Prosafe, a provider of semi-submersible accommodation vessels to the international offshore oil and gas industry, has reported that one of its vessels has been given more time with Lundin Norway AS.

Chevron Corporation (NYSE:CVX) will be slashing up to 950 positions in the Houston area as it continues to relieve itself from the pressure that has come with the slump in oil prices.

The Norwegian Petroleum Directorate (NPD) has issued a drilling permit to VNG Norge AS for a wildcat well in the Norwegian Sea.

Cairn Energy, an oil and gas exploration and development company, has informed that the Government of Senegal has approved a three-well drilling plan offshore Senegal submitted by Cairn and its JV partners in the second quarter of 2015.

Iran has said it will launch Phases 15 and 16 of its South Pars gas field development in a little more than a month.

Amec Foster Wheeler announces today the company has been awarded an extension to its existing Project Management Consultancy (PMC) contract for the UZ750 project in the Upper Zakum (UZ) field, located 84 kilometres north-west of Abu Dhabi.

Engineering company Monadelphous Group Limited has won a new three-year deal with Chevron in Australia.

Otto Energy has encountered hydrocarbons shows at its exploration well, offshore Palawan in the Philippines, but the volumes appear to be sub-commercial.

Bell Geospace, leaders in full tensor gravity gradiometry data acquisition, have announced that they have been awarded a contract to acquire approximately 4,247 square mi of data onshore Mongolia, by Petro Matad Limited.

The US Bureau of Safety and Environmental Enforcement (BSEE) has given Shell final approval to drill into deeper into hydrocarbon-bearing zones at its Burger J prospect in the Chukchi Sea, off Alaska, in the US Arctic.