Latest News

Summit Group to develop $500m LNG terminal in offshore Bangladesh

Summit Group has secured a contract from Petrobangla to build a floating liquefied natural gas terminal at offshore Moheshkhali Island within Chittagong division of Bangladesh....

Summit Group to develop $500m LNG terminal in offshore Bangladesh

Chevron Australia begins gas supply from offshore Gorgon Project

Chevron Australia begins gas supply from offshore Gorgon Project

Petronas's PFLNG Satu produces first LNG from Kanowit gasfield, offshore Borneo

Petronas's floating liquefied natural gas (LNG) facility PFLNG Satu has produced its first LNG from the Kanowit gasfield in offshore Sarawak, Borneo....

Petronas's PFLNG Satu produces first LNG from Kanowit gasfield, offshore Borneo

Wintershall spuds first offshore well of Shuwaihat project in Abu Dhabi

Wintershall has spudded SH-6, the first offshore well of Shuwaihat sour gas and condensate field in Abu Dhabi....

Wintershall spuds first offshore well of Shuwaihat project in Abu Dhabi

ECS completes metrology campaign at Julimar with Sonardyne's Connect software

Emas Chiyoda Subsea (ECS) has conducted a metrology campaign in offshore Western Australia with survey software provided by subsea technology company Sonardyne International Ltd....

ECS completes metrology campaign at Julimar with Sonardyne's Connect software

Chevron starts production at Alder field

Chevron North Sea Limited has started production at Alder, a high-pressure, high-temperature (HPHT) gas condensate field in the Central North Sea....

Chevron starts production at Alder field

Oil prices stumble as Donald Trump wins US presidential election

Oil prices have fallen after Donald Trump won the US presidential election, defeating Hillary Clinton....

Oil prices stumble as Donald Trump wins US presidential election

Total signs agreement to develop Phase 11 of South Pars gasfield in Iran

Total has signed a heads of agreement (HoA) with the National Iranian Oil Company (NIOC) to develop Phase 11 of South Pars gasfield in Iran....

Total signs agreement to develop Phase 11 of South Pars gasfield in Iran

Development drilling starts at Te Giac Trang Field off southern Vietnam

SOCO stated that the 2016 development drilling programme has started on the Te Giac Trang (TGT) Field of Block 16-1 in offshore southern Vietnam....

Development drilling starts at Te Giac Trang Field off southern Vietnam

Viking SeaTech delivers essential North Sea asset

Viking SeaTech has completed its first major marine consultancy project in the North Sea with the delivery and safe transit of Ithaca Energy’s FPF-1 floating production facility (FPF) from...

Viking SeaTech delivers essential North Sea asset

Oil prices increase by more than 1%

Oil prices have risen by more than 1% following a commitment from OPEC to cut production....

Oil prices increase by more than 1%

Energy Ventures to invest $200m in North Sea businesses

Independent private equity firm Energy Ventures has allocated $200m to stimulate North Sea businesses amid challenging times for the oil and gas industry....

Energy Ventures to invest $200m in North Sea businesses

Nexen Petroleum plans Buzzard Phase II development, offshore UK

China National Offshore Oil Corporation's Nexen Petroleum is assessing the second phase of Buzzard development in the UK offshore region....

Nexen Petroleum plans Buzzard Phase II development, offshore UK

Deals this week: Statoil, KrisEnergy, Wintershall Norge

Statoil ASA intends to raise $660.11m through issuing 0.75% notes in a public offering....

Deals this week: Statoil, KrisEnergy, Wintershall Norge

Wellesley Petroleum to seek around 40 licences in offshore Norway

Oil firm start-up Wellesley Petroleum plans to secure around 40 licences in oil and gas fields in offshore Norway....

Wellesley Petroleum to seek around 40 licences in offshore Norway

Shell and partners start drilling in Mafia Deep basin in offshore Tanzania

Shell and joint venture partners Pavilion Energy and Ophir Energy have started a drilling programme covering two wells in Block 1 and 4, located in the Mafia Deep basin off Tanzania....

Shell and partners start drilling in Mafia Deep basin in offshore Tanzania

Statoil submits plan for operations at Trestakk field in offshore Norway

Statoil has submitted a plan for development and operation of Trestakk discovery on the Halten Bank to the Norwegian Ministry of Petroleum and Energy....

Statoil submits plan for operations at Trestakk field in offshore Norway

IKM Cleandrill gets Wintershall multi-well mud recovery contract

Wintershall Norge has awarded IKM Cleandrill a contract to provide mud recovery services on multiple offshore...

IKM Cleandrill gets Wintershall multi-well mud recovery contract

Lukoil begins production at Vladimir Filanovsky field in Caspian Sea

Russian oil company Lukoil has started commercial production from Vladimir Filanovsky field in the Caspian Sea....

Lukoil begins production at Vladimir Filanovsky field in Caspian Sea

Petrofac secures contract extension from Mubadala Petroleum

Mubadala Petroleum has signed agreement with Petrofac to modify and extend contracts related to the FPF-003 floating production, storage and offloading vessel in the Jasmine field in the Gulf...

Petrofac secures contract extension from Mubadala Petroleum

Oil prices fall as API report indicates larger inventory build-up

Oil prices have dropped after a trade group's report indicated that US crude inventory stock was nine times higher than previously believed....

Oil prices fall as API report indicates larger inventory build-up