Oil & gas news

Statoil has completed its extensive 2013-2014 exploration programme in the Barents Sea.

GE Oil & Gas plans to invest US$ 60 million in expanding and modernising its foundry operations in Lufkin, Texas.

Statoil has been awarded interests in 12 new licences, 9 as operator, in the 28th licensing round on the UK continental shelf.

The 3rd Annual Oil & Gas Awards, taking place in 2015, are now open for entries.

Ninety percent of voters in the US elections recognised that increased oil and gas production could lead to more jobs.

A University of Aberdeen student has been named as the 2014 Energy Apprentice, in an event organised by SPE.

Jack-Up Barge has placed a significant order with Asian Offshore Services for additional accommodation.

Grommet slings fabricated for Saudi Aramco project to provide heavy lift slings for offshore oil and gas drilling and rigging.

Decision to suspend made due to overcapacity in the rig portfolio.

A new report looks at the oil and gas market in North Africa.