Archives: From the field

The North Sea oil and gas industry lost £5.3 billion in 2014, the worst figure since the 1970s, according to a new report published by industry body Oil & Gas UK.

The UK’s Gulfsands Petroleum announced a gas discovery in the onshore Rharb Centre permit in northern Morocco on Monday.

The Organization of Petroleum Exporting Countries (<a href='https://theenergyyear

Statoil has launched production at its Oseberg Delta 2 development in the North Sea, the Norwegian super-major said on Monday.

Oman plans to raise oil production more than 4 percent in 2015, the country’s Ministry of Oil and Gas undersecretary, Salim Al Aufi, said Sunday

Egypt is to hold an auction for eight oil and natural gas exploration blocks in the Mediterranean before the end of February, according to the country’s oil ministry.

Libya’s largest oilfield resumed production on Sunday following a week-long disruption caused by an attack on its pipeline.

The United Steelworkers (USW), the largest industrial labour union in North America, has told members to reject a seventh contract offered by Shell on behalf of companies including Chevron and Exxon Mobil

The Azeri-Chirag-Guneshli (ACG) field produced an average of 638,000 barrels of oil per day in 2014, a slight decrease from 2013’s 655,370 barrels per day, according to figures released by BP on Thursday. In 2014, the field’s gas production averaged 7.55 mcm (267 mcf), up from 6 mcm (212 mcf) in 2013.

Very large crude carriers are reported to be sailing at the fastest speed in 2