News

Australian company Searcher Seismic has completed the Silver-Eye 3D seismic survey in the Hammerfest Basin, Norwegian Barents Sea.Consisting of 3,000km²,...

Oil prices increased on Monday following an announcement made by Russia, one of the world's top three oil producers, that...

Lundin Norway, the subsidiary of Swedish oil and gas company Lundin Petroleum, has commenced drilling of exploration well 7220/6-2 on...

Geophysical services company Electromagnetic Geoservices (EMGS) has signed an extended charter agreement with Norway-based BOA SBL for its BOA Thalassa...

Statoil acquired First Oil's 24% share in the UK licence for the Alfa Sentral gas and condensate field in the...

Peru hydrocarbons licensing authority Perupetro has awarded a two year contract to Pacific Stratus Energy Del Peru, a subsidiary of...

Partners ConocoPhillips and Total have started production at the Surmont 2 in-situ oil sands facility in Canada.Construction for the facility,...

Petroleo Brasileiro (Petrobras) will need an additional investment of $4.3bn for completing development of Comperj refinery project which is located...

German engineering giant Siemens has won a contract from Magnolia LNG for delivering initial ten compressor trains for a liquefied...

The Quebec Government has approved the Stolt LNGaz project which includes plans to develop a natural gas liquefaction plant in...