Bellatrix Exploration strikes deal with InPlay Oil for $47m asset sale
Bellatrix Exploration has entered into an agreement with InPlay Oil to sell some of its assets in Alberta for $47million.
Bellatrix Exploration has entered into an agreement with InPlay Oil to sell some of its assets in Alberta for $47million.
The Norwegian Petroleum Safety Authority (PSA) said it remains firm on its belief rig design was the main cause of an accident which left one offshore worker dead after freak weather in the North Sea.
General Electric has said it plans to invest $10billion in Argentina over the next decade.
Saudi Aramco said eight of its workers have been injured after a fire broke out at one of its oil terminals.
Libya's Arabian Gulf Oil Company (AGOCO) has said its output has risen to 210,000 barrels per day (bpd) after production resumed at the Nafoura and Hamada fields.
Lundin Norway has won a drilling permit for a well in the Norwegian North Sea.
Militants are said to have blown up a crude oil pipeline operated by Nigeria's state oil firm NNPC in the Niger Delta.
The boss of Helicopter operator CHC said the company has been forced to cut staff since last year as work from oil companies has dwindled amid the global price decline.
A plane spotter has captured what could be the final flights of EC225’s taking workers to and from the North Sea.
Indonesia's PT Medco Energi has agreed to acquire ConocoPhillips 40% stake in an oil and gas production sharing block which the US firm operates in the Natuna Sea.
Petrofac is remaining tight-lipped on reports it plans to leave Tunisia if protests over jobs continue, according to reports.
Oil major Shell has cut 225 positions from its operations in Norway following its takeover of BG Group.
Statoil's UK managing director has revealed up 700 new North Sea jobs will be created in the operational phase of its flagship Mariner project.
Maersk Oil's Janice floating production unit has arrived in Norway for decommissioning work to begin.
First Minister Nicola Sturgeon said the Scottish Government said it would be next year before a decision is made on fracking amid concern from energy bosses over its future in the region.
COSL is said to have invested million in testing its rigs after a worker was killed by a huge wave in the Norwegian North Sea last year.
ESS has netted three new contracts for work in the North Sea including on the newly constructed jack-up rig the Maersk Highlander.
A trio of oil companies have celebrated the delivery of five million barrels of oil from Statfjord since first oil in 1979.
FMC Technologies will make up to 200 job losses on the Norwegian Continental Shelf.
Aker Solutions will make up to 100 employees redundant from its operations in Norway.
Norwegian operator Statoil will be looking to recruit up to 40 workers in the "coming months" as work progresses on its flagship Mariner project on the UKCS.
North Sea workers will be offered competency allowance by their employer Wood Group after thrashing out a new deal on proposed changes to their contracts.
When in Aberdeen last weekend, I walked through Golden Square for the first time this year. I was shocked to see the number of empty buildings with ‘To Let’ signs on them in this once busy part of town. I knew things were hard in Aberdeen, but this really drove it home.
Ineos boss Jim Ratcliffe has claimed an independent Scotland would end up needing a "Greek-style" bail out.
An augmented reality system will be developed for use in the oil and gas industry after a cash boost from two Scottish innovation centres.