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      Ocean Victory rig set to commence operations at BP’s $2.1bn offshore Juniper project

      BP Trinidad and Tobago (bpTT), a subsidiary of UK-based oil company BP, has announced the arrival of the Ocean Victory rig to commence drilling...

      Enterprise Products plans new crude oil and condensate pipeline in US

      Midstream energy services provider Enterprise Products Partners has signed long-term agreements that support the development of a new pipeline in the US. The 416-mile...

      Subsea 7 to cut 2,500 jobs globally

      Offshore engineering company Subsea 7 has announced plans to cut 2,500 jobs globally by early 2016, citing tough business and economic conditions in the...

      Two US energy firms to jointly develop new natural gas processing facility in Delaware Basin

      Enterprise Products Partners and Occidental Petroleum have agreed to jointly build a new cryogenic natural gas processing plant in the Delaware Basin. Both the...

      Technip chosen for BP’s Thunder Horse South oil field project in Gulf of Mexico

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

      US DoE grants export authorisation for Corpus Christi Liquefaction Project

      US Department of Energy (DoE) has issued final authorisation to Cheniere Energy for the export of Liquefied Natural Gas from its Corpus Christi Liquefaction...

      Encana ceases production at Deep Panuke platform in Nova Scotia due to excess water

      Canadian energy producer Encana has temporarily ceased production at its Deep Panuke offshore natural gas platform in Nova Scotia due to excess water. The...

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      Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

      Falling oil prices and collapsing profit margins are driving the industry to lower costs. Reducing labor costs and gaining supplier concessions can help, but...

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      It's s time for operators developing North America's  unconventional oil and gas reservoirs to embrace a new business model. Today, the typical business model...