Drilling & production

BP is set to announce plans for significant job cuts to staff in its North Sea operations later today, according to several news reports.

The benefits of exporting crude oil from the US, in a nutshell, as presented by Ryan Lance, ConocoPhillips CEO and Chairman.

Total has started gas and condensate production from the West Franklin Phase 2 project in the Central Graben area of the UK North Sea.

External pressures on Russia’s oil and gas industry have compelled the country to seek partnerships with Asia-based companies.

Revised 2015 guidance: reducing costs while maintaining growth and balance sheet integrity.

Product portfolio to be expanded with high quality deck winches.

io is a new model of consulting in offshore field developments.

The FPSO is owned by Sonasing and operated by OPS.

Hima-Sella has been awarded a contract to develop an emergency shutdown (ESD) system for a North Sea oil platform.

EFC Group has completed a £1.3million contract to design and build a BOP and diverter control system for Dalian Shipbuilding Industry Offshore Co.

New regulations on methane proposed by the Obama administration could disrupt America’s energy renaissance

Austrian energy group OMV wants to boost its oil output from Yemen by half if conditions allow.

Analysis from Frost & Sullivan finds that the market earned revenues of about US$10 billion in 2013 and estimates this to reach more than US$14 billion in 2020.

Williston Economic Development has launched the Enhanced Bakken Supply Chain Initiative to reduce costs and increase efficiencies for Bakken operators.

UK independent producer Cairn Energy confirmed on Tuesday that its Catcher and Kraken field developments in the UK North Sea remain on track.