Oil & gas news

The NPD reviews this significant North Sea find.

Company also poised to take advantage of opportunities that may arise.

The Persephone Project consists of two wells tied into a subsea production manifold.

Roxi has provided a further update to the market with news of progress at its BNG asset, and in particular progress at its Deep Well A5.

Statoil and its partners will today submit the PDO for Johan Sverdrup to the Norwegian Ministry of Petroleum and Energy.

Saudi Arabia budget insulated from effects of lower oil prices.

A quick overview of Hungary’s oil, gas and petrochemicals sector with Business Monitor International.

Karoon Gas Australia Ltd’s Kangaroo-2 appraisal well confirmed a 250 m gross oil column in Paleocene and Maastrichtian aged reservoirs.

Artek is in a position to be conservative in its capital expenditure program through the first half of 2015.

Petrobras has announced that the Libra Consortium has drilled and tested the first appraisal well in the Libra area, Santos Basin.