North Sea offshore drilling activity has risen in the second quarter of 2010 by 133%, according to figures released by Deloitte; more than double the number of new wells were spudded than in Q1.
Shell is ready to award deals to drill and perform EPC on new oil wells in Iraq’s Majnoon field.
Chevron has made another deepwater gas discovery in its WA-205-P permit area in the Carnarvon basin. It hopes to use the gas discovery to underpin expansion plans at the Wheatstone LNG hub.
API stresses new taxes on oil and gas industry would imperil economic recovery.
Senate action on domestic energy sources imperils jobs and economic growth.
Subsea UK is calling for greater support from the UK government to support the sector and help promote its future growth.
Foreign firms have started to leave Iran as new economic sanctions come into force.
Natural Power Concepts has submitted two new oil spill remediation technologies for dealing with the Gulf of Mexico spill.
BG group has confirmed the presence of light oil in its Tupi Alto well in the Santos basin, reinforcing estimates that there could be up to 8 billion bbls of light oil and gas in the Tupi reservoirs.
Samson Oil & Gas is to sell of part of its Goshen county assets to finance development of their other assets in Goshen County, Williston Basin and the Gulf coast onshore basin.
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Rodinia Oil Corp. (Rodinia) has been awarded two new petroleum exploration permit applications (EPAs) by the State of Western Australia.
Biomass now accounts for 32% of Sweden’s energy needs, having surpassed oil in 2009, putting Sweden firmly on target to meet its renewable energy commitments in 2020.
Amazonian groups have accused Chevron of attempting to sabotage the court proceedings to decide a final settlement for environmental damage claims.
Acergy and Subsea 7 have agreed to combine in order to create a world-leading company and provide better services to their clients.