Zennor successfully spuds new North Sea well
Zennor Pathway Limited today confirmed it had successfully spud its appraisal well in the UK North Sea.
Daily
Wood Group acquires Australian firm
Wood Group has completed the takeover Australia-based SVT Engineering Consultants.
US judge approves $20bn BP oil spill settlement
A federal judge in New Orleans has granted final approval to an estimated $20 billion (£14billion) settlement over the 2010 BP oil spill in the Gulf of Mexico.
Petition call for grants for North Sea workers
A petition has been created calling for grants to be given by the UK Government to help support former North Sea employees back into work.
Oil extends decline as US crude supplies seen expanding glut
Oil extended declines from a one-month low before U.S. government data forecast to show increasing crude stockpiles kept supplies at the highest level in more than eight decades.
A Norwegian in Paris – Engie’s Maria Moraeus Hanssen
Engie is in flux, busily rebalancing its portfolio including putting the exploration & production arm under review. So these are tough times for E&P’s chief executive, writes Jeremy Cresswell
Video: Construction starts on Statoil’s Johan Sverdrup
Statoil's flagship Johan Sverdrup is one of the five biggest oil fields on the Norwegian continental shelf. It's estimated to hold between 1.7billion and 3billion barrels of oil equivalent, Its peak production is expected to equal 25% of all Norwegain petroleum production. The first phase of development work will provide some 51,000 man years of work in Norway.
St Fergus gas plant operator secures financial backing
The new operator of a gas processing plant at St Fergus, px Group, said yesterday it had secured a significant new investor.
Sub $50: Sector’s most enduring theme is ability to “make the most” of a crisis
The sector's most enduring theme is its ability to "make the most" of a crisis, according to a leading law firm.
Report into death of Norwegian worker expected this week
A report into the investigation of how a worker died when a massive wave hit the rig he was working on is to be published this week.
Huge ambition but many challenges face the renewables juggernaut
Doubling the share of renewables in the global energy mix by 2030 is feasible, but only with concerted action to jump-start their use in transport, building and industry. Bioenergy is seen as being a critical component to achieving this objective. And if it is, then the sector could “sustain 24.4million jobs worldwide” just 15 years from now.
Images: NASA gives glimpse of Eagle Ford shale formation
NASA's Earth Observatory has captured images from high above the Eagle Ford shale formation in the US.
Norway highlights risks to expanding wealth fund investments
Norway signaled there are risks to expanding the wealth fund’s investments in unlisted assets, properties and infrastructure as it prepares to present a review.
Tech Tuesday: Well-SENSE locked on missile technology for future success
An Aberdeen technology firm has taken inspiration from guided missile military technology to create a new well intervention system that could radically alter the way the industry operates, whilst saving companies millions of pounds.
‘Good times’ at an end as cost of petrol rises
Motorists have been warned that the period of lower fuel prices is over after the cost of petrol rose last month for the first time since July 2015.
Devex sold out and seeking new partners
Delegate places at a two-day oil and gas industry conference in Aberdeen were all taken up less than two hours after the online booking process went live.
Aibel to make 500 job losses in Norway
Aibel is set to make 500 redundancies in Norway in a bid to streamline costs.
Oil and gas industry raises concern over Trump’s energy policies
The US oil and gas industry is said to be anxious about Republican presidential candidate Donald Trump’s policy proposals.
Shell pulls out of Norway Arctic licensing round
Oil major Shell has pulled out of an application from Norway's Arctic-focused oil licensing round.
Abu Dhabi’s oil chief sees crude market balancing by end of 2017
Oil markets will probably balance by the end of next year, with prices rising in the medium term, according to Sultan Al Jaber, the new head of Abu Dhabi National Oil Co.
Aker secures double contract win to support 120 jobs
Aker has won two contracts in quick succession to secure 120 jobs.
Wood Group wins two-year North Sea deal
Wood Group has landed a two-year North Sea deal with Taqa.
Oil speculators bet rallies over as doubts grow on output freeze
Money managers lost faith in oil’s recent rally as doubts grew over whether major producers will be able to agree on an output freeze.
DNV wins big with Statoil’s Johan Sverdrup
DNV has won a string of contracts off Statoil for its landmark Johan Sverdrup development worth NOK60million.
Not since the days of Abraham Lincoln has the drilling been so bad
Last month, the total US drilling rig count fell to a record low since Baker Hughes began tracking the data in 1949.