The first well in the program at the Warro gas field, Warro-5, was spudded at the weekend and is expected to take 28 days to reach the planned total depth of 4250m RT TVD.

Brazil’s state-run oil company Petrobras reported its average oil and natural gas production rose 1.

The Industry Technology Facilitator (ITF) has launched a call for proposals for new technology solutions to deliver cost efficiencies in through tubing logging during plugging and abandonment operations.

Woodside has achieved a half-year reported net profit after tax (NPAT) of US$679 million, underpinned by production of 42.

Hillary Clinton, a Democratic candidate for the President of the United States, has expressed her concern over plans to drill for oil in the Arctic.

U.

Oil prices will stay low for years to come, derivatives markets say, keeping a lid on inflation and helping boost global growth.

Less than half of the oil and gas being produced in the North Sea could be economically viable, according to a leading industry figure.

North Sea-focused oil producer EnQuest PLC (ENQ.

OneSubsea, a Cameron and Schlumberger company, has been awarded a contract to supply subsea processing systems for the Shell Offshore Inc.