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      Oil drops below $97 on weak Chinese industrial data and strong US dollar

      The price of Brent crude oil declined below $97 a barrel today amid weak Chinese industrial data and a strong US dollar.   According...

      Arup’s ACE platform nears installation on Xcite’s Bentley Oil Field

      Arup is close to installing the Arup Concept Elevator (ACE) platform on Xcite Energy Resources' Bentley Oil Field located in the UK section of...

      Azonto Petroleum seeks exploration extension for Accra Block, offshore Ghana

      West Africa-focused oil and gas firm Azonto Petroleum has applied to further extend the exploration period for the Accra Block, offshore Ghana. The Accra Block...

      Brent crude drops below $97 on strong supplies

      The price of Brent crude declined below $97 a barrel today due to excess supply and a strong US dollar, which outweighed concerns over...

      Semco Maritime secures first orders for three new UK rig projects

        Danish engineering firm Semco Maritime has secured first orders for three new rig projects at Invergordon, UK.   The orders are for...

      Sevan Marine wins FEED contract to support Premier Oil’s Bream field in Norway

      Sevan Marine has secured a front-end engineering and design contract (FEED) to support Premier Oil's Bream field in the Norwegian Central North Sea.  ...

      Oil drops below $97 on abundant supplies

      The price of Brent crude declined below $97 a barrel today amid abundant supplies and weak European economic data, which outweighed increasing political tensions...

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