Saudi Aramco has awarded a contract to McDermott International for the engineering, procurement, construction and installation (EPCI) of 12 jackets...
Read moreDetailsAtlantic Petroleum has announced its withdrawal from Statoil-operated licence PL602 in the Norwegian Sea.The company has also announced the farm...
Read moreDetailsThe Ichthys Project aims to develop a gas and condensate field roughly 130 miles (200km) off the north-west coast of...
Read moreDetailsCrude futures on have edged up by 1% due to a weaker dollar and expectations that crude stocks in the...
Read moreDetailsItalian oil company Eni has discovered gas and condensates offshore Libya in the Bouri North exploration prospect in Area D.According...
Read moreDetailsStatoil has awarded an order worth Nkr200m ($26m) to Kongsberg Maritime to deliver its technology for the company's four platforms...
Read moreDetailsEdison Norge has obtained a drilling permit from the Norwegian Petroleum Directorate to drill wellbore 2/11-11. The drilling programme for...
Read moreDetailsCue Energy has started production from the Maari MR7A development well located offshore Taranaki, New Zealand. The well had...
Read moreDetailsCrude oil prices have fallen following an anticipated increase of US shale output and stronger dollar. Front-month Brent crude prices...
Read moreDetailsPBJV Group, a subsidiary of Barakah Offshore Petroleum, has secured a contract with Sarawak Shell and Sabah Shell Petroleum to...
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