News

  • 16 November 2011

    Wood Group secures $500m Talisman Energy contract

    Energy services company Wood Group has received a £500m contract from Canada's Talisman Energy to provide operations and maintenance services for its offshore assets in Orkney, Scotland.

  • 16 November 2011

    AWE to drill Indonesian well

    Australian oil and gas exploration and production company AWE has commissioned a rig to drill the Atlas-1 well on the Titan production sharing contract (PSC) in the East Java Basin,...

  • 16 November 2011

    Oil prices slip as Euro debt crisis continues

    Oil markets fell this morning as the French and German governments discussed the European Central Bank's role in curtailing the worsening debt-crisis in Europe.

  • 15 November 2011

    Technip secures Brynhild subsea contract

    France-based Technip has secured a contract worth €100m from Swedish firm Lundin Petroleum to carry out subsea work on the Brynhild development in the Norwegian North Sea.

  • 15 November 2011

    Oil prices fall on eurozone contagion fears

    Brent crude slipped by 57¢ to stand at $112 this morning on worries that Greece and Italy's new governments may fail to impose reforms on the region's debt crisis.

  • 14 November 2011

    Lundin gets approval for Brynhild field

    Swedish oil and gas company Lundin Petroleum has secured approval from the Norwegian Ministry of Petroleum and Energy to develop and operate the Brynhild field in the Norwegian North Sea.

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