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Norway: February oil production beats NPD’s prognosis

The Norwegian Petroleum Directorate (NPD) has reported that preliminary production figures for February 2015 ...

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Report: Dong Energy selling E&P business?

Bloomberg on Friday reported that Danish energy company DONG Energy hired advisors to explore a potential spin-off ...

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DW: There is hope for Arctic oil

According to the United States Geological Survey, the area above the Arctic Circle holds approximately 90 billion ...

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Total cuts spending by 10%

French oil major Total has today reported a drop in its 4Q 2014 net income.  The company’s adjusted net income was ...

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Job cuts could create Piper Alpha-like disaster

Cuts being made across the offshore oil industry as a result of the falling oil price will compromise safety and ...

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Global Maritime Group names its first CEO

Global Maritime Group has appointed Peder Sortland as its first CEO. In the announcement, the company said that ...

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Santos acquires share in Block R, offshore Malaysia

Japan’s Inpex has said today it will transfer a 10% share in the Deepwater Block R, offshore Malaysia, to ...

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Stirling offers safety course for Oil & Gas pros

Stirling Group, a company specializing Health, Safety and Environment (HSE) services with the head office in UAE, ...

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IndustriALL, Total ink deal to protect 100.000 workers

IndustriALL Global Union yesterday in Davos, Switzerland, signed a landmark agreement with Total, the French oil ...

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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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Inpex: First oil flows from Lucius field in Gulf of Mexico

Japan’s oil company Inpex has announced that on January 16, 2015 first oil started flowing at the Lucius Oil ...

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BP facing $13.7B fine for Deepwater Horizon

Ruling on the issues raised in the Phase 2 trial of the Deepwater Horizon case: the quantification of oil spilled ...

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Repsol’s Canary Islands stint comes to an end

Spanish oil company Repsol has completed the exploration well, located offshore the Canary Islands. The well, ...

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Norwegian shelf is well-equipped to weather tough times

Norwegian Petroleum Directorate has today issued a statement saying that high costs and weaker oil prices could ...

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Deloitte: North Sea needs continued investment

The North Sea needs continued investment from businesses and government through its current period of transition, ...

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Santos reaches milestone in Vietnam

Santos, an independent oil and gas exploration and production company based in Australia has reached a milestone ...

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First steel cut for Catcher FPSO

Cairn Energy, an independent oil and gas company, has informed that first steel has been cut for the ...

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Cyprus-Turkey peace talks still on hold

Nicos Anastasiades, the president of Cyprus has said he will not take part in any negotiations with Turkey, as long ...

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Royal IHC buys Brastec

Royal IHC (IHC) has acquired a majority stake in Brastec Technologies, based in Brazil. Brastec Technologies ...

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DNO: Jawhara-3 water bearing (Tunisia)

DNO ASA, the Norwegian oil and gas operator, and Entreprise Tunisienne d’Activités Pétrolière, holder of the ...

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Jutarnji: Five oil firms want to drill in Adriatic Sea ...

Five oil companies are eager to explore for oil and gas in the Adriatic Sea, offshore Croatia. According to ...

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