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Report: Nigeria has the highest number of planned projects in Sub-Saharan Africa

A total of 43 oil and natural gas projects are planned for the Sub-Saharan Africa area and expected to start production by 2025, with Nigeria leading with 11 and Angola having eight, according to...

Report: Nigeria has the highest number of planned projects in Sub-Saharan Africa

M&As this week: Sembcorp Marine, TorcSill Foundations

Sembcorp Marine Ltd has completed the acquisition of a 50% interest in KANFA Aragon AS, from Sevan Marine ASA....

M&As this week: Sembcorp Marine, TorcSill Foundations

Deals this week: Harel, McDermott

Harel Insurance Investments and Financial Services Ltd plans to acquire up to 4% interest in Tamar gasfield from Noble Energy, Inc....

Deals this week: Harel, McDermott

Report: Delays in delivery of Stella’s floating production facility prove costly for Petrofac

The starting of production from the UK's Stella field has been delayed by necessary modifications and delivery of the floating production vessel by Petrofac, according to a report by GlobalData....

Report: Delays in delivery of Stella’s floating production facility prove costly for Petrofac

Statoil completes acquisition of JX Nippon's 45% stake in Utgard field

Statoil has completed the acquisition of JX Nippon's 45% equity share and operatorship of the UK licence P312 Block 16/18a for the Utgard gas and condensate field in the North Sea....

Statoil completes acquisition of JX Nippon's 45% stake in Utgard field

Report: Wintershall’s Maria development faces early decommissioning

The Maria field risks early decommissioning due to the global oil crisis resulting in lower than forecasted fuel prices, according to a report by GlobalData....

Report: Wintershall’s Maria development faces early decommissioning

Deals this week: CITIC Resources, Providence Resources

CITIC Resources Holdings Limited has signed a memorandum of understanding (MoU) with Itochu Corporation to pursue joint acquisition and development of oil and gas exploration and production assets....

Deals this week: CITIC Resources, Providence Resources

InterMoor completes Shell Malikai TLP operations in offshore Malaysia

InterMoor has finished its work on the Shell Malikai Tension Leg Platform (TLP) float-off operations in offshore Malaysia....

InterMoor completes Shell Malikai TLP operations in offshore Malaysia

Oil prices rise as fears ease over Brexit

Oil prices have risen after polls indicated a fall in support for the UK voting to leave the European Union later this week....

Oil prices rise as fears ease over Brexit

Report: Production from long-delayed Atlanta project to begin by year-end

The Atlanta project is scheduled to start production by the end of this year after facing several delays relating to flow assurance and associated costs, says a GlobalData report....

Report: Production from long-delayed Atlanta project to begin by year-end

Deals this week: ExxonMobil, Europa Oil & Gas, Plexus Holdings

ExxonMobil Corporation and BHP Billiton Limited are planning to sell Gippsland Basin Joint Venture's (GBJV) oil and gas assets in Bass Strait, Australia....

Deals this week: ExxonMobil, Europa Oil & Gas, Plexus Holdings

Oil price drop caused by Brexit fears

Oil prices have experienced a further fall amid worries that the UK might vote to exit the EU next week, while the US Federal Reserve has indicated its plans to two rate increases....

Oil price drop caused by Brexit fears

Sheffield Forgemasters produces two subsea clamps for Nord Stream pipeline project

UK-based Sheffield Forgemasters International (SFIL) has delivered two forged subsea emergency repair clamp bodies for oil states to be used on the Nord Stream gas pipeline....

Sheffield Forgemasters produces two subsea clamps for Nord Stream pipeline project

Polarcus to carry out 3D marine seismic survey offshore South America

Polarcus has received a letter of intent (LoI) from an undisclosed client to carry out an additional broadband 3D marine seismic survey in offshore South...

Polarcus to carry out 3D marine seismic survey offshore South America

Norway approves Statoil’s $991m development of Oseberg Vestflanken 2 field

Norway's Ministry of Petroleum and Energy has sanctioned the Nkr8.2bn ($991m) plan for development and operation (PDO) of Oseberg Vestflanken 2 field by Statoil....

Norway approves Statoil’s $991m development of Oseberg Vestflanken 2 field

Crude oil prices falter over concerns about UK's possible EU exit

Crude oil prices have dropped due to increasing worries about the UK’s possible exit from the European Union (EU)....

Crude oil prices falter over concerns about UK's possible EU exit

Aquatic and James Fisher complete project for Ocean Installer Texas in Gulf of Mexico

UK-based Aquatic Engineering & Construction and its partner James Fisher Offshore (JFO) have completed their first global collaboration project for Ocean Installer Texas in the Gulf of Mexico....

Aquatic and James Fisher complete project for Ocean Installer Texas in Gulf of Mexico

TransCanada to build $2.1bn Sur de Texas-Tuxpan pipeline in Mexico

TransCanada and its joint venture with Sempra Energy's subsidiary IEnova and Infraestructura Marina del Golfo (IMG) has secured a contract for the $2.1bn Sur de Texas-Tuxpan offshore natural...

TransCanada to build $2.1bn Sur de Texas-Tuxpan pipeline in Mexico

Oil prices decline after Germany announces to cut Britain off from EU

Oil prices have dropped after Germany said that it would cut Britain off from the European Union (EU) single market if it votes to leave this month....

Oil prices decline after Germany announces to cut Britain off from EU

Diamond Offshore and Trelleborg to develop helical buoyancy riser technology

US-based Diamond Offshore and the marine operation of Swedish engineering group Trelleborg have signed an agreement to jointly develop, manufacture and market helical buoyancy riser technology. ...

Diamond Offshore and Trelleborg to develop helical buoyancy riser technology

Petrofac to provide services for Bumi Armada’s Olombendo FPSO

Oilfield services provider Petrofac has secured a contract to provide a condition monitoring programme for Bumi Armada’s Olombendo floating, production, storage and offloading (FPSO)...

Petrofac to provide services for Bumi Armada’s Olombendo FPSO