Norway's Statoil has notched up a subsea first by employing a remote-controlled machine and an underwater welding robot to install a new tie-in point on a live North Sea gas pipeline, without the hydrocarbons transport infrastructure being prepared in advance.
GE Oil & Gas and Brazil's semi state-owned petroleum company Petrobras have signed the world's largest subsea wellhead production contract, worth nearly $1.1billion.
Alstom has struck a deal with Rolls-Royce to acquire Tidal Generation Limited (TGL), a wholly-owned subsidiary based in Bristol for a so far undisclosed sum.
Shale gas is set to radically shake up the balance of global gas supplies and is described by DNV as a "game changer" . . . from the US, to Europe, to Asia-Pacific and elsewhere too.
ExxonMobil plans to drill the huge Dunquin gas/condensate prospect out to the west of Ireland early next year using the Eirik Raude semi-submersible rig owned by Norwegian group Ocean Rig UDW.
Dana Petroleum is on track to achieve board sanction for its £1billion ($1.6billion) North Sea Western Isles development this month and anticipated Government approval of the field development plan before the end of the year.
Rowan is to press ahead with the construction of a fourth GustoMSC P10,000 design ultra-deepwater drillship at Hyundai Heavy Industries of South Korea.
The US is now the global leader in the exploitation of shale-based hydrocarbon resources, fuelled by rising demand for natural gas and economic imperative, according to ExxonMobil.
A Chinese yard is to build a dozen of Ulstein's bull-nosed X-Bow supply vessels to Seatankers Group owned by Norwegian shipping magnate John Fredericksen.
A young Aberdeen engineer has been recognised by engineering's lead body for her work inspiring school pupils to take on a career in the oil & gas industry.
The North Sea Chapter of the International Association of Drilling Contractors (IADC) has been left greatly saddened by the death of Val Hood on September 15 following a long battle with cancer.
Shoal Point Energy and partners have discovered a thick and extensive shale oil play at Shoal Point on and offshore western Newfoundland's Port au Port Bay.
Deep Sea Recovery is developing a novel nitrogen-based lifting system that the firm claims could cut the cost of North Sea subsea projects and potentially reduce the bill for decommissioning redundant infrastructure.
Areva has become the latest company to ensure it has installation vessel capacity at its beck and call through a tie-up with the partnership of German company Hochtief Solutions and GeoSea of Belgium.
In a decision criticized as "unfortunate" and even "insane", the United Nations has decided that new coal plants are eligible for carbon credits under the Clean Development Mechanism (CDM).
Seismic major CGGVeritas has struck a deal with Fugro to acquire its geoscience business for $1.54billion in cash, but excluding the existing multi-client library and nodes businesses.
London-listed Eurasia Drilling Company (EDC) has placed an order with Lamprell for a fourth jack-up drilling rig for deployment in the Caspian Sea.
KBR subsidiary GVA has signed a licence agreement with Daewoo Shipbuilding & Marine Engineering (DSME) of South Korea for the construction of its GVA 4000NCS, Cat D semi-submersible drilling rigs.
Anadarko and Eni are exploring the possibility of joint development of their massive gas discoveries offshore Mozambique with an eye on establishment of a liquefied natural gas (LNG) plant on the East African state's coastline.
Norway's Seadrill has ordered yet another $600million super-drillship from Samsung of South Korea with delivery set for Q4 2014.
The Palestinian Authority and Israel's foreign ministry have agreed to the development of the BG-operated Gaza Marine gasfield offshore Palestine's Gaza Strip.
Worldwide, the clean technology market, is worth more than $2trillion a year, and it is expected to more than double in size by the mid 2020s, according to new research commissioned by the German government.
Melrose Resources has agreed to farm out 30% of its equity in the Est Cobalcescu exploration concession to the Beach Petroleum subsidiary of Beach Energy.
Norway's Petroleum Safety Authority Norway is to investigate the stability incident involving the nearly new, Italian semi-submersible drilling rig Scarabeo 8 in the Barents Sea on September 4.
Sevan Drilling has advised that it has been necessary to suspend drilling operations with its new-build Sevan Brasil cylindrical drilling rig.
