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      Statoil claims Gudrun pipeline leak in North Sea could have been ‘fatal’

      Statoil has completed its investigation into the leak that occurred on the Gudrun platform in the North Sea in February, stating that it...

      Brent crude oil prices dip on Tuesday following stronger supplies from Middle East

      Brent crude oil prices fell on Tuesday following amid reports of higher supply from the Middle East, despite conflicts in Iraq, Syria, and Yemen....

      Australia offers 29 offshore blocks for bidding

      The Australian Government has identified 29 offshore oil and gas blocks for bidding during its annual Offshore Petroleum Exploration Acreage Release. The release comprises...

      Kosmos Energy encounters additional hydrocarbons offshore Mauritania

      Kosmos Energy has announced that the Tortue-1 exploration well offshore Mauritania has encountered additional hydrocarbons while drilling to depths of 5,100m. The well...

      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...

      Crude 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 dipped 21 cents at...

      Barakah 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 supply pigging equipment to...

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      US Polyethylene Export Market Report 2017-2020

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      Enterprise SSD: More Than Just a New Kind of Hard Drive

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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...