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Oil drops below $55 on extension of Iran nuclear deadline
01 April, 2015
The price of Brent crude oil futures dropped below $55 a barrel today as negotiations over a nuclear deal between Iran and six world powers extended beyond a Tuesday...
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McDermott to install subsea equipment for Jack and St. Malo fields expansion
Wednesday, April 01, 2015 McDermott International has secured a contract to support the expansion of the Jack and St. Malo fields in the US Gulf of Mexico....

Eni signs two new PSCs for Myanmar offshore blocks
Wednesday, April 01, 2015 Italian energy firm Eni has expanded its exploration activities offshore Myanmar after signing two production sharing contracts...

Total awards services contract to Wood Group
Wednesday, April 01, 2015 Total has awarded a contract to Wood Group for several of its assets in the UK continental shelf...

Brent crude oil continues to drop
Tuesday, March 31, 2015 The price of Brent crude oil fell towards $55 a barrel on Tuesday, as negotiations over a nuclear deal between Iran and six world powers entered their last...

Statoil makes new natural gas discovery, offshore Tanzania
Tuesday, March 31, 2015 Statoil has made a new gas discovery at the Mdalasini-1 exploration well off the Tanzanian...

Bond Offshore Helicopters to provide SAR services in UK Central North Sea
Tuesday, March 31, 2015 Bond Offshore Helicopters has secured a £60m contract to provide search and rescue (SAR) services in the UK Central North...

Harkand wins Maersk Oil North Sea contract
Tuesday, March 31, 2015 Harkand has won a contract to provide diving support vessel (DSV) services to Maersk Oil North...

Statoil starts work on Polarled pipeline installation
Monday, March 30, 2015 Statoil has started laying a 482km pipeline that will transport gas from the Aasta Hansteen field in the Norwegian Sea to Nyhamna in western...

Saipem extends Solstad Offshore's Normand Cutter vessel contract
Monday, March 30, 2015 Solstad Offshore has secured a contract extension from Saipem for its Normand Cutter construction...

Brent drops below $56 on weak demand
Monday, March 30, 2015 The price of Brent crude oil fell below $56 a barrel today, on weak demand and a potential deal over Iran's nuclear...

EIG to invest $1bn in Breitburn Energy Partners
Monday, March 30, 2015 EIG Global Energy Partners has agreed to invest $1bn in Breitburn Energy Partners, a publicly traded independent oil and gas...

Three companies win $2bn Freeport LNG contract in US
Friday, March 27, 2015 A joint venture (JV) between CB&I, Chiyoda International and Zachry Industrial has won a contract worth over $2bn from FLNG Liquefaction 3 for a liquefied natural gas (LNG) train at Freeport LNG...

Oil drops as Middle East supply concerns ease
Friday, March 27, 2015 The price of Brent crude oil fell by over $1 a barrel today, on estimations that the threat of disruption to Middle East supplies due to air strikes in Yemen was...

Fastnet Oil & Gas expands Celtic Sea portfolio with new licence option
Friday, March 27, 2015 Fastnet Oil & Gas has expanded its footprint in the Celtic Sea, offshore Ireland, with a new licensing option, and extensions to several...

Shell extends contract to use Helix Energy's Q4000 vessel in US Gulf of Mexico
Friday, March 27, 2015 Shell has extended its contract to use Helix Energy Solutions' Q4000 vessel for well intervention services in the US Gulf of...

Chevron's subsidiary signs PSC for Block A5 in Rahkine Basin, Myanmar
Thursday, March 26, 2015 Chevron's subsidiary Unocal Myanmar Offshore has signed a production sharing contract (PSC) with Myanma Oil & Gas Enterprise (MOGE) to explore for oil and gas in the Rakhine...

Oil prices increase after Saudi Arabia military operation in Yemen
Thursday, March 26, 2015 The price of Brent crude oil increased over 4% towards $59 a barrel on Thursday after Saudi Arabia and its Gulf Arab allies started a military operation in...

UKOG sees hydrocarbon potential on P1916 offshore Isle of Wight M Prospect
Thursday, March 26, 2015 UK Oil & Gas Investments (UKOG) said its initial subsurface analyses of the P1916 offshore licence on the Isle of Wight confirms the potential for significant un-risked hydrocarbon volumes...

Yokogawa Electric to deliver control systems for Petronas’ second floating LNG facility
Thursday, March 26, 2015 Yokogawa Electric has secured a contract to deliver control systems and safety instrumented systems for Petronas' second floating liquefied natural gas (FLNG) facility,...

Production starts from Maari MR6A development well in New Zealand
Wednesday, March 25, 2015 Cue Energy Resources has started production from the Maari MR6A development well in the Taranaki Basin, offshore New...


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