Oil & gas news

Fugro and the US National Oceanic and Atmospheric Administration Office of Ocean Exploration and Research are focusing on mapping deepwater areas of the US Exclusive Economic Zone (EEZ).

Ocean Power Technologies, Modus Seabed Intervention and Saab Seaeye are developing an autonomous resident AUV system.

Julie Thomson has ben appointed as the Group's Chief Financial Officer.

The move, beginning from April, is in response to the oil price war between Saudi Arabia and Russia.

The price war will heavily impact service company revenues, even driving some out of the market, according to Rystad Energy.

The UK Oil and Gas Authority has halted its licensing rounds for offshore exploration acreage in the North Sea at least until next year.

The employee had recently been to Austria and is not seriously ill.

Tailwind Energy will make a final investment decision on the Evelyn field, in the central North Sea, in 2020.

The Sole gas project has passed a critical milestone with the first flow of gas from the Sole gas field to the Orbost gas processing plant.

Production had been suspended at the Cliff Head Alpha Platform offshore Western Australia due to an electrical fault.