Exploration

Technip has announced financial results for the second quarter 2014.

Total has reported an adjusted net income for Q2 2014 of US$ 3.2 billion, down 12% from the corresponding period last year.

In his column for the Journal of the International Energy Agency, Energy Secretary Edward Davey explains how the UK must act to ensure future energy security.

A judge has ordered protestors to remove a wooden tower currently blocking the entrance to a prospective fracking site.

Australian oil and gas services group Valmec Ltd has secured AUS$ 10.5 million in service contracts.

Business Monitor International has released a new report on the Saudi Arabian oil and gas market to 2023.

Saipem recorded revenues of €3.075 billion and a net profit of €75 million in the second quarter of 2014 (ended 30 June).

The US EIA explains that as cash flow has flattened, major oil companies have increased their debts and sold assets.

David Goldwyn of the Brookings Institute explains how the US can act to defend against today’s energy and security challenges.

BASF has announced increased earnings in the second quarter due to higher volumes.

The revisions to the Alberta EOR royalty program will have a positive impact on the economics of Zaragon’s Little Bow project.

Cameron Madgwick has been appointed as the Petroleum Exploration and Production Association’s new Chief Executive Officer.

A new international occupational health and safety management systems standard is currently under development.

BP has warned that further sanctions on Russia could have an adverse effect on the company’s finances and operations.

Australian energy company WHL Energy Limited has announced that the 590 square miles Junon 3D seismic survey offshore Seychelles has been completed.