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.
[Read more ] • 17.05.2013
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.
[Read more ] • 15.05.2013
Norwegian explorer Noreco has appointed a former oil and gas investor as its new chief executive.
[Read more ] • 13.05.2013
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.
[Read more ] • 08.05.2013
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.
Noble Energy has introduced new changes to its senior management structure which will affect its Eastern Mediterranean operations and the giant Tamar gas field development in the Mediterranean Sea.
[Read more ] • 30.04.2013
BP has increased its first quarter profit to US $4.2 billion this year.
British-based Centrica's ambitions to grow in the North American gas market have been boosted with a Can. $1 billion (£650 million) deal to buy new assets under an upstream venture with Qatar Petroleum International.
[Read more ] • 15.04.2013
Aker Solutions has said the costs for building a new Ekofisk field platform have risen due to quality issues with a sub contractor.
[Read more ] • 29.04.2013
British-based RPS Group is acquiring oil and gas expert consultant Knowledge Reservoir, head-quartered in Houston.
[Read more ] • 23.04.2013
New shares were being issued by UK listed Ithaca Energy today after the completion of a takeover of another North Sea independent Valiant Petroleum.
[Read more ] • 22.04.2013
British-based global energy services group Amec says the prospects for its operations in the North Sea and the US Gulf of Mexico remain good
[Read more ] • 04.04.2013
Construction work is nearing completion on a new Aberdeen headquarters for energy services group Bibby Offshore.
[Read more ] • 28.03.2013
Britain's offshore oil operators and contractors are feeling more confident about their industry and believe it is going to get better.
[Read more ] • 13.03.2013
Settling the Yme platform dispute with Talisman Energy will draw a line under an unhappy period for Single Buoy Moorings one of the company's directors has said.
[Read more ] • 12.03.2013
One of the major players in the offshore construction sector has seen a surge in revenue and year on year net income almost doubled.
[Read more ] • 14.03.2013
An ex-Lasmo executive has been appointed to the board of UK based Hurricane Exploration which is seeking to develop discoveries in the West of Shetlands region.
[Read more ] • 11.03.2013
A new British exploration company has been formed which intends to focus on deepwater sub-Saharan African and capitalise on the success of oil majors which have had success in the Rovuma Basin region.
Two North Sea players are set to combine now Ithaca Energy has reached agreement to take over Valiant Petroleum.
[Read more ] • 01.03.2013
Talisman Energy has agreed to scrap the topsides for the Yme platform in a settlement of the long running North Sea platform construction dispute with SBM.
China's CNOOC Limited now owns Nexen after the US $15.1 billion takeover deal was completed.
[Read more ] • 26.02.2013
North Sea service provider Cosalt Offshore is being bought out by a private equity firm
[Read more ] • 18.02.2013
North Sea operator Ithaca Energy has been pitched into a potential boardroom battle after rejecting a call from two of its shareholders to add two new directors to the board.
[Read more ] • 15.02.2013
A UK firm specialising in steel fastening products has landed a key quality mark allowing it to deliver top class products to Statoil.
Hess is nearing the end of its association with a number of North Sea developments as it completed further exit deals in the region during the last year and commenced decommissioning on others.
Shipbuilding and energy services provider Bergen Group has finalised a deal to sell off its major Rosenberg fabrication facility in Stavanger for NOK 1.088 billion (US $196 m).
[Read more ] • 22.02.2013
Houston-based Endeavour International is hoisting the “for sale” sign for its assets as part of a strategic review.
[Read more ] • 14.02.2013
Nexen Inc has obtained the final regulatory clearance it required for the takeover by China's CNOOC.
[Read more ] • 13.02.2013
Oslo-listed seismic group Polarcus recorded a much improved fourth quarter with a 34% rise in revenue to US $140.4 million
[Read more ] • 12.02.2013