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Ichthys LNG Project’s FPSO sets sail to Australia

Ichthys LNG Project’s FPSO sets sail to Australia

IOG submits development plan for Blythe and Elgood offshore fields

Independent Oil and Gas has submitted the field development plan (FDP) to the UK Oil and Gas Authority (OGA) for its Blythe Hub, which hosts the Blythe and Elgood fields in the UK's Southern...

IOG submits development plan for Blythe and Elgood offshore fields

Oil prices remain stable as fuel stocks in US decline

Oil prices have remained steady as crude inventories in the US dropped, according to...

Oil prices remain stable as fuel stocks in US decline

Oil prices fall on rising US stocks and OPEC output

Oil prices have fallen after reports of an increase in US crude stocks and continuous higher output from OPEC producers despite the ongoing output-cut deal....

Oil prices fall on rising US stocks and OPEC output

Sofec to supply turret mooring system for Mozambique’s offshore gas project

Modec Group company Sofec has secured a contract from the TechnipFMC and JGC joint venture (JV) to supply the Turret Mooring System for Coral South Project in offshore...

Sofec to supply turret mooring system for Mozambique’s offshore gas project

GE and Maersk Drilling extends partnership to cut well costs

GE and Maersk Drilling extends partnership to cut well costs

Oil prices remain stable over balanced supply and demand

Oil markets have remained steady as global oversupplies from increased US production and OPEC surpluses were balanced by demand....

Oil prices remain stable over balanced supply and demand

Equatorial Guinea and Cameroon to develop offshore gasfields

The governments of Equatorial Guinea and Cameroon have agreed to jointly develop two contiguous gas discoveries near the countries' maritime...

Equatorial Guinea and Cameroon to develop offshore gasfields

Statoil makes gas discovery in Barents Sea

Statoil makes gas discovery in Barents Sea

OGA awards 12 offshore licences to ten companies

The UK Oil and Gas Authority (OGA) has awarded 12 licences to a total of ten companies in the 2016 Supplementary Offshore Licensing Round. ...

OGA awards 12 offshore licences to ten companies

Oil prices improve over signs of fall in US output

Oil prices have improved due to reports of a slowdown in the growth of rigs in the US, along with strong refinery demand from China....

Oil prices improve over signs of fall in US output

Exxon Mobil signs PSC for Block 59 in offshore Suriname

Exxon Mobil signs PSC for Block 59 in offshore Suriname

NOC gains operatorship of Al-Shaheen oilfield offshore Qatar

Total and Qatar Petroleum partnership North Oil Company (NOC) is set to take over operatorship of the Al-Shaheen offshore oilfield, Qatar. ...

NOC gains operatorship of Al-Shaheen oilfield offshore Qatar

Oil prices drop due to increased fuel inventories

Oil prices have fallen amid increased inventories of fuel, as well as due to improving industry efficiency....

Oil prices drop due to increased fuel inventories

Van Oord to provide rock placement services for Nord Stream 2 project

Van Oord has signed a letter of intent (LoI) worth €250m in joint venture with Boskalis to provide rock placement services for the Nord Stream 2 project....

Van Oord to provide rock placement services for Nord Stream 2 project

Deals this week: Statoil, Shell Offshore

Statoil ASA has agreed to acquire a 10% stake in BM-S-8 licence in Brazil from QGEP Participacoes SA for $379m....

Deals this week: Statoil, Shell Offshore

Shell signs agreement to sell stake in Shell E&P Ireland Limited for up to $1.23bn

Royal Dutch Shell has signed an agreement via its affiliate Shell Overseas Holdings Limited with Canada Pension Plan Investment Board (CPPIB) subsidiary CPP Investment Board Europe SARL to sell...

Shell signs agreement to sell stake in Shell E&P Ireland Limited for up to $1.23bn

Oil prices fall as IEA reports weak compliance from OPEC

Oil prices have declined following a report by the Paris-based International Energy Agency (IEA) stating that market rebalancing may be delayed due to weak compliance with regard to output...

Oil prices fall as IEA reports weak compliance from OPEC

Billion barrel oil discovery in Gulf of Mexico could encourage more investments for Mexico

An international consortium led by Mexico has found a significant oil discovery in the Gulf of Mexico, which is expected to draw investments from major oil firms....

Billion barrel oil discovery in Gulf of Mexico could encourage more investments for Mexico

Erin Energy to double production at Oyo-9, offshore Nigeria

Erin Energy is planning to double production at the Oyo-9 oil well in offshore Nigeria once operations begin at the site....

Erin Energy to double production at Oyo-9, offshore Nigeria

Statoil and Husky Energy hit dry wells in offshore Newfoundland

Statoil and partner Husky Energy have hit two dry wells following an exploration drilling programme in the Flemish Pass Basin in offshore Newfoundland, Canada....

Statoil and Husky Energy hit dry wells in offshore Newfoundland
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