Latest News

Statoil starts drilling on the Verbier Prospect, UK North Sea

Statoil (UK) has commenced drilling operations on well 20/05b-13 in UK Seaward Licence P.2170, blocks 20/5b & 21/1d, located in the North Sea,...

Statoil starts drilling on the Verbier Prospect, UK North Sea

Topaz secures $100m vessel supply contract with Dragon Oil

Topaz secures $100m vessel supply contract with Dragon Oil

CGG begins Gippsland regeneration project in Australia

CGG has commenced its Gippsland ReGeneration 3D reprocessing project in Gippsland Basin located in south-east...

CGG begins Gippsland regeneration project in Australia

Woodside makes third gas discovery in Southern Rakhine Basin, offshore Myanmar

Australian oil and gas company Woodside’s Pyi Thit-1 exploration well drilled in Block A-6 in the Southern Rakhine Basin has intersected a gross gas column of approximately...

Woodside makes third gas discovery in Southern Rakhine Basin, offshore Myanmar

Talos Energy completes drilling of Zama-1 well, offshore Mexico

Talos Energy has completed drilling of the Zama-1 exploration well in offshore Mexico in collaboration with joint venture partners Sierra Oil and Gas and Premier Oil....

Talos Energy completes drilling of Zama-1 well, offshore Mexico

Faroe Petroleum reports success in Brasse sidetrack well drilling

Faroe Petroleum has reported further success in the appraisal of Brasse discovery in the Norwegian North...

Faroe Petroleum reports success in Brasse sidetrack well drilling

ExxonMobil discovers further oil in offshore Guyana

ExxonMobil has discovered additional oil resource in the Payara reservoir in offshore Guyana, improving the discovery's potentiality to approximately 500 million oil-equivalent...

ExxonMobil discovers further oil in offshore Guyana

CNSOPB issues calls for bids for three offshore licences

Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) has issued its NS17-1 call for bids for exploration licences covering three locations east of Cape Breton...

CNSOPB issues calls for bids for three offshore licences

OGA releases data for UK Central North Sea and Moray Firth maps

The UK Oil & Gas Authority (OGA) has released its first set of regional geological maps and datasets that cover the Central North Sea and Moray Firth, under a three-year contract with...

OGA releases data for UK Central North Sea and Moray Firth maps

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

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

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

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

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

Cairn Energy finds oil at South Fan prospect, offshore Senegal

Cairn Energy has discovered a hydrocarbon-bearing reservoir and oil at the exploration FAN South-1 well in the South Fan prospect in offshore...

Cairn Energy finds oil at South Fan prospect, offshore Senegal

Statoil to start three-well exploration drilling campaign in UK

Statoil has plans to begin a exploration drilling campaign on three wells on the UK Continental Shelf. ...

Statoil to start three-well exploration drilling campaign in UK

Statoil to drill exploration well in Barents Sea

Petroleum Safety Authority of Norway has given its approval to Statoil to drill an exploration well in block 7435/12 in the Barents Sea....

Statoil to drill exploration well in Barents Sea

ION to conduct 2D seismic programme offshore Gabon

US-based company ION Geophysical is set to conduct a new 2D multi-client programme offshore Gabon in cooperation with the Gabon Ministry of Petroleum and Hydrocarbons (DGH). ...

ION to conduct 2D seismic programme offshore Gabon