Wintershall and its drilling contractor Dolphin Drilling have been given a deadline of August 2 to tell Norwegian authorities how it will make improvements and correct non-conformities in its emergency preparedness on the Borgland Dolphin drilling rig.
Prospex Oil & Gas has raised £1.6million in a share placing to support the activities of Hutton Poland, in which it holds a 49% stake.
A special taskforce set up to tackle the fallout from the North Sea oil and gas crisis is to look at how it can help following news that up to 100 are at risk at Amec Foster Wheeler in Great Yarmouth.
Sasol’s field development plan in Inhambane province in Mozambique has reached an important milestone with the commencement of the drilling of the first well, the company said.
Mosman Oil and Gas said it is looking beyond the oil and gas sector for new investment opportunities as the oil price slump continues.
DONG Energy could be valued at up to $16billion, potentially making it Europe's biggest flotation this year.
BP has awarded a multi-million dollar topside maintenance contract to Actemium for its two FPSOs in Angola.
The UK oil and gas industry is set to become a pioneer in decommissioning activity globally and has the opportunity to become leaders in this field according to Wood Mackenzie.
A senior executive from Shell's multi billion dollar Brent field decommissioning team said the delay in deploying the enormous would not add to the cost of the project, despite putting put back a year.
The chief executive of Decom North Sea said the Decom 2016 conference had seen the sector turn a corner.
Fugro has delivered a spectrum of services to BP Trinidad and Tobago to allow safer drilling and completion of five subsea wells in an area of strong currents.
Three oil and gas industry veterans have pooled their years of experience in well management to launch a new company focused on plugging and abandonment in the North Sea.
The man leading the Oil and Gas Authority's decommissioning strategy told industry leaders that if Leicester City can win the English Premiership, then the oil and gas sector can collaborate to hit the back of the net with decom.
The UK North Sea has the chance to become a world leader in decommissioning practice, according to a leading industry figure.
Specialist decommissioning consultancy Strategic Decom has teamed with and business intelligence firm Animus to create a new technology platform - DecomIntelligence - to facilitate better collaboration in the decommissioning industry.
Shares in oil company Xcite Energy are under pressure after the announcement of first quarter results did little to allay fears surrounding its debt obligations that mature at the end of next month.
With more than 250 subsea wells and over 500 platform wells to be decommissioned in the UKCS by 2022, all must be permanently abandoned by setting the required barriers (plugs), severing all casings and conductor 10ft below mudline.
Oil and gas companies have been urged prepare for the worst and never thing terrorism attacks will not happen to them, by the man who investigated the Glasgow airport bombing attempt.
Attacks on oil infrastructure will continue at least in the short to medium term, resulting in depressed oil output over much of 2016, according to analysts.
French police using water cannon and tear gas have broken up a strike picket that was blocking access to a large oil refinery in the southern port area of Marseille in a government versus union showdown over contested labor law reforms.
The former head of Britain's elite SAS regiment said cyber attackers pose a clear and present danger to energy sector, with countries and compnaies at risk from crippling assaults on their infrastructure and systems.
The burgeoning decommissioning sector will bring technical challenges and opportunities that the North Sea supply chain are well placed to exploit.
Aberdeen-based well engineering specialist Zenith Energy has been a awarded a long-term contract with Rockhopper Exploration to manage the abandonment of a platform well offshore Italy.
The United States produced more than twice the petroleum and natural gas hydrocarbons as Saudi Arabia produced in 2015.
Lansdowne Oil and Gas has called a meeting of shareholders giving them the opportunity to vote on the company's proposals to raise "essential" funds by issuing 350 million shares, devaluing the company in the process.
