Oilfield services provider Petrofac has been suspended by UEA’s oil and gas giant ADNOC from competing for new contract awards until further notice.
UK’s petroleum regulator, the Oil and Gas Authority, has outlined how the oil and gas industry should work to reduce greenhouse gas emissions.
Vår Energi has received consent from the Norwegian offshore authority to use the subsea facilities on the Marulk field beyond their original operating life.
Norwegian Energy Company (Noreco) has appointed John Hulme as Chief Operating Officer (COO), effective Monday, 15 March 2021.
Italy’s oil and gas company Eni and Russia’s Novatek will start drilling an exploration well in waters offshore Montenegro later this month.
UK North Sea-focused Independent Oil and Gas (IOG) has seen an increase in resources held by the Goddard and Abbeydale discoveries following an interpretation of seismic data.
The UK Government is considering declaring the beginning of the end for the North Sea oil industry with a ban on new exploration licenses.
Kistos, an investment company chaired by former RockRose founder Andrew Austin, has signed an agreement to buy the entire issued and outstanding share capital of Tulip Oil Netherlands B.V.
Noble Corporation has won several new contracts for its fleet of drilling rigs, which will see three of its units come back from the warm-stack mode.
North Sea-focused Jersey Oil & Gas has formally launched the farm-out process of the Greater Buchan Area in the UK North Sea and started talks to raise funds to progress work on the project.
UK’s Oil and Gas Authority (OGA) has reported that flaring in the North Sea has been reduced to the lowest level on the UK Continental Shelf on OGA records.
The pay package of Shell CEO, Ben van Beurden, dropped by 42 per cent to $7 million in 2020, a year marked by low oil prices and the coronavirus pandemic.
Expro Group and Frank’s International have entered into a definitive agreement to combine in an all-stock transaction.
Norwegian offshore safety agency, the Petroleum Safety Authority Norway (PSA), has given Equinor consent to drill two exploration wells offshore Norway, using the West Hercules rig. The wells named 30/11-U-1 and 30/11-U-2 are located in Production licence 035 and 272 in the North Sea. The licences a
