Six European major oil and gas companies, BG Group plc, BP plc, Eni S.

Norway’s Statoil has agreed an expansion of its long term gas supply agreement with the UK’s SSE.

The DOF Subsea Group has entered into an agreement with Technip for the sale of DOF Subsea’s ownership in the joint venture vessel Skandi Arctic, with immediate effect.

A fire broke out in the engine room of an offshore support vessel , off the coast of Mumbai on Sunday, May 31, Indian media have reported.

More than 5000 jobs have been lost in the UK North Sea sector and more losses are likely, the CEO of trade body Oil & Gas UK says.

Managers at BP Plc and Husky Energy's joint-venture Toledo, Ohio, refinery said they reached agreement on a tentative contract on Saturday with union workers, a step toward ending a strike that has lasted nearly four months.

Hercules Offshore, Inc.

OPEC officials dismissed comments from Wall Street bank Morgan Stanley on Monday that the Organization of the Petroleum Exporting Countries may raise its oil output target when the producer group meets this week.

Crude oil prices jumped almost 5 percent on Friday, their biggest rally in 1-1/2 months, as a steady U.

Norway’s Statoil has been awarded four licences offshore the Nicaraguan Pacific.