North Sea Energy results from Bagpuss reveal degraded oil
North Sea Energy said its initial findings from a geochemical study have revealed the Bagpuss prospect contains heavy degraded oil.
North Sea Energy said its initial findings from a geochemical study have revealed the Bagpuss prospect contains heavy degraded oil.
Oil stocks were sliding on Monday after Saudi Arabia pulled out of a meeting with oil producers, raising questions over whether an output deal which could support floundering prices will be struck this week.
A follow-up by the Norwegian Petroleum Safety Authority (PSA) of Lundin Petroleum has identified two improvement points.
Tata Steel has moved closer to selling its Speciality Steels business, a move that would secure jobs across the UK.
Incredible footage has emerged giving a drone's eye view of the Glen Lyon FPSO.
The European Surveillance Authority (ESA) has called on Norway to cancel a flight ban put in place after a North Sea helicopter crash in April.
Oil major BP has hired consultancy firm Turner & Townsend to provide quantity surveying and cost management services at its Sullom Voe Terminal (SVT) in Shetland and the Forties Pipeline System.
Oil major Shell has dismissed concerns that production limits in the wake of the Paris climate accord could hit the energy giant's valuation.
Statoil will not renew one of the rig contracts for the Troll field.
Six Pakistanis working for a Polish oil firm have been kidnapped, according to reports.
Oil major BP last night down manned a North Sea platform after an "issue" with one of its electrical systems.
Singapore plans to offer financial assistance to its liquidity hit marine and offshore engineering companies.
Federal disclosure forms released have shown President-elect Donald Trump holds stock in the firm building the Dakota Access oil pipeline.
Seacroft Marine has won a contract worth almost £2million from Apache.
Daesung Industrial Gases will be put up for auction with first-round bids due next month in a deal worth about $1.3billion.
Greenpeace has claimed the UK government attempted to influence a decision by the Lancashire County Council on shale gas by delaying the publication of a report.
Atlantic Petroleum has issued notices to Iona Energy requesting special meetings of the Joint Operating Committees (JOC) over two North Sea licences.
Oil major Shell is said to be in advanced talks with a party interest in buying its onshore operations in Gabon as part of a $30billion divestment plan.
Aker BP said it will make around 60 redundancies.
A fire alarm was triggered at Statoil's Heimdal platform in the North Sea in the early hours of this morning, according to reports.
The chief executive of Lundin Petroleum has been elected as the new chairman of the Norwegian Oil Industry Association.
FAR and its Senegal venture partners have agreed the firm drilling program for next year with two appraisal wells on the SNE field.
A recovering alcoholic has launched the first programme focused on dangerous drinking among North Sea oil workers.
BP has revealed footage for the sail away of the Shah Deniz 2 jacket. The video shows the latest development for the offshore installation in the Caspian Sea. The sail away was held from the Heydar Aliyev Baku deepwater jackets factory.
This week began with the reports Chryasor was closing in on a $1.6billion deal for Shell North Sea assets.