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Cue Energy begins production from Maari well offshore Taranaki, New Zealand
26 May, 2015
Cue Energy has started production from the Maari MR7A development well located offshore Taranaki, New Zealand. ...
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Crude oil prices dip on Tuesday due to stronger US dollar
Tuesday, May 26, 2015 Crude oil prices have fallen following an anticipated increase of US shale output and stronger dollar....

Barakah contracted to supply pigging accessories for offshore operations in Malaysia
Tuesday, May 26, 2015 PBJV Group, a subsidiary of Barakah Offshore Petroleum, has secured a contract with Sarawak Shell and Sabah Shell Petroleum to supply pigging equipment to offshore Sarawak and Sabah, Malaysia....

Viper Subsea partner to deploy line insulation monitor units into North Sea fields
Tuesday, May 26, 2015 An unidentified sponsor of Viper Subsea's join industry project (JIP) has proposed to deploy V-LIM line insulation monitor units into various North Sea fields in June....

BP, Halliburton and Transocean settle 2010 Deepwater Horizon claims
Friday, May 22, 2015 BP has settled the 2010 Deepwater Horizon financial claims with US-based oilfield services provider Halliburton and Swiss contract drilling company Transocean....

Oil prices fall on Friday due to Middle East supply concerns
Friday, May 22, 2015 Oil prices have fallen over supply concerns following escalating geopolitical disturbance in the Middle East....

Statoil claims Gudrun pipeline leak in North Sea could have been 'fatal'
Friday, May 22, 2015 Statoil has completed its investigation into the leak that occurred on the Gudrun platform in the North Sea in February, stating that it could have been 'fatal'....

Woodside Petroleum to commission Browse LNG project off Australia in 2021
Friday, May 22, 2015 Woodside Petroleum has announced plans to commission the previously postponed Browse floating LNG project off the coast of Australia in late-2021....

Inpex’s $34bn Ichthys LNG project due to open in late-2016
Thursday, May 21, 2015 Japanese oil company Inpex has announced that its $34bn Ichthys project is set to open in late-2016....

DNV develops unmanned FLNG concept for remote offshore gas fields
Thursday, May 21, 2015 DNV GL has developed a new unmanned floating LNG (FLNG) concept called Solitude that makes use of latest technology and can be used for remote offshore gas fields....

Wintershall to quit gas exploration in Qatar
Thursday, May 21, 2015 BASF subsidiary Wintershall is set to end its gas exploration operations in Qatar due to a lack of access to local infrastructure....

Oil price rise on Thursday after fall in US crude stockpile
Thursday, May 21, 2015 Oil price increased to $66 a barrel on Thursday following signs of supply glut concerns easing and fall in US crude stock....

Environmental groups in South Carolina appeal against seismic gun tests for oil and gas
Wednesday, May 20, 2015 Charleston, Folly Beach and Beaufort cities in South Carolina have joined an appeal filed against the first permit to allow for seismic guns to be used to explore oil and gas along the...

Crude oil prices recover larger fall in US crude stocks
Wednesday, May 20, 2015 Prices of crude oil have recovered following reports of larger than expected drawdown of crude stocks in the US and strong economic data from Asian markets....

Support vessel Fugro Symphony catches fire in Peterhead harbour, Scotland
Wednesday, May 20, 2015 More than 80 personnel has been evacuated after a fire on-board the offshore support vessel Fugro Symphony in Peterhead harbour,...

Kosmos Energy encounters additional hydrocarbons offshore Mauritania
Wednesday, May 20, 2015 Kosmos Energy has announced that the Tortue-1 exploration well offshore Mauritania has encountered additional hydrocarbons while drilling to depths of 5,100m....

DEA sells stake in Egypt’s $12bn West Nile Delta project to BP
Tuesday, May 19, 2015 German company DEA has sold its stake in the $12bn West Nile Delta (WND) project in Egypt to its joint venture partner and operator BP....

Australia offers 29 offshore blocks for bidding
Tuesday, May 19, 2015 The Australian Government has identified 29 offshore oil and gas blocks for bidding during its annual Offshore Petroleum Exploration Acreage Release....

BP to reduce stake in oil project off southern Australia
Tuesday, May 19, 2015 BP has announced plans to divest some of its stake in the company's project in the Great Australian Bight. ...

Brent crude oil prices dip on Tuesday following stronger supplies from Middle East
Tuesday, May 19, 2015 Brent crude oil prices fell on Tuesday following amid reports of higher supply from the Middle East, despite conflicts in Iraq, Syria, and Yemen....

Oil prices increase on Monday over supply concerns in Middle East
Monday, May 18, 2015 Oil prices witnessed an increase on Monday over concerns that conflict in Iraq and Yemen could upset...


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