News, views and contacts from the global Offshore industry
 

News

Stay up to date with the latest industry news from the global offshore industry

Latest News

Statoil starts production at two North Sea oil fields
12 September, 2014
Norwegian oil and gas firm Statoil has started production at its Fram H-North and Svalin C fields in the North...
> read more

Price of Brent crude touches above $98 a barrel
Friday, September 12, 2014 The price of Brent crude oil stood above $98 a barrel, indicating that the market has rebounded following a two-year...

Technip wins contract to develop Kodiak field in Gulf of Mexico
Friday, September 12, 2014 French engineering and construction firm Technip has secured a contract from Deep Gulf Energy II to develop the Kodiak field in the Gulf of...

Xcite Energy, Statoil and EnQuest sign collaboration deal for North Sea oil fields
Thursday, September 11, 2014 Xcite Energy Resources, Statoil and EnQuest have signed a collaboration agreement to study the possible use of a common gas import infrastructure between three North Sea oil...

Dana Gas secures $100m financing for Zora offshore gas field
Thursday, September 11, 2014 Dana Gas has secured $100m of financing to develop the Zora offshore gas field in the northern part of the...

Brent declines below $98 on continued supply worries
Thursday, September 11, 2014 The price of Brent crude fell below $98 a barrel on Thursday due to concerns of excess supplies and weak worldwide demand amid geopolitical tensions in the Middle...

Technip wins EPIC contract for Juniper offshore gas project in Trinidad
Wednesday, September 10, 2014 BP Trinidad and Tobago (BPTT) has awarded an engineering, procurement, installation and construction (EPIC) contract to Technip for the development of its Juniper offshore gas...

Expro wins contract to support BP’s Quad 204 project in UK North Sea
Wednesday, September 10, 2014 Expro has secured a seven-year subsea contract from BP for the Quad 204 project, located west of the Shetland Isles in the UK North...

Brent trades below $99 a barrel on weak demand
Wednesday, September 10, 2014 Brent crude traded below $99 per barrel today on continued concerns surrounding increasing supplies and weak worldwide...

Oil trades below $100 on slow economic growth in US and China
Tuesday, September 09, 2014 The price of Brent crude declined below $100 a barrel for the first time since June 2013, amid slow economic growth in the US and...

Shell starts oil production from Cardamom field in Gulf of Mexico
Tuesday, September 09, 2014 Shell has started oil production from its Cardamom subsea development in the deepwater Gulf of...

KrisEnergy starts seismic programmes in Sakti PSC, Indonesia
Tuesday, September 09, 2014 Singapore-based oil and gas firm KrisEnergy has started seismic programmes in its Sakti production sharing contract (PSC) offshore East Java, Indonesia....

Tullow Oil to sell Netherlands subsidiary to AU Energy
Monday, September 08, 2014 Tullow Oil has agreed to sell its Netherlands subsidiary to AU Energy, a subsidiary of Mercuria Energy, for...

Brent remains below $100 after poor US jobs data
Monday, September 08, 2014 For the first time in 14 months, the price of Brent crude dropped below $100 a barrel, following the weak US jobs data and Chinese import growth...

Four Norway companies join oil spill management project
Monday, September 08, 2014 Eni Norge, Statoil, Gdf Suez E&P Norge, OMV Norge and the Norwegian Coastal Administration have partnered with Aptomar on a new industry project to improve oil spill...

BP found to be grossly negligent in 2010 Gulf of Mexico oil spill
Friday, September 05, 2014 A US federal judge has ruled that BP’s willful misconduct and gross negligence led to the Deepwater Horizon oil spill in the Gulf of Mexico in...

Global Petroleum unit agrees Namibia licence extension
Friday, September 05, 2014 Global Petroleum’s Namibia subsidiary has agreed a 12-month extension on petroleum exploration licence No.29 in the Walvis...

Brent crude trades near $102 on strong US dollar
Friday, September 05, 2014 Brent crude oil traded near $102 a barrel on Friday on a strong US dollar, which contributed to a slash in...

Statoil to shut down Huldra platform production in North Sea
Thursday, September 04, 2014 Norwegian oil and gas firm Statoil has decided to permanently shut down its Huldra platform in the North Sea following nearly 13 years of...

Oil declines towards $102 as US fuel stocks increase
Thursday, September 04, 2014 The price of Brent crude fell to $102 a barrel today, as data from the American Petroleum Institute (API) revealed an increase in US fuel...

Downer EDI wins miscellaneous works contract for Gorgon project, Western Australia
Thursday, September 04, 2014 Downer EDI has secured a A$170m ($159m) contract to work on the Gorgon project situated on Barrow Island off the north-west coast of Western...


News Archive


cachename:Newscachekey:rd-1665407042_1857678299_rd-488908060_1857678299_ap1857678299_1857678299_-1811316002