Statoil gets green light for Trestakk development
Statoil was today given the green light for its 76 million barrel Trestakk development.
Wood Group ups total cost savings from Amec takeover
Wood Group this morning said the cost savings from its £2.2billion Amec takeover total more than originally thought.
Premier Oil confirms sale of Pakistan business
Premier Oil this morning confirmed it had shifted its Pakistan business.
Shell nets another sell-off worth $150million
Shell today continued to chip away at its $30billion divestment target.
Norwegian Shelf reaches 6,000 well milestone
The Norwegian Petroleum Directorate (NPD) today celebrated the region’s 6,000th well.
OGA grants more time for Horse Hill
The Oil and Gas Authority has granted more time for the Horse Hill discovery.
Europa Oil & Gas narrows losses, looks to double production
Europa Oil & Gas has narrowed its losses, according to its interim results.
Seadrill secures more time for restructure, discusses Chapter 11
Seadrill has secured three more months to hammer out is restructuring bid.
Parkmead doubles down West of Shetland, significantly increases stake
Parkmead this morning confirmed it had nearly doubled its stake in the major Sanda North and Sanda South structures in the West of Shetland area of the UK North Sea.
BP joint venture acquires ethanol facility in Kansas
A BP joint venture has snapped-up an ethanol facility in Kansas.
Updated: Ineos acquires Forties Pipeline from BP in $250million deal
Ineos this morning confirmed it has acquired the Forties Pipeline System (FPS) from BP in a $250million deal, which includes 300 jobs.
Left-winger Lenin Moreno looks to win Ecuador’s presidential race
Ruling party candidate Lenin Moreno looks to be heading to victory in Ecuador’s presidential run-off but his rival has refused to recognise the results, claiming he was the victim of fraud.
Wintershall plans for $55 but ‘storm not over’, says chief
Wintershall is planning its forward business around $55 oil, the chief executive said.
Wintershall: No major layoffs, plans bonus payment
Wintershall's chief executive said he has no plans for mass layoff as the firm looks to continue to trim down costs.
Wintershall kick-starts Maria drilling
Wintershall today confirmed the start of drilling operations on its flagship Maria project.
Wintershall: Plans to invest EUR 4.4billion
Wintershall's chief executive Mario Mehren said the explorer will invest EUR 4.4billion in its oil and gas activities by 2021.
Wintershall celebrates record production, but earnings take hit
Wintershall today said it achieved record production in 2016, hitting 165 million barrels oil equivalent.
SDX kicks-off drilling campaign in Nile Delta
SDX has kicked-off a drilling campaign in the Nile Delta area of Egypt, it today confirmed.
Rieber Shipping CEO steps down for new chief role
Rieber Shipping's chief executive has stepped down to take-up the helm of Shearwater GeoServices.
North-east house sales on the rise for first time since oil slump
House sales across Aberdeen and Aberdeenshire are on the up for the first time in three years as the region emerges from the oil slump.
Respol Sinopec finds no evidence of North Sea leak, triggers production
After extensive investigations, Respol Sinopec had found no evidence of a North Sea oil leak.
Jobless urged to open up about mental health
Thousands of people have lost their jobs as a result of the oil and gas downturn.
BP down mans Clair platform after power cut
A BP spokesman this morning confirmed it was evacuating all non-essential personnel after a power cut hit its West of Shetland Clair platform.
Wintershall passes offshore audit
Norway’s safety body gave a Wintershall a clean bill of health in its latest safety audit.
Second Shah Deniz 2 platform jacket sails away
The Shah Deniz consortium today confirmed the second Shah Deniz Stage 2 platforms successfully sailed away for its final offshore location.