Oil & gas news

Lundin Petroleum’s exploration well investigated the hydrocarbon potential of the Lindarormen prospect, located 93 miles northwest of Kristiansund.

The Valemon gas and condensate field in the North Sea was recently brought on stream by Statoil and partners.

January 2015 marks the 25th year since the founding of Douglas-Westwood.

Ivanhoe Energy receives an additional US$540 000 short-term loan from Robert Friedland.

Paragon Offshore plc today announced that Paragon repurchased an aggregate principal amount of US$25.2 million of its senior unsecured notes.

Royal Dutch Shell plc has announced that it has entered into an arrangement with an independent third party to enable the purchase of ordinary shares.

Keppel secures contract to perform second FLNG vessel conversion for Golar.

Petrobras declares commerciality of the Santos Basin pre-salt areas of Iara and Entorno de Iara.

Det norske has received consent to use Transocean Winner to drill production wells on the Alvheim field.

Following the commitment from the Egyptian government to repay outstanding debts to the energy industry, BG Group plc has received a further payment.