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      Statoil starts production at two North Sea oil fields

      Europe
      Norwegian oil and gas firm Statoil has started production at its Fram H-North and Svalin C fields in the North Sea.   Located...

      Technip wins contract to develop Kodiak field in Gulf of Mexico

      America
      French engineering and construction firm Technip has secured a contract from Deep Gulf Energy II to develop the Kodiak field in the Gulf of...

      Xcite Energy, Statoil and EnQuest sign collaboration deal for North Sea oil fields

      Europe
      Xcite Energy Resources, Statoil and EnQuest have signed a collaboration agreement to study the possible use of a common gas import infrastructure between three...

      NEB raises oil, gas resource estimates for Northwest Territories

      Exploration Development
      Canada’s National Energy Board (NEB) on Nov. 25 released its “Assessment of Discovered Conventional Petroleum Resources in the Northwest Territories and Beaufort Sea,” revealing...

      Woodside enters license offshore Morocco

      Exploration Development
      Woodside Petroleum Ltd. has secured another area offshore Morocco by taking up a reconnaissance license with the country’s national oil company over an ultradeepwater...

      Production starts at Tubular Bells field in US Gulf of Mexico

      America
      Energy firm Hess and Chevron USA have commenced production at the Tubular Bells field, located in the Mississippi Canyon area of the deepwater US...

      Brent crude increases towards $80 ahead of OPEC meeting

      America
      Brent crude increased to $80 a barrel today as struggling oil prices try to cope with ample supply concerns ahead of the Organization of...

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      US Polyethylene Export Market Report 2017-2020

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      Petrochemical Update released a detailed new whitepaper today, the US Polyethylene Export Market Report 2017-2020 a large 60+ page report detailing the fast-changing US...

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

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      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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