Wärtsilä takeover talks with Rolls-Royce dropped
Power plant builders Wärtsilä say they have ended takeover talks with Rolls Royce over a deal to buy the £5.5billion-vallued firm.
Power plant builders Wärtsilä say they have ended takeover talks with Rolls Royce over a deal to buy the £5.5billion-vallued firm.
Oil exports from Kurdistan are set to begin by the end of this month, the Iraqi region's government has confirmed.
Production has resumed again from Europe's only LNG plant after being closed at the weekend due to a gas leak.
Wood Group has landed a deal to carry out verification work on Statoil's Mariner field project.
Midwater drilling specialists Songa Offshore saw earnings from its Songa Trym rig hit after the December North Sea storms.
Lundin Petroleum will look to spend almost $2.1billion (£1.3billion) on oil projects over the next year - after admitting it faces delays on the Brynhild and Boyla fields.
North Sea storms and the polar vortex freezing the USA have been blamed after oil giant ConocoPhillips cut its fourth quarter production estimates.
Ithaca Energy is closing in on a 30,000 barrels per day target for its Stella North Sea field after successful new tests from its latest well.
Oil drilling specialists Varel have been snapped up in a £450million deal by Swedish engineering group Sandvik.
Canadian oil group Bankers Petroleum has been boosted by its Albanian operations after seeing a 21% rise in output.
Cable protection firm Tekmar is to support a major offshore windfarm project in Holland after landing a trio of contracts.
Aker Solutions has named the former director of global subsea operations at FMC Technologies as its new boss in the UK.
The Enoch field could remain shut until the middle of this year as the ongoing technical problems which have left it closed for two years continue.
Production is under way from the Juliet North Sea gas field, operator GDF Suez has confirmed.
Engineering group Amec has landed a £255million deal to support a group of major projects for Kuwait's national oil company.
The company behind a giant offshore wind farm in the North Sea has slashed the planned output from the project.
Asian explorers UMC Energy are closing in on plans for their permits in Papua New Guinea after securing more than 3000km of seismic data.
Europe's only liquefied natural gas plant has been shut down after operator Statoil discovered a leak last night.
Irish explorer Circle Oil has named former Nautical Petroleum chief Steve Jenkins as its new chairman.
Up to 150 new jobs are set to be created after engineering group Amec landed a six-year deal to provide engineering services for Nexen's North Sea operations.
First production from the second well on the Rochelle North Sea field has been delayed after the recent storms in the North Sea, it has emerged.
The co-chair of a key offshore safety body will be guest speaker at an event aimed at highlighting improvements in offshore workplaces later this month.
The wind energy industry has been given a boost after smashing the record for the amount of British electricity generated for the second time in three months.
Oil major Shell has stepped up its presence in the liquefied natural gas market after completing a £2.5billion to buy Repsol's non-US operations.
North Sea operator Statoil has made two new gas and oil finds close to its Oseberg field.