The Confederation of Norwegian Enterprise is seeking special dispensation for British citizens working in the Nordic country, saying the oil and gas industry risks being hit hard if the UK exits the European Union without an agreement, Dagens Naeringsliv reported.
Oil kept falling after its biggest weekly drop since July as signs that reaching a comprehensive U.S.-China trade deal will be tough gave no respite from a worsening demand outlook.
BP has picked one of its former North Sea bosses to take over the energy giant’s reins when long-standing chief executive Bob Dudley steps down early next year.
Energy service firm Subsea 7 has won a contract worth tens of millions of pounds for Shell’s Pierce depressurisation project in the UK North Sea.
Norwegian private equity fund HitecVision has decided to merge its two UK North Sea businesses, sparking the exit of Aberdeen-based Verus Petroleum's boss.
Whalsay Energy is seeking partners to help it develop the Bentley field in the UK North Sea.
Oil edged higher after its biggest quarterly drop this year as investors weighed Saudi Arabia’s quick recovery from attacks last month against a resumption in U.S.-China trade negotiations next week.
Losses at i3 Energy widened in the first half of 2019 as the company prepared to drill three wells in the North Sea.
The week the Libyan uprising began in 2011 was one like any other for workers at Italian oil company Eni SpA in the North African country. They played soccer and watched movies, oblivious to the battles with police and mounting deaths in the revolution that toppled Muammar Qaddafi.
Oil is heading for the biggest weekly loss since July on indications Saudi Arabia is restoring lost crude production quicker-than-expected after attacks on its key energy infrastructure.
Oil service firm Global Energy Group (GEG) is celebrating the biggest deal in its history, with a value understood to exceed £100 million.
North Sea minnow Jersey Oil and Gas has started plotting out the development of 120 million barrels of oil in the Greater Buchan Area (GBA) of the outer Moray Firth.
Oil and gas firm Parkmead Group has completed a £4.9 million deal to buy farmland majority-owned by the wife of chief executive Tom Cross.
Oil and gas producer Serica Energy is looking at “a couple of serious opportunities” to expand its UK North Sea portfolio and build on recent deals, its boss said.
Craig International has secured £50 million of new contracts in the first half of 2019.
Oil fell on signs Saudi Arabia is making progress in restoring output even as uncertainty remains about the kingdom’s ability to bring back all lost supply by the end of the month.
Serica Energy bosses said today that the firm’s first-half results justified the hard-fought acquisitions of a North Sea package last year.
Five Greenpeace protesters who occupied an oil rig for almost four days costing the operators and the taxpayer more than £500,000 have been spared a jail sentence.
Drilling has begun on Warwick West, the third in a three well campaign west of Shetland for Hurricane Energy and partner Spirit Energy.
Libya’s National Oil Corp. (NOC) is fighting a rearguard action to secure the company’s unity, following the establishment of a rival board of directors for the Brega Petroleum Marketing Co. (BPMC).
The Borgland Dolphin rig is preparing to mobilise to drill an exploration well on i3 Energy's Serenity field.
Hurricane Energy narrowed its pre-tax losses in a first half marked by the achievement of first oil from its flagship project west of Shetland.
The threat of war in the Middle East is pushing oil prices higher again, capping one of the most dramatic ever weeks for crude in which 5% of the world’s supplies were cut by attacks on Saudi production facilities.
Oil stabilised on signs Saudi Arabia is quickly restoring production following a debilitating weekend attack after two tumultuous days in which it surged the most on record and then pared around half of that gain.
The recent oil price jump could create further momentum for service sector margins, according to Rystad Energy.