exports, bolstering speculation OPEC members will exacerbate the global oversupply.
Independent Oil and Gas (IOG) has signed a "breakthrough" deal with Transocean for its North Sea Skipper prospect.