The Norwegian Petroleum Directorate (NPD) has issued a drilling permit for wellbore 2/11-11, in the North Sea, to Edison Norge AS.

Erin Energy Corporation has agreed to heads of terms on a commercial agreement with an embedded prepayment element with Glencore Energy UK Ltd, a subsidiary of Glencore PLC.

The U.

Kongsberg Maritime has today been awarded a call-off order for delivery of the Safety and Automation System (SAS), Life Cycle Simulator and SAS Information Management System for the four platforms on the Johan Sverdrup field centre, in the North Sea.

Cue Energy has announced that production from the Maari MR7A development well, offshore New Zealand, has been brought on stream, with a provisional initial production rate between 1,500-2,000 barrels of oil per day (bopd).

BW Offshore, an Oslo-based provider of floating production systems to the international oil and gas industry, has reported that its net profit for 1Q 2015 has dropped amounting to $5.

A North Sea Oil worker has been evacuated by helicopter from the Brent Delta platform.

A once-popular pair trade pitting the U.

Italy’s Eni has confirmed a new discovery of gas and condensates offshore Libya, in the Bouri North exploration prospect in Area D, 140 kilometers from the coast and 20 kilometers north of the production field of Bouri.

Board of directors of Pemex, the Mexican national oil and gas company, has on their latest meeting held on Friday, May 22, 2015, established a cogeneration and services unit, and has appointed a committee for the Pemex Exploration and Production division.