News

Crude futures on have edged up by 1% due to a weaker dollar and expectations that crude stocks in the...

Italian oil company Eni has discovered gas and condensates offshore Libya in the Bouri North exploration prospect in Area D.According...

Statoil has awarded an order worth Nkr200m ($26m) to Kongsberg Maritime to deliver its technology for the company's four platforms...

Edison Norge has obtained a drilling permit from the Norwegian Petroleum Directorate to drill wellbore 2/11-11. The drilling programme for...

An unidentified sponsor of Viper Subsea's join industry project (JIP) has proposed to deploy V-LIM line insulation monitor units into...

Cue Energy has started production from the Maari MR7A development well located offshore Taranaki, New Zealand.   The well had...

Crude oil prices have fallen following an anticipated increase of US shale output and stronger dollar. Front-month Brent crude prices...

PBJV Group, a subsidiary of Barakah Offshore Petroleum, has secured a contract with Sarawak Shell and Sabah Shell Petroleum to...

BP Exploration & Production has selected Technip for the Thunder Horse South drilling quarters unit expansion project in the Gulf...

Norwegian Governmental supervisory authority, the Petroleum Safety Authority Norway (PSA), has approved Norske Shell's proposal to use the Transocean Barents...