Oil & gas news

Shell has announced the sale of approximately 156.5 million shares in Woodside Petroleum, representing a total value of US$ 5 billion.

Unique Maritime Group CEO, Harry Gandhi, has been honoured by the International Golden Helm Awards 2014.

Professor of Global Energy at Warwick Business School, Michael Bradshaw, has commented on the Russian decision to cut off gas supplies to Ukraine.

OceanGeo has been awarded a contract to acquire a substantial 3D ocean bottom seismic survey offshore Republic of Congo.

ION Geophysical has entered into an agreement to increase its ownership of ocean bottom seismic acquisition company OceanGeo to 100%.

According to the US Energy Information Administration (EIA), US crude exports rose to the highest levels in 15 years in April.

J2 Susbea, an Acteon company, has agreed to represent WeSubsea products in the UK and overseas.

FMC Technologies received an order in May from C-Innovation to supply six ROV systems for its subsea operations business.

Inpex has been awarded an exploration permit that will help the company to maximise the potential value of the Ichthys LNG project.

MedcoEnergi has a acquired a subsidiary of Toronto-listed Chinook Energy with participating interest in eight oil and gas operations in Tunisia.