
Rey acquires 50% interest in the Derby Block
The Derby Block is a large exploration licence of approximately 5000 km2 that was recently granted to Backreef (50%) and Oil Basins Ltd (50%).
Stay up to date with the latest news and updates from the oil industry.

The Derby Block is a large exploration licence of approximately 5000 km2 that was recently granted to Backreef (50%) and Oil Basins Ltd (50%).

Statoil has received consent to use facilities on the Tune field until 2020 from the Petroleum Safety Authority.

Repsol Chairman Antonio Brufau and NNK President Eduard Khudaynatov signed the agreement today in Madrid.

A new report has been released that takes a look at the oil and gas sector in Qatar.

A round-up of some recent appointments in the oil and gas industry.

Business Monitor International looks at the oil and gas sector in a selection of Asian nations.

Bjørnar Tonhaugen, VP Oil & Gas Markets, Rystad Energy, on OPEC decision scenarios and oil market realities.

Rock Seven has introduced a new Machine-to-Machine data communication module for its RockFLEET vessel tracking system.

Mexco Energy Corporation has announced the purchase of various royalty interests covering approximately 580 wells in eight states.

The opening of the office reflects Statoil’s increased ambitions in the German market.

Technip has signed a contract with Statoil for the Gullfaks Marine Operations Pipelay and Subsea Installation project.

News from the UK government and Shell Cansolv regarding cutting carbon levels in industry.