Exploration - 15 January 2015

Norwegian Energy Company ASA is reducing its ownership in licence 9/95 on the Danish continental shelf from 20.1% to 16%.

Norway's Statoil handed back three out of its four Greenland offshore oil and gas exploration licenses.

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.

Ryan Lance, CEO and Chairman of ConocoPhillips has spoken in favour of US exports of surplus crude oil.