BP to develop £10billion Khazzan tight gas project in Oman
BP has struck one of the largest gas deals in the Middle East after getting the go-ahead to develop the giant £10billion Khazzan project in Oman.
BP has struck one of the largest gas deals in the Middle East after getting the go-ahead to develop the giant £10billion Khazzan project in Oman.
Aberdeen-based oil group Dana Petroleum has moved further into Europe after spending more than £26million on snapping up two more licences.
GE Oil and Gas has struck a deal to buy outright marine gear makers Allen Gearing Solutions.
Norway's oil output rose by 8% for November as fewer shut-ins boosted the country's production levels.
The rapid growth of Australia's natural gas industry could offer a new home for expat oil workers, migration experts have warned.
Struggling North Sea oil firm Antrim Energy has been given a lifeline after having spending restrictions lifted until the end of February.
Wintershall is to sell off more than a dozen North Sea licences after striking a £230million deal with Hungarian oil firm MOL.
US oil producers Eagle Energy have been boosted after a £183million cash injection from a private equity firm.
Floating production group BW Offshore is to buy a 30% stake in the Polvo oil field off the Brazilian coast.
Danish energy giant Dong is to take over development of the UK's Race Bank wind farm after striking a £50million deal with Centrica.
European energy ministers have failed to strike a compromise deal on limiting food crop biofuels - leaving the industry in limbo until after next year's elections.
An offshore support firm is looking to strengthen its position in the oil and gas market after a £65million cash boost.
A young trainee from Edinburgh has won this year's OPITO Apprentice of the Year award.
Seismic exploration firm SeaBird has been dealt a blow after a contract originally due to kick-off last month was scrapped.
US oil giant Chevron says it will cut back on the amount it spends on exploration next year - as it sees the cost of its giant liquefied natural gas project in Australia soar.
A new system for monitoring undersea oil pipelines for leaks and damage is to be developed.
Plans to develop the Blythe and Skipper North Sea licences are to be given extra time while the sale of one of the project's partners goes through.
Bristow is to provide air support for BP's giant West of Shetland oil projects after securing a £125million deal with the oil giant.
Statoil's persistence in the Barents Sea looks to have paid off after the Norwegian oil giant made a new discovery on the fringes of the giant Johan Castberg field.
African-focused oil producer Sirius Petroleum has been boosted after a new evaluation of its Ororo field in Nigeria showed higher oil levels than previously expected.
Gas major BG Group says it has made a second major discovery off Tanzania, taking its resources in the country to around 15 trillion cubic feet.
Workers taken off the Buchan Alpha platform after last week's hurricane are due to return to work before the end of this week, it has been confirmed.
Dramatic footage showing the impact of the hurricane which forced workers to be pulled off their oil platforms has been shot by North Sea staff.
New plans for developing the Blackbird North Sea field with a new production well have been given the go-ahead by authorities.
French oil giant Total is to buy a 61.3% stake in InterOil's Papua New Guinea's large gas fields after agreeing a deal worth up to $3.6billion.