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Exploration

Making the right energy choices

American Petroleum Institute president comments on how making the right energy choices can help the US economy.

 
 
 
 
 
 
 
 

Record breaking investment in the UK oil industry

Despite a tax increases and a murky economic outlook, a report by Wood Mackenzie reveals that capital investment in the UK oil industry hit a record breaking £7.5 billion last year.

 
 
 

Statoil makes further discovery in Barents sea

Statoil ASA together with its partners Eni Norge AS and Petoro AS have made a substantial oil discovery in the Havis prospect in the same licence as Skrugard (PL532) in the Barents Sea.

 

Total signs two exploration licenses in Mauritania

Total has signed two exploration licenses with the Mauritanian government that gives it, as operator, a 90% interest in Block C 9 in ultra deep offshore and Block Ta 29 onshore in the Taoudeni basin.

 

Schlumberger and Petrofac sign co-operation agreement

Petrofac and Schlumberger announced today that their Integrated Energy Services (IES) and Schlumberger Production Management (SPM) divisions respectively have signed a Co-operation Agreement under which these divisions will establish a working relationship.