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Crude oil prices rise due to dip in US inventories
29 May, 2015
Crude oil prices on Friday increased around 1% following a decline in the US inventories for a fourth straight week....
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Norwegian energy consortium halts seismic tests in Canadian Arctic
Friday, May 29, 2015 A Norway-based energy consortium has postponed plans to conduct seismic testing in the waters off Baffin Island in the Canadian Arctic....

W&T Offshore announces first production from SS #6 well in Gulf of Mexico
Friday, May 29, 2015 W&T Offshore has announced a new discovery at Ewing Banks 910 and first production from the SS #6 well at Mississippi Canyon 538 field (Medusa) located in the deepwater of the Gulf of Mexico....

Harris CapRock to provide telecommunications for Hess’s Stampede offshore project
Friday, May 29, 2015 US-based oil company Hess has selected Harris CapRock Communications to provide, integrated telecommunications solutions to support the company's Stampede offshore field development project in...

Oil prices improve due to weaker dollar
Thursday, May 28, 2015 Oil prices have improved after the dollar value dipped, making fuel cheaper for buyers in other currencies....

Atlantic Petroleum to pull-out of Statoil-operated licence in Norwegian Sea
Thursday, May 28, 2015 Atlantic Petroleum has announced its withdrawal from Statoil-operated licence PL602 in the Norwegian Sea....

Knot agrees to acquire Knot Shuttle Tankers for $103m
Thursday, May 28, 2015 UK-based Knot Offshore Partners' subsidiary has signed an agreement to acquire Knot Shuttle Tankers 21 for $103m....

Saudi Aramco awards project to McDermott for 12 jackets off Saudi Arabia
Thursday, May 28, 2015 Saudi Aramco has awarded a contract to McDermott International for the engineering, procurement, construction and installation (EPCI) of 12 jackets offshore Saudi Arabia....

Crude futures edge up due to weaker US dollar
Wednesday, May 27, 2015 Crude futures on have edged up by 1% due to a weaker dollar and expectations that crude stocks in the US declined for a fourth straight week....

Eni discovers gas and condensates offshore Libya
Wednesday, May 27, 2015 Italian oil company Eni has discovered gas and condensates offshore Libya in the Bouri North exploration prospect in Area D....

Kongsberg to deliver technology for Statoil’s Johan Sverdrup filed in North Sea
Wednesday, May 27, 2015 Statoil has awarded an order worth Nkr200m ($26m) to Kongsberg Maritime to deliver its technology for the company's four platforms on the Johan Sverdrup field centre in the North Sea....

Edison Norge gets approval to drill wildcat well in Valhall oil field, North Sea
Wednesday, May 27, 2015 Edison Norge has obtained a drilling permit from the Norwegian Petroleum Directorate to drill wellbore 2/11-11....

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....

Cue Energy begins production from Maari well offshore Taranaki, New Zealand
Tuesday, May 26, 2015 Cue Energy has started production from the Maari MR7A development well located offshore Taranaki, New Zealand. ...

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....

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....

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....

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....

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'....

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....

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....


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