Latest News

PT Australasia LNG Indonesia selects Arup to develop LNG terminal

Engineering and consulting firm Arup has been selected by PT Australasia LNG Indonesia (AALNG) to assist in the development of a new 2.4 million tonne per annum MTPA liquefied natural gas...

PT Australasia LNG Indonesia selects Arup to develop LNG terminal

Statoil starts production drilling on Mariner field in North Sea

Statoil starts production drilling on Mariner field in North Sea

Oil prices decline again as global production increases

Oil prices fell on Tuesday trading after crude production increased from most of the oil-exporting regions...

Oil prices decline again as global production increases

BP approves Mad Dog Phase 2 project in Gulf of Mexico

BP approves Mad Dog Phase 2 project in Gulf of Mexico

Oil prices reach $55 as OPEC decides to cut production

Oil prices reached $55 after OPEC members agreed to cut production last week. This is the highest price in the last sixteen...

Oil prices reach $55 as OPEC decides to cut production

Wipro secures IT infrastructure contract from Australian oil and gas company Woodside

Wipro Limited was awarded a three year IT infrastructure services and digital transformation contract by Woodside, an Australian oil and gas...

Wipro secures IT infrastructure contract from Australian oil and gas company Woodside

DNV GL secures frame agreement from Aker BP

DNV GL secures frame agreement from Aker BP

Oda field development plan sent to Norwegian Ministry of Petroleum and Energy

UK-based Faroe Petroleum has announced that the licence partners of Oda field have submitted the plan of development and operation (PDO) to Norway's Ministry of Petroleum and Energy....

Oda field development plan sent to Norwegian Ministry of Petroleum and Energy

Deals this week: Shell, BP, Eni

Shell has agreed to acquire gas assets in offshore Trinidad and Tobago from Centrica plc for an initial consideration of $30m. ...

Deals this week: Shell, BP, Eni

Oil prices steady at around $50 following OPEC decision to cut output

Oil prices have reached $50 per barrel on after OPEC decided to cut production at its meeting in Vienna held yesterday....

Oil prices steady at around $50 following OPEC decision to cut output

Energean gains exploitation licence for West Katakolon block, offshore Greece

Energean gains exploitation licence for West Katakolon block, offshore Greece

GustoMSC showcases new Scylax drillship design

Netherlands-based design and engineering company GustoMSC has unveiled a new drillship design, Scylax....

GustoMSC showcases new Scylax drillship design

Hurricane Energy signs agreement to use Aoka Mizu FPSO at Lancaster field

Hurricane Energy signs agreement to use Aoka Mizu FPSO at Lancaster field

Oil prices grow over hopes of production cut

Oil prices have risen by 7% as producers meet in Vienna today and may reach a deal on reducing oil production to support prices....

Oil prices grow over hopes of production cut

BP gains stakes in two exploration prospects in North Sea

BP has acquired interests in North Sea exploration prospects Jock Scott and Craster....

BP gains stakes in two exploration prospects in North Sea

Far and Senegal joint venture partners to begin drilling in SNE oilfield

Far Ltd and its Senegal joint venture partners have agreed to perform a drilling programme in SNE oilfield in offshore Senegal....

Far and Senegal joint venture partners to begin drilling in SNE oilfield

Oil prices fall on doubts over OPEC production cut decision

Oil prices have fallen amid increasing concerns that prominent fuel exporters may not reach an agreement to reduce oil output in the meeting scheduled for tomorrow. ...

Oil prices fall on doubts over OPEC production cut decision

Eni sells 10% stake of Zohr gas field, offshore Egypt

Italian oil and gas company Eni has agreed to sell its 10% participating interest in the Shorouk Concession to BP....

Eni sells 10% stake of Zohr gas field, offshore Egypt

Oil prices gain over prospects of production cuts

Oil prices have recovered after dropping by around 2% in early trading as the market is struggling with prospects that major producers will agree to production cuts to control the global glut....

Oil prices gain over prospects of production cuts

Providence Resources signs contract for Stena IceMAX drill-ship

Ireland-based oil and gas company Providence Resources has signed a contract with Stena Drillmax Ice Limited for use of its Stena IceMAX drill-ship....

Providence Resources signs contract for Stena IceMAX drill-ship

Po Valley gains preliminary production concession in Italy for offshore field

Po Valley Energy has received a preliminary production concession from the Italian Ministry of Economic Development for the company’s 47 billion cubic feet (bcf) offshore Teodorico gasfield in...

Po Valley gains preliminary production concession in Italy for offshore field
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