The Norwegian AGR and SP Offshore have entered into a Memorandum of Understanding (MoU) under which AGR will provide a range of exploration services and the drilling of an ultra-deepwater (UDW) well off the Comoros Islands.

Oil and Gas People sources have today confirmed the surprise news that a North Sea Oil Platform will be shutdown after summer and then decommissioned.

ExxonMobil has discovered hydrocarbons offshore Guyana, while drilling the Liza-1 exploration well at the Stabroek block.

Mooring installation works have begun at the Ichthys Field in the Browse Basin about 220 kilometres offshore Western Australia as part of the INPEX-operated Ichthys LNG Project’s ongoing offshore installation campaign.

Underground disposal of waste water produced from oil and natural gas wells has been blamed for triggering thousands of small earthquakes in Oklahoma and a number of other U.

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After weeks of idling rigs on slumping crude prices, U.

Spanish oil company Repsol has completed the acquisition of Canada’s Talisman Energy.

Statoil has received consent from the Petroleum Safety Authority (PSA) Norway to use Scarabeo 5 rig for permanent plugging of well 6506/11-N-4 H on the Kristin field in the Norwegian Sea.

Eni Norge AS has received consent from the Petroleum Safety Authority (PSA) Norway to use the Floatel Superior, an accommodation and construction support vessel, as a flotel for the