Upstream

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

Woodside Petroleum Ltd. has secured another area offshore Morocco by taking up a reconnaissance license with the country’s national oil...

Canada’s National Energy Board (NEB) on Nov. 25 released its “Assessment of Discovered Conventional Petroleum Resources in the Northwest Territories...

OAO Gazprom and PetroVietnam on Nov. 25 signed a framework agreement for the joint development of two fields in Russia....

Unique Maritime Group subsidiary Unique Hydra (UH) has introduced the HYDRACraft diving daughtercraft system.   This is designed for diving...

Topaz Energy and Marine has added four new DP-2 platform supply vessels (PSVs) to its fleet this year: Topaz Seema,...

Exploratory drilling has started at the Sepand gas field, 250 km (155 mi) from Kish Island in the Persian Gulf....

TEL AVIV, Israel – Delek Drilling says a review has raised estimated natural gas and condensate resources in the deepwater...

GE Oil & Gas has secured a contract to supply its gas turbine-driven compressor train and mechanical drive technology to...

General Electric (GE) has opened its new $500m global research and development (R&D) centre in Brazil, which will focus on...