Oil & gas news

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.

Well 35/10-5 will be drilled from the West Hercules drilling facility.

US natural gas production grew by 9.8 billion ft3/d in 2019, a 10% increase from 2018, according to the US Energy Information Administration.