Upstream

The Ichthys Project aims to develop a gas and condensate field roughly 130 miles (200km) off the north-west coast of...

America

Crude 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...

Africa

Eni 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...

Europe

Kongsberg to deliver technology for Statoilâ€™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...

Drilling

Edison 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...

Middle East & South Asia

Viper Subsea partner to deploy line insulation monitor units into North Sea fields

An unidentified sponsor of Viper Subsea's join industry project (JIP) has proposed to deploy V-LIM line insulation monitor units into...

Asia Pacific

Cue 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...

America

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...

Middle East & South Asia

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...

America

Technip chosen for BPâ€™s Thunder Horse South oil field project in Gulf of Mexico