Oil giant ConocoPhillips and its partners are understood to be bringing the Tor filed, located in the Norwegian side off the North Sea, back to life.
US oil major ConocoPhillips has handed in its plans for decommissioning the MacCulloch field to the UK Government.
Big Oil probably won’t be buying up the Permian Basin’s struggling independent drillers any time soon.
Independent Oil and Gas (IOG) has appointed Neil Hawkings as an independent non-executive director.
Zennor Petroleum has reached a “key step” towards first production at its Finlaggan field in the North Sea.
North Sea operator Chrysaor has made a large profit in its first full year since its £3billion mega deal with Shell.
Energy giant BP boosted its pre-tax earnings in the first three months of 2019, which it said showed "resilience" in a "volatile period”.
A ConocoPhillips manager of almost 20 years has set up a consultancy firm targeting the wave of new operators in the North Sea.
Growth in the oil and gas and renewables sectors saw Fugro report a boost to revenues for the first quarter of the year.
Chrysaor’s recently-announced £2billion deal to acquire ConocoPhillips’ North Sea assets will put it top of a new leaderboard of oil and gas producers.
TechnipFMC has been handed a major contract for ConocoPhillips' Tor II development in the Norwegian sector of the North Sea.
US oil firm ConocoPhillips has agreed a £2billion deal to sell its North Sea assets to Chrysaor.
Chrysaor’s £2bn deal to acquire ConocoPhillips’ UK business continues a “story of incredible growth”, according to leading analyst firm Wood Mackenzie.
The need for newer North Sea players to grow could be a “catalyst” for more M&A deals this year, according to an investment banker.
Zennor Petroleum has said it has reached two “significant milestones” for the development of its Finlaggan project in the North Sea.
ConocoPhillips is in talks to sell a package of North Sea assets to explorer Chrysaor after earlier discussions with UK billionaire Jim Ratcliffe collapsed, people with knowledge of the matter said.
ConocoPhillips more than doubled its first-quarter profits from a year ago with more than $1.8 billion in net income.
Financially struggling Venezuela must pay Houston's ConocoPhillips $8.7 billion for the government's expropriation of the company's investments in Venezuela more than a decade ago, a legal dispute arm of the World Bank ruled Friday.
Equinor has discovered 12-28 million barrels of recoverable oil with the Telesto exploration well in the Norwegian North Sea.
Transocean’s 712 semi-submersible drilling rig has arrived at Invergordon for refurbishment ahead of a fresh North Sea drilling campaign.
Italian oil firm Eni has reportedly joined forces with Norwegian private-equity fund HitecVision to table a bid for ConocoPhillips' North Sea portfolio.
Union bosses have accused offshore accommodation provider Prosafe of perpetrating one of the most “appalling examples of social dumping” ever seen.
Ineos' bid to acquire ConocoPhillips' North Sea portfolio appears to have fallen through.
The Norwegian Petroleum Directorate (NPD) has announced more than 30 firms have been awarded ownership in its "largest ever" licensing round.
Oil had a tumultuous 2018, with prices rising to a four-year high in October before plunging more than $30 in the following months. Oversupply and demand worries are high on the concern list for the industry, making volatility a buzzword this year as well.