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      Oil falls below $70 as Saudi Arabia cuts crude price to US and Asia

      The price of Brent crude oil fell below $70 a barrel today following Saudi Arabia's decision to cut its monthly prices for crude sold...

      Searcher Seismic to conduct 9,000km 2D survey in Ireland

      Searcher Seismic has announced it will carry out a 9,000km Echidna Regional Broadband 2D seismic survey in Ireland. The survey, which will be undertaken...

      Carnarvon Petroleum to sell remaining interests in Thailand to Berlanga

      Carnarvon Petroleum has agreed to sell its remaining 20% interest in three Thailand oil production concessions to Berlanga Group for $58.2m. The transaction includes...

      Brent crude oil price steadies around $70 a barrel

      The price of Brent crude oil steadied around $70 a barrel today after a near 40% decline since June. Reuters reported that Brent increased...

      EMGS and TGS agree to extend cooperation agreement in Barents Sea

      Electromagnetic Geoservices (EMGS) and TGS have agreed to extend their cooperation agreement in the Barents Sea, Arctic Ocean. Both firms will acquire further 3D...

      Chevron discovers oil at Anchor prospect in US Gulf of Mexico

      Chevron has discovered oil at the Anchor prospect in the deepwater US Gulf of Mexico. The Green Canyon Block 807 Well...

      Subsea 7 wins installation contract for Stampede Project, US Gulf of Mexico

      Subsea 7 has secured an installation contract from energy firm Hess to support the Stampede Project in the deepwater US Gulf of Mexico. ...

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