Drilling & production

BP expects US$1 billion in Group-wide restructuring charges over coming year.

The company purchased 233 881 of its shares at an average price of NOK 65.87/share.

Located around 50 miles offshore, the field is connected to the 3000 t Dolphin platform.

The project extension will commence in January 2015 following a successful first contract period.

Officials from Gazprom and Comita meet in Berlin to discuss main areas and prospects for further cooperation.

A small Houston-based oil and gas exploration company is planning to drill a well on acreage potentially holding 266 million boe in an under-explored region in Utah.

Total has entered into a definitive agreement for the acquisition by Temasek of its entire remaining stake in GTT.

Disappointing results from recent exploration and production activities has cast doubt over unconventional operations in Australia.

AVEVA will support Det norske to improve quality and cut project time.

AnTech Ltd has announced the expansion of its UK premises in Exeter, UK.

Coretrax has appointed a global business development director to focus on the expansion of the company’s global presence.

More than 665 attendees participate in the SPE International Heavy Oil Conference and Exhibition in Kuwait.

The Board has appointed Tore Jakobsen as new President/CEO for an interim period.

The training courses were held from 16 to 27 November 2014 in the UAE.

Statoil has been awarded four new exploration permits offshore New Zealand, building on its existing position.