Oil prices fell on Friday as a rising U.

Oil and gas equipment services firm GOT Ltd has gone into administration with the loss of 19 jobs.

The platform supply vessel Blue Queen, an ULSTEIN PX121 design constructed at Ulstein Verft in Norway, has received the highest ESI (Environmental Ship Index) score of 100 points from the World Port Climate Initiative (WPCI), Ulstein has informed.

Norway’s Fjords Processing, a company independent since the separation from Aker Solutions in September 2014, has won three contracts for the deliveries of process systems for the Johan Sverdrup development in the North Sea.

Norwegian oil and gas major Statoil has informed that after several years of technology development, construction and testing, the first subsea wet gas compressor in the world is now installed at the Statoil’s Gullfaks C platform in the North Sea.

Crystal Amber has built up a stake of just under 12 per cent in AIM-listed Hurricane Energy and is now its largest shareholder a North Sea business it expects could be worth £17billion.

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