API’s IM standards boost offshore safety

API is continuing to lead the way on safety

CEO: ‘Our focus must now be on resetting BP’

In line with its industry peers, British oil company, BP, will reduce investments in 2015, saying it is taking ...

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BG Group responds to low oil prices. Reduces capex

BG Group, one of UK’s largest energy companies will reduce its capital expenditure for 2015, as a response to ...

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Shell plans to drill offshore Alaska in 2015

Royal Dutch Shell has plans to return to Arctic drilling. The company has revealed its intentions while presenting ...

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5 Oil & Gas companies themes to look out for in 2015

Wood Mackenzie, an energy intelligence group, has issued a list assessing the challenges facing the Majors, ...

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EnQuest cuts 2015 capex

EnQuest, an independent oil and gas exploration and production company has said it will slash its 2015 capital ...

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Wood Mackenzie: Exploration to slow down in 2015 (Norway)

Wood Mackenzie, an energy intelligence company has, in its annual review of Norway’s upstream oil and gas ...

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Sound Oil withdraws takover offer for Antrim

Sound Oil has retracted its proposed takeover offer for Antrim Energy. The company in November announced its ...

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Lamprell expects intense competition for new projects

Lamprell, a builder of offshore drilling rigs, with construction facilities in the U.A.E, expects 2015 to be a ...

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Sterling moves away from exploration

Sterling Resources, a Canadian-listed international oil and gas company headquartered in Calgary, Alberta has said ...

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Baker Hughes rig count: U.S. Offshore rigs down

As usual Baker Hughes has posted Weekly Rig Count reports to its Investor Relations website. According to the ...

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Lundin cuts 2015 expenditure

Swedish oil company Lundin Petroleum AB has announced its 2015 development, appraisal and exploration budget which ...

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Santos cuts 2015 capex to $2 billion

Australian oil and gas company Santos has today reduced its projected 2015 capital expenditure to $2.0 billion from ...

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ExxonMobil: Energy demand to increase on growing middle class

Significant growth in the global middle class, expansion of emerging economies and an additional 2 billion people ...

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ConocoPhillips slashes 2015 capex

ConocoPhillips has announced a 2015 capital budget of $13.5 billion, a decrease of approximately 20 percent ...

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Woodside in Cameroon farm-in. Cheetah well scheduled for 2015

Australia’s oil and gas company Woodside has finalised an agreement with Noble Energy and Glencore to farm in ...

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Site survey starts at Skerryvore. Drilling scheduled for 2015

Parkmead has announced that a site survey has begun at the Parkmead-operated Skerryvore oil prospect, in the UK ...

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Expro to open Tananger base in 2015 (Norway)

International oilfield services company, Expro, plans to open a major new base in Tananger, Norway in summer 2015.

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No trawling during PRM installation for Grane and ...

Work will continue this summer and autumn on installing a Permanent Reservoir Monitoring solutionon Snorre offshore ...

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Pacific Drilling shareholders approve up to $152M in ...

Pacific Drilling S.A. shareholders approved distributions to shareholders in 2015 of up to $152 million in the ...

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CAA: Emergency Breathing Equipment on offshore ...

The UK Civil Aviation Authority (CAA) has announced changes to two of its requirements aimed at improving offshore ...

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SOCO to drill Mer Profond Sud well in early 2015 (Congo)

The Congolese government has approved a farm-out deal between PA Resources and SOCO international. PA Resources ...

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