UK Chancellor George Osborne has announced a major reduction in taxes for the North Sea.
Drilling & production - 16 March 2016
ExxonMobil Chemical continues to ensure its competitiveness in a low oil-price environment, according to a new report from IHS Inc.
The study describes previously mapped, undrilled prospects and undeveloped discoveries that fall within the area likely to be offered for licensing.
The new facility is located in Villahermosa, Mexico, in the heart of the expanding oil and gas market.
Awarded for its contribution to drilling technology for marine riser buoyancy, Trelleborg joins a select group in the Offshore Energy Center Hall of Fame.
Result from Cheptuket-1 wildcat well in Northern Kenya has resulted in the evaluation of further exploration activities in the region.
According to the EIA, hydraulic fracturing accounts for about half of current US crude oil production.