Battered oil and gas drilling companies are finally seeing piecemeal signs that the prices they charge for offshore rigs are…

Equinor has signed an agreement with Aker BP to sell its 77.8% operated interest in the King Lear discovery on…

Aberdeen, UK, 15 October 2018 – Petrotechnics, the developer of the world’s first software platform for operational excellence (OE), today…

Billingham-based offshore engineering specialist Able UK has secured a contract for decommissioning work for several natural gas platforms currently operating…

On 14 October the Oseberg Vestflanken 2 field in the North Sea came on stream. Remote-operated from the Oseberg field…

Woodside Petroleum Ltd., Perth, has let a contract for the concept definition and engineering of two natural gas floating production,…

MODEC has received a letter of intent for supply, charter, and operations of floating production storage and offloading (FPSO) vessel…

Chevron is the first oil supermajor to leave the Norwegian Continental Shelf, after Norway’s authorities accepted the sale of the…

IRAN has entered a recession due to an increase in US sanctions, causing Iranian oil production to drastically decrease and…

UK energy regulator Ofgem said today it is opening a tender to own the transmission link to the 1.2-GW Hornsea…