Oil & gas news

This lift establishes the record for the largest jacket lifted by the vessel to date.

The deal is expected to close in Q2 2015.

Oil prices have continued to plunge in the wake of OPEC’s decision not to cut oil output in support of prices at its 27 November meeting.

African Petroleum Corporation has provided an update on its offshore resources in Côte d’Ivoire and Liberia.

Hess Corporation has announced a 2015 capital and exploratory budget of US$4.7 billion.

KBC presents its oil market outlook for the month of January.

Infrastructure Bill would have introduced a moratorium on the exploration and development of gas from shale in Britain.

HNZ Group Inc. has been awarded a contract by Shell Canada Energy to provide offshore personnel and related services from Halifax, Canada.

Details of the flexible pipe supply contract and installation contract for the Amethyst field.

Lower 48 oil production outlook stable despite expected near-term reduction in rig count.