Latest news
BP inks $12 billion energy agreement in Egypt
Oil firm BP has inked a deal to make an investment $12 billion in Egypt that will produce 3 billion barrels of oil equivalent, as stated jointly by the company and the government on Saturday.
read more... 16/03/2015
Two exploration wells in east Ukraine have been abandoned by Shell
Royal Dutch Shell has dropped two natural gas exploration wells in eastern Ukraine after they were considered inefficient, as stated by the oil major on Thursday.
read more... 13/03/2015
Scottish oil and gas tech start-up obtains £1.5 million
A start-up company based in An Aberdeen has won funding estimated at £1.5 million to develop new technology for the oil and gas industry.
read more... 12/03/2015
New oil and gas facility opened by GE for subsea projects in Australia
A new oil and gas facility has been opened by General Electric (GE) in Broome, Western Australia to service subsea projects.
read more... 10/03/2015
Statoil: contract of NOK 8 billion for oil platform awarded to Aibel
Statoil has awarded a deal estimated at NOK 8 billion (£0.7bn) to construct an offshore drilling platform.
read more... 26/02/2015