OGTC looking for North Sea P&A inspiration
The newly opened Oil and Gas Technology Centre is looking for innovative ideas to transform how North Sea oil and gas wells are plugged and abandoned in the future.
Freight firm to offer lessons on avoiding customs pitfalls
Freight company, Petrasco, is undertaking a project to help protect energy firms from incurring customs charges.
Heerema to use world’s largest semi-sub crane vessel
Heerema is to use the world’s largest semi-submersible crane vessel for two new offshore contracts.
Libyan oil field liberated
Libya's biggest oil field, El Sharara, has reopened after armed protesters blocked production.
Mother of 2009 Super Puma victim: Norway crash raises more questions
A mother who lost her son in a North Sea helicopter accident eight years ago said similarities with last year's Norway crash raised serious questions over the safety of the aircraft.
Cyberhawk claims drones driving down costs
Scottish company Cyberhawk claims it has reduced costs for a North Sea offshore company by 50% through the use of its drone technology.
Crescent Point cruises to first quarter profit
Calgary based Crescent Point has made a profit in the first quarter of 2017.
CNOOC production falls, pursuing growth says CEO
CNOOC has reported a fall in production for the first quarter of 2017.
Exxon nets $4billion in Q1 earnings
ExxonMobil more than doubled its earnings to $4billion in the first three months of 2017 compared to the same quarter last year.
North Sea offshore helicopter ’20 seconds’ away from colliding with fast jet
A helicopter was as little as 20 seconds away from colliding with a military jet near Aberdeen.
Subsea ROV finds aerial drone on seafloor
North Sea workers are used to coming across unusual objects on the sea floor - but this latest find is a sign of the times.
UK economy endured worse than expected slowdown
The UK economy endured a worse-than-expected slowdown in the first three months of the year as sliding retail sales and a jump in living costs took its toll on growth.
Global Petroleum facing environmental clash in Italy
Global Petroleum is taking steps to oppose environmentalists who have objected to two offshore licences in the Southern Adriatic Sea.
Petronas looking for E&P partners to deal with CO2 troubled block
Malaysian national oil company Petronas is looking for partners to help deal with "large scale" proven gas discoveries off Borneo, which contain higher than normal levels of Carbon Dioxide (CO2).
KazMunaiGas claims 2016 was ‘fruitful’ despite industry downturn
The chairman of state owned Kazakhstan oil and gas firm KazMunaiGas claims 2016 was "fruitful, despite the challenging circumstances" facing the industry.
Iraq’s first Basra Light crude sold on DME
Iraq's 'Oil Marketing Company', SOMO, has sold its first cargo of Basra Light crude via an auction on the Dubai Mercantile Exchange (DME), trade sources have claimed.
Aker BP to decide within weeks on Arctic wells
Aker BP chief executive Karl Johnny Hersvik is said to have put a time-frame of a matter of weeks on a decision whether to pursue extra Arctic wells.
UK reactor takes first steps towards fusion
Britain’s newest fusion reactor has been fired up and taken the UK one step further towards generating electricity from the power of the stars.
Technip FMC to build sulfate reduction plant offshore Abu Dhabi
Newly merged French-American company TechnipFMC has been awarded a contract to build a sulfate reduction plant offshore Abu Dhabi.
Oil and Gas UK heads to OTC for first time in five years
Oil and Gas UK is heading Stateside to attend the Offshore Technology Conference (OTC) in Houston for the first time in five years.
Trump’s 100 days: ‘It’s given us hope…’, says DGO CEO
Hope may have been Barack Obama's campaign tagline.
Oilex to intervene on Indian wells
Oilex is to perform workovers on two wells at the Cambay Production Sharing Contract in Gujarat, India
BP to sell its stake in SECCO for $1.68billion
BP has announced the $1.68 billion sale of its 50 per cent stake in Shangahi SECCO Petrochemical Company Limited (SECCO) to China Petroleum & Chemical Corporation (Sinopec).
Falcon Oil and Gas flying strong on Australian shale finds
Global oil and gas group Falcon experienced a "landmark" year in 2016, according to chief executive Philip O'Quigley.
UK Govt’s failure to support carbon capture leaves’ major gap’ in emissions plans
The Government’s failure to support the UK’s first large-scale scheme to capture carbon emissions from power plants has left a “major gap” in plans to cut greenhouse gases, MPs have said.