North Sea firms enjoy share price bump on OPEC deal
North Sea firms ranging from BP to Hurricane Energy have enjoyed share price hikes after a deal was reached by OPEC to curb oil production.
North Sea firms ranging from BP to Hurricane Energy have enjoyed share price hikes after a deal was reached by OPEC to curb oil production.
Oil and gas companies across the globe are facing something of a balancing act currently.
A group led by Total has signed up to explore an offshore block in Egypt’s Herodotus Basin, in the Mediterranean Sea.
Total has withdrawn a number of workers from the Mozambique LNG site ahead of militant attacks.
Muehlhan Group’s UK business is looking forward to a bright future after clinching two major contracts and making a senior appointment in Aberdeen.
With Myanmar’s general elections in the rearview mirror, upstream development expenditure could more than double to over $1 billion by 2023 compared to this year’s spend.
French energy giant Total is weighing up a life extension for its Elgin-Franklin fields, which recently pumped out their billionth barrel from the North Sea.
Aker Solutions has been awarded a contract by Equinor for delivering the new CO2 receiving facilities Northern Lights outside Bergen, Norway.
ABIS Energy is passionate about Guyana. We have been engaged with the Guyana economy for the past 4 years and foresee a bright future.
Glacier Energy has won a contract worth about £1 million to supply export gas coolers for Total Exploration and Production UK (TEPUK)’s North Alwyn platform in the North Sea.
The Norwegian Government today approved the final investment decision for the Northern Lights CO2 transport and storage project.
Guyana is the world’s most exciting frontier oil and gas exploration area. There’s a lot of oil, it’s good quality and it’s relatively cheap to produce. It has attracted a host of major players, including Hess, CNOOC, Total, Repsol, Qatar Petroleum, Tullow and, above all, ExxonMobil.
Total SE is discussing a plan for 500 voluntary job cuts in France, where the oil company has 35,000 employees, Chief Executive Officer Patrick Pouyanne said in an interview with France Inter radio.
Aker Solutions has signed a letter of intent with Equinor for the delivery of a subsea production system to the Kristin Sor oil and gas satellite fields in the North Sea.
The achievements of the UK oil and gas industry’s leading lights were celebrated in a virtual awards ceremony last night.
The Versailles Court of Appeal has found in favour of Total on its actions in Uganda, where the company is working on an oil production and pipeline plan.
Islamist terrorists have capture a village around 20 km from the Afungi peninsula, home of the country’s major LNG plans.
As with the global industry, African exploration and production plans hit the COVID-19 and oil price-crash roadblock.
Total has tested the Luiperd-1X well at a maximum rate of 9,820 barrels of oil equivalent per day, limited by surface equipment.
Uganda’s National Environment Management Authority (NEMA) has approved Total East Africa Midstream’s (TEAM) environmental report on the Ugandan part of the East African Crude Oil Pipeline (EACOP).
North Sea firms are on track to produce roughly the same amount of oil and gas in 2020 as they did last year, despite the Covid-19 pandemic throwing up huge challenges, a new report reveals.
Growth capital investor BGF has completed a multimillion-pound investment in engineering information management software company Datum360.
Engineering service group Babcock International said today that market conditions for its oil and gas aviation business were “extremely tough” in the six months to September 30.
An EnQuest boss said today that treating some of its platforms like "Airbnbs" was helping the firm prepare a northern North Sea neighbour for up-manning.
The West of Shetland oil and gas (WoS) basin has long been held aloft as the UK’s last great hope for indigenous oil and gas production growth.