Regulatory approval has been given for Norway's prestigious Ivar Assen development.
[Read more ] • 22.05.2013
Sweden's Lundin Petroleum has missed out on proving up further reserves near Norway's Brynhild discovery with a dry hole to the north of the field.
[Read more ] • 23.05.2013
Drilling is due to commence in a deepwater block offshore Malta in the eastern Mediterranean later this year using a Noble deepwater semi-submersible.
A British company is proposing to turn coal buried under the North Sea into a potential new gas resource.
[Read more ] • 21.05.2013
London-listed Tower Resources says a new exploration well drilled offshore Namibia has helped prove up hydrocarbon potential in the region.
Statoil and ExxonMobil have selected FMC Technologies for the supply of subsea equipment for the Julia field development in the US Gulf of Mexico.
[Read more ] • 17.05.2013
Premier Oil's interim statement today underlined the success it is enjoying in the North Sea and internationally.
[Read more ] • 16.05.2013
Offshore wind developers SSE and Fluor have settled a contract dispute over the turbine foundations used at the Greater Gabbard wind farm in the North Sea.
[Read more ] • 15.05.2013
Torshavn-based Atlantic Petroleum has finalised a deal to farm in to a minority share of the Dunquin licence off the west coast of Ireland where operator ExxonMobil recently kicked off a drilling programme.
Statoil is facing a price-fixing investigation by the Norwegian Competition Authority on behalf of the European Commission which is looking into anti-competitive agreements.
Technip has bagged a deal to deliver new equipment for the Statoil-operated Norne field.
[Read more ] • 14.05.2013
Another Irish explorer has opened a data room in a bid to attract partners to its acreage.
Offshore developer Xcite Energy has kicked off a farmout process for its UK North Sea Bentley field and upgraded reserve estimates.
[Read more ] • 20.05.2013
Total has been given clearance to drill its Norvarg II exploration well in the Barents Sea with the Leiv Eiriksson semi-submersible.
[Read more ] • 13.05.2013
Norwegian explorer Noreco has appointed a former oil and gas investor as its new chief executive.
UK explorer Ithaca Energy has cut its exploration cost commitments in the North Sea by US $45 million after buying up Valiant Petroleum last month.
London-listed rig builder and refurbishment group Lamprell says it has an order book bulging with US $1.2 billion new work and contract bids in the pipeline worth another $4 bn.
Operator Husky Energy has taped a major Norwegian contractor to provide ongoing support at its White Rose offshore field development.
[Read more ] • 10.05.2013
ExxonMobil has revealed that the deepwater Julia field development in the US Gulf of Mexico which is to be progressed jointly with Statoil will cost in the region of US $4 billion.
Drilling is underway on the Cebus prospect in the Guyane Maritime Permit offshore French Guiana to follow up the previous Zaedyus discovery.
Six more licence blocks offshore Brazil have boosted Statoil's standing in the growing South American exploration sector.
Statoil along with ExxonMobil has decided to go ahead with the Julia subsea field development in the US Gulf of Mexico which will be tied back 15 miles to the Chevron-operated Jack and St Malo development.
[Read more ] • 08.05.2013
Aker has said the costs of the new Ekofisk Zula platform have increased by about NOK 70 million (US $12 million) in the first quarter this year.
Explorer Cairn Energy has taken up opportunities to increase its acreage held offshore Ireland.
[Read more ] • 07.05.2013
Statoil has selected Noble Corporation for the contract to carry out the development drilling on its huge UK North Sea Mariner heavy oil project.
Kosmos Energy's intention to become a part of Ireland's growing offshore sector through the acquisition of exploration licences has been given a go ahead.
North Sea operator Sterling Resources has averted a takeover by securing a deal with some of its largest investors to continue support for the company.
Subsea 7 has announced plans to build a new heavy duty construction ship using Hyundai.
Oil operators offshore Norway are facing up to the prospect of higher development costs after the government suggested a 2% change in petroleum tax which will hit company profits.
Prospects for another Norwegian offshore oil development have been boosted with a successful test on the Luno II discovery.
Construction work has commenced on the steel jackets for the UK North Sea Cygnus field development at a Scottish fabrication facility.
[Read more ] • 03.05.2013
Floating production unit Voyageur Spirit – formerly the Seven Voyageur - has been delivered to Teekay Corporation – releasing Seven Marine from US $230 million of debt.
Sweden's PA Resources has scored a new oil find offshore Equatorial Guinea.
[Read more ] • 02.05.2013
Heavylift vessel Jumbo Fairplayer is preparing to mobilise for EnQuest's North Sea Alma and Galia development by loading up the FPSO mooring system for the project.
UK explorer Trapoil is moving into two North Sea blocks which contain possible developments.