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Fastnet Awarded Licensing Options over Celtic Sea ...

Fastnet Awarded Licensing Options over Celtic Sea Blocks (Ireland)

Fastnet, the newly listed E&P company focussed on near term exploration acreage in the Celtic Sea and Africa, ...

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Norway: Marathon to Take Over Vilje Operatorship from Statoil

Marathon Takes Over Vilje Operatorship from Statoil

Statoil transfers operatorship of the Vilje field in the North Sea to Marathon Oil Norge.  The agreement does not ...

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Brazil: Maria das Gracas Silva Foster Officially Takes ...

Maria das Gracas Silva Foster Officially Takes Over as Petrobras CEO

Brazil’s President, Dilma Rousseff, was in Rio de Janeiro today (Feb. 13) to attend the inauguration of the new CEO ...

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UK: Subsea 2012 to Attract Over 2.500 Visitors

UK: Subsea 2012 to Attract Over 2.500 Visitors

Europe’s largest subsea event, Subsea 2012, will boast an impressive line-up of international delegates when it ...

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Big Spenders Optimistic over 2012 Outlook

Big Spenders Optimistic over 2012 Outlook

Oil and gas industry leaders have forecast improved performance and higher levels of capital expenditure this year, ...

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UK: Providence Gets Exploration Licence for 103/1 ...

Providence Gets Exploration Licence Over Block Offshore Wales

Providence Resources P.l.c., has been offered an exploration licence over UK seaward block 103/1 in the St ...

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Reliance Sues Indian Government Over D1 & D3 ...

Reliance Sues Indian Government Over Cost Recovery Issue

Reliance industries has begun arbitration proceeding against India’s Government over the decision to restrict ...

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UK Offshore Oil & Gas Industry Could Generate Over ...

UK Offshore Oil & Gas Industry Could Generate Over USD 600 Bln in New Revenues

The UK offshore oil and gas industry could still generate more than £376bn in revenues, according to a report by a ...

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Italy Drafts Legislation to Establish Territorial ...

  Italy is drafting legislation that will establish territorial rights over possible offshore oil and gas ...

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New Aker Solutions’ UK Contract to Guarantee Over ...

Aker Solutions has secured a contract for maintenance, modifications and operations work with an undisclosed ...

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UK: Oil & Gas Professionals Worry Over Lack of ...

  A survey commissioned by GL Noble Denton at the Offshore Europe conference in Aberdeen last week suggests ...

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USA: Halliburton Sues BP Over Macondo Incident

Halliburton  filed claims against BP in Texas state court for negligent misrepresentation, business disparagement ...

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Iran’s Gas Production Capacity to Increase to 1.4 ...

Iran will have the potential to export up to 250 million cubic meters of gas in next two to three years, managing ...

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Peru: Gold Oil Extends 3D Seismic Survey over Block Z34

  Gold Oil has extended the 3D seismic survey over block Z34 offshore Peru.   Source: StockMarketWire.com ...

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COPL in Talks Over Liberian Block Acquisition

  Canadian Overseas Petroleum Limited  has been informed by Peppercoast Petroleum plc ...

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Petrobras will Need Over 100 Brazilian-Built OSVs, KSM ...

Keppel Singmarine Brasil (KSM Brasil), Keppel Offshore & Marine Ltd (Keppel O&M)’s new 7.6-ha ...

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Australia: Fair Work Ombudsman to Prosecute Three Firms ...

The Fair Work Ombudsman is taking a WA offshore oil rig services company, and its sole director, to court over more ...

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USA: BP, Weatherford Reach Settlement Agreement Over ...

BP today announced that it has reached agreement with Weatherford U.S., L.P. (“Weatherford”) to settle ...

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USA: BP, MOEX Reach USD 1 Billion Settlement Over ...

  BP today announced that it has reached agreement with MOEX Offshore 2007 LLC (“MOEX”) and its affiliates, ...

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USA: Transocean Files Cross-Claims Against BP Entities ...

Transocean Ltd. announced today that an affiliate of BP plc on April 20, 2011 filed a cross-claim against ...

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UAE: Lamprell in Talks with MIS Over Possible Takeover Bid

  UAE-based MIS Group , a diversified engineering and contracting group focused on the energy sector, made the ...

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