News

Sterling Energy Mauritania (SEML) has signed an agreement with Tullow Mauritania to acquire a 13.5% interest in the production sharing...

The Californian Senate has passed a new law to ban new offshore oil drilling in a nearby marine protected area...

British energy company SSE has signed a long term gas supply deal with Norwegian oil and gas producer Statoil to...

US based International Western Petroleum (IWP) has completed acquisition of working interests in two multi-well production assets in the Bend...

Saudi Aramco has awarded a contract to McDermott International for the engineering, procurement, construction and installation (EPCI) of 12 jackets...

Atlantic Petroleum has announced its withdrawal from Statoil-operated licence PL602 in the Norwegian Sea.The company has also announced the farm...

Australia based UGL has won a three-year contract from BP Australia for operation and maintenance of its 17 fuel terminals...

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...