Tullow Oil has come up dry in its efforts to find oil off the coast of Mozambique.
Norway’s election later this month is set to open up a debate on how much of the nation’s oil wealth can be funneled straight into Scandinavia’s richest economy.
Super Puma passenger flights could resume before the end of the week, operators said last night.
Last April, the ITF's latest CEO took the reins following his widely welcomed appointment to this important role as a technology catalyst.
The shocking loss of yet more personnel in a Super-Puma incident in the UK sector once again highlights why so many offshore workers are worried out commuting offshore.
Energy giant Shell plans for shale gas drilling in the country's Karoo semi-desert has pitched the government and its energy goals against farmers and conservationists like billionaire Johann Rupert who say the land will be spoiled.
Petrofac says it expects a stronger second half of 2013 after seeing profits fall by more than a quarter for the first six months of the year.
A warning was issued last night that the suspension of aircraft could lead to wider implications for the oil and gas industry.
Exclusive: Workers on the platform where those involved in the North Sea helicopter crash worked were given a briefing on the safety of Super Puma helicopters – days before the fatal accident.
International energy-industry business 3sun Group said yesterday it had snapped up Aberdeenshire firm RRC Controls Services for a six-figure sum.
Concerns over safety issues surrounding helicopters are at their highest levels for nearly 25 years, a leading union official has warned.
The bodies of three of the four oil workers who died after their helicopter plunged into the North Sea on Friday night have been returned to the mainland.
Troubled North Sea operator Noreco has been dealt a new blow after it emerged production from three of its fields has been delayed again.
Exclusive: Work may have to stop on some North Sea platforms following the latest helicopter tragedy, according to a leading UK oil boss.
The UK Government has backed new technology that stops windfarms interfering with crucial radar systems – a development is being hailed as a “huge step” for renewable energy.
Petrofac has secured a $300million deal to provide duty holder and operations services for EnQuest's North Sea assets.
The state-run company invested $1.13 billion, or 0.8 percent of sales, in R&D last year, the highest rate of the world’s 17 most valuable oil producers, according to data compiled by Bloomberg. Exxon Mobil Corp. spent 0.3 percent.
Demand for subsea vessels could increase by more than half over the next five years as oil and gas field development grows more complex, a new report has claimed.
North Sea appraisal firm Xcite Energy says it has started the hunt for partners to help it develop one of the largest untapped oil resources in the North Sea.
Technip is to lay the world's deepest gas pipeline after securing a new contract for the Gulf of Mexico.
BP and Reliance have struck a new gas discovery off the east coast of India.
Political stability and remaining deposits continue to make the North Sea an investment target for top energy companies, claims Petrofac.
Exclusive: Fresh safety concerns have been raised about a North Sea vessel at the centre of a death probe in 2007.
Renewable energy providers have been warned they must show their fuel is from sustainable sources or face losing government support.
A final decision on investment for the Sea Lion oil field off the Falkland Islands will not now be made until the end of next year, it has emerged.