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Exploration

 

US not taking chance

New energy proposal shows US still not seizing energy opportunity.

 

API call for commitment

API calls offshore leasing proposal a test of commitment to being the world leader in energy.

 
 
 

Suncor receives consent

Suncor Energy Norge AS has received consent to drill exploration well 34/4-14 S and A.

 

KBC Energy Economics oil market outlook

Oil prices have continued to plunge in the wake of OPEC’s decision not to cut oil output in support of prices at its 27 November meeting.

 
 
 
 

Lower 48 production stable

Lower 48 oil production outlook stable despite expected near-term reduction in rig count.

 
 
 

Aker Geo becomes First Geo

Leading sub-surface consultancy Aker Geo will operate under the First Geo brand with immediate effect.

 

Smallest look weakest

Oil services companies that supply rigs and carry out seismic surveys face a bleak outlook of cutbacks and contract cancellations.