Exploration

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.

Cambridge MP Julian Huppert officially opened the new centre on 28 July.

BP has announced its financial results for Q2 2014.

David Goldwyn, Brookings Institute, explains how the US can help to mitigate climate change while enhancing its own energy security.

Matthew Germain, lawyer at Osborne Clarke, comments on the legal implications of fracking.

The Oman government is to set up specialised institutes to meet oil and gas sector employment demand.

Subsea applications manufacturer, Hydro Group, prides itself on committing to the next generation of employees.