Latest News

Plexus to supply wellhead equipment for offshore wells in Norway

Oil and gas engineering services company Plexus has received an initial purchase order (PO) to supply surface exploration wellhead equipment for Aker BP’s Hyrokkin and Nordfjellet...

Plexus to supply wellhead equipment for offshore wells in Norway

Ramboll to conduct pre-feed study at Al-Shaheen field, offshore Qatar

Ramboll to conduct pre-feed study at Al-Shaheen field, offshore Qatar

Oil prices rise on hopes that exporters may extend output cut deal

Oil prices have increased over expectations that major exporters will extend the ongoing supply curb deal and could also agree to deepen the cuts....

Oil prices rise on hopes that exporters may extend output cut deal

MMT Sweden receives Nord Stream Pipeline inspection contract

MMT Sweden receives Nord Stream Pipeline inspection contract

Deals this week: Ithaca Energy, Perdana Petroleum, GulfMark Offshore

Ithaca Energy Inc has agreed to acquire 25% stake in License P1823 (Block 30/13b) from Premier Oil E&P UK Ltd, which located approximately 30km south-east of the Greater Stella area, UK, in...

Deals this week: Ithaca Energy, Perdana Petroleum, GulfMark Offshore

Cairn Energy completes SNE-6 appraisal well drilling offshore Senegal

Oil and gas exploration company Cairn Energy has completed drilling operations ahead of schedule at the SNE-6 appraisal well, which is located off the shore of...

Cairn Energy completes SNE-6 appraisal well drilling offshore Senegal

Sonardyne technology to help navigate AUV in offshore exploration

Sonardyne technology to help navigate AUV in offshore exploration

Oil prices drop as market remains bloated despite OPEC efforts

There has been a fall in oil prices with crude market remaining oversupplied, OPEC's supply cut efforts....

Oil prices drop as market remains bloated despite OPEC efforts

Heerema Fabrication wins Peregrino II Jacket contract

Heerema Fabrication Group has secured a contract for procurement and construction of the Peregrino II Jacket from South Atlantic Holding on behalf of the Statoil Peregrino II...

Heerema Fabrication wins Peregrino II Jacket contract

Australia announces 21 new offshore areas for oil and gas exploration

The Government of Australia has released 21 new areas for oil and gas exploration under the 2017 Offshore Petroleum Exploration Acreage....

Australia announces 21 new offshore areas for oil and gas exploration

Oil prices slip as US crude stocks rise again

Oil prices have dropped further due to reports of a massive increase in US stocks that triggered growing concerns that Saudi Arabia and Russia’s efforts may not be enough to end the...

Oil prices slip as US crude stocks rise again

Eni begins production from Jangkrik Project, offshore Indonesia

Eni begins production from Jangkrik Project, offshore Indonesia

IPE secures funding to study UK offshore waters

IPE secures funding to study UK offshore waters

African Petroleum announces Ayamé-1X well results

African Petroleum has revealed that the Ayamé-1X exploration well in the Ivory Coast's CI-513 offshore block has reached a total depth of 5,394m, but has not encountered any significant...

African Petroleum announces Ayamé-1X well results

Oil prices extend gains on expectations of rise in crude supply cut deal

Oil prices have continued to grow driven by the joint announcement made by Saudi Arabia and Russia to extend crude supply cuts until the end of March...

Oil prices extend gains on expectations of rise in crude supply cut deal

Proserv wins three decommissioning contracts in North Sea

Proserv wins three decommissioning contracts in North Sea

ABB receives grant to develop subsea technology

ABB has received a grant from the Research Council of Norway to develop subsea technology to be used in the Norwegian Continental Shelf and the Barents Sea....

ABB receives grant to develop subsea technology

Oil prices rise as output cut deal extends

Oil prices have increased by more than 2% after energy ministers of Saudi Arabia and Russia jointly stated that a crude output curb deal would be extended until March...

Oil prices rise as output cut deal extends

M&As this week: McDermott International, Rubicon Oilfield International

McDermott International Inc has announced the signing of an option to acquire the remaining 25% interest in North Ocean 105 AS from Oceanteam...

M&As this week: McDermott International, Rubicon Oilfield International

Senator urges Great Australian Bight oil and gas exploration to stop

South Australian senator Nick Xenophon has recommended that oil and gas exploration should not proceed in the Great Australian Bight due to safety...

Senator urges Great Australian Bight oil and gas exploration to stop

Deals this week: ADES International, The Parkmead Group, 2G Robotics

ADES International Holding Ltd has announced the pricing for its initial public offering of 10,303,030 shares to be $16.50 each....

Deals this week: ADES International, The Parkmead Group, 2G Robotics
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