News
Saudi Aramco awards project to McDermott for 12 jackets off Saudi Arabia
Saudi Aramco has awarded a contract to McDermott International for the engineering, procurement, construction and installation (EPCI) of 12 jackets...
Read moreAtlantic Petroleum to pull-out of Statoil-operated licence in Norwegian Sea
Atlantic Petroleum has announced its withdrawal from Statoil-operated licence PL602 in the Norwegian Sea.The company has also announced the farm...
Read moreEni discovers gas and condensates offshore Libya
Italian oil company Eni has discovered gas and condensates offshore Libya in the Bouri North exploration prospect in Area D.According...
Read moreKongsberg to deliver technology for Statoil’s Johan Sverdrup filed in North Sea
Statoil has awarded an order worth Nkr200m ($26m) to Kongsberg Maritime to deliver its technology for the company's four platforms...
Read moreEdison Norge gets approval to drill wildcat well in Valhall oil field, North Sea
Edison Norge has obtained a drilling permit from the Norwegian Petroleum Directorate to drill wellbore 2/11-11. The drilling programme for...
Read moreUGL to operate and maintain fuel terminal network of BP Australia
Australia based UGL has won a three-year contract from BP Australia for operation and maintenance of its 17 fuel terminals...
Read moreCrude futures edge up due to weaker US dollar
Crude futures on have edged up by 1% due to a weaker dollar and expectations that crude stocks in the...
Read moreCue Energy begins production from Maari well offshore Taranaki, New Zealand
Cue Energy has started production from the Maari MR7A development well located offshore Taranaki, New Zealand. The well had...
Read moreCrude oil prices dip on Tuesday due to stronger US dollar
Crude oil prices have fallen following an anticipated increase of US shale output and stronger dollar. Front-month Brent crude prices...
Read moreBarakah contracted to supply pigging accessories for offshore operations in Malaysia
PBJV Group, a subsidiary of Barakah Offshore Petroleum, has secured a contract with Sarawak Shell and Sabah Shell Petroleum to...
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