Odfjell Drilling announced Wednesday that it would cut 20% of its workforce as a result of the drop in oil prices. The Norwegian oilfield services company will let 230…
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Shell has announced a waterflooding project to boost volume capacity at the Vito field in the US Gulf of Mexico.
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Equinor has exited Suriname as it and ExxonMobil transferred stakes in Block 59 to Hess.
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Vår Energi has extended a long-term agreement to deliver natural gas to Eni by an additional 12 years.
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The USD 862-million merger between Norwegian geophysical companies TGS and PGS has been completed.
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Vår Energi has confirmed recoverable resources of up to 39 million boe at a well in Norway's North Sea.
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Odfjell Drilling announced Wednesday that it would cut 20% of its workforce as a result of the drop in oil prices. The Norwegian oilfield services company will let 230…
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Statoil has purchased a minority stake in Norwegian independent Lundin Petroleum, the majority state-owned company reported on Thursday.
The acquisition was for…
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Wintershall Norge has begun drilling its first exploration well on licence PL611 in the Barents Sea, the Norwegian branch of the German operator announced…
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Statoil was able to halt the flow of gas leaking from the Statpipe line at the Kaarsto gas processing plant in western Norway on Friday.
The substantial amount of…
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Statoil has signed two agreements with oil services companies Aker Solutions and OneSubsea Processing, the Norwegian multinational announced in a Friday…
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As production continues to increase in Mexico and Venezuela, Colombia is trying to maintain its allure for foreign investors. Luis Giusti, senior advisor for energy and…
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Statoil has received permission from the Petroleum Safety Authority Norway to go ahead with drilling plans for exploration well 30/11-11, located in the North…
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BP partially evacuated its Valhall platform in Norway’s North Sea on Thursday after a storm caused a barge to break its anchor.
The barge was drifting toward the…
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Norwegian E&P company Statoil has opened a probe into the chemical leak at its subsea Gullfaks project just one month after the North Sea field came online.…
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The Norwegian Petroleum Directorate gave German exploration company Wintershall permission to drill a wildcat well in the Barents Sea. The well will be Wintershall’s…
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