PDi doubles decom and subsea awards to £4m 2018
Project Development International (PDi) Ltd has announced that it has doubled its decommissioning and subsea awards from £2million in 2017 to £4million in 2018.
Project Development International (PDi) Ltd has announced that it has doubled its decommissioning and subsea awards from £2million in 2017 to £4million in 2018.
Westwood Global Energy reports that at the end of May, there were two active E&A wells on the UKCS, both west of Shetland, with one exploration and one appraisal.
Egdon Resources has bought an additional 5% interest in the licences containing the Wressle oil discovery and the Broughton North prospect.
Italian contractor Saipem has been awarded a pipeline project in the Middle East worth about $1.3 billion.
Qatar Petroleum will become a 30% equity holder in two ExxonMobil affiliates which hold shale assets onshore Argentina.
Chrysaor chief executive Phil Kirk admits it is “spooky” that his 10-year-old can recite the company’s core values.
An Aberdeen-headquartered oil field technology firm has been “re-energised” after securing fresh investment worth more than £3.75 million from a private equity firm.
Chrysaor said today that it had wrapped up the purchase of Spirit Energy’s interests in the Armada, Maria and Seymour fields.
Aberdeen-headquartered energy services firm Ardyne has bought drilling technology worth £6.8million from a rival company.
Ten start-up technology firms are today embarking on a 16-week programme to help unlock the full potential of the North Sea.
Whalsay Energy’s boss has said the firm will pick a development concept for a 300 million barrel North Sea field in the third quarter of 2018.
The Pioneering Spirit installed the 22,000-tonne drilling platform topsides on the Johan Sverdrup field over the weekend.
Corallian Energy's Oulton field in the UK North Sea could yield more than 10 million barrels of oil.
Chariot Oil and Gas has booked the Ocean Rig Poseidon to drill one firm and one optional well off Namibia.
The former director of engineering at Maersk Oil has been appointed as an advisor to tech developer Akselos.
Theresa May has discussed the Iran nuclear deal, the war in Yemen and the oil market with Saudi leader Mohammed bin Salman, Downing Street said.
Houston rig and equipment builder National Oilwell Varco has bought GustoMSC, a Dutch rig design and engineering firm.
Drilling activity picked up slightly this week in South Texas' Eagle Ford Shale and in Oklahoma while the nation's overall rig count stayed relatively flat.
The president of Brazilian state oil company Petrobras has resigned after a crippling truckers’ strike calling for sharp cuts to diesel prices.
Fracking firm Cuadrilla yesterday announced the award of an interim High Court injunction preventing trespass on its Preston New Road (PNR) shale gas exploration site and surrounding farmland.
Seven out of eight of the Netherland's largest insurance companies snubbed Shell's climate ambition by abstaining or voting with a fringe group's resolution.
In a new public relations campaign, environmentalists are calling on insurance companies including AIG, Liberty Mutual and Chubb to stop offering coverage to pipeline projects connecting to Western Canada's tar sands fields, which are among the most carbon intensive oil deposits in the world.
Royal Dutch Shell Plc is attempting to market some of its natural gas as clean energy, packaging it with credits for eco-friendly projects that offset pollution coming from the fuel.
Activist group Greenpeace has gate-crashed Total’s annual general meeting in Paris. Members were protesting the French energy giant’s plan to drill in the Amazon basin and French Guyana. It is reported that the event has been temporarily suspended. Police have been called to remove the protesters.
Shell has been granted consent to drill an exploration well in the Norwegian section of the North Sea.