Drilling & production - 19 October 2012

Norwegian oil workers have voted in favour of a pay deal that will see their incomes rise by 4.5%

The latest EIC monthly report shows an upsurge in new projects for Q3 2012 while total potential investment value is up 17% on the last quarter.

After investigating reports of a fresh surface sheen in the area around the site of the Macondo well, BP has reported that there are no signs of a fresh leak and that the oil may have come from the cofferdam that was used in an unsuccessful attempt to cap the well.

South Sudan is to start pumping oil through pipelines to Port Sudan following successful discussions with its neighbour Sudan.