Oil & gas news

The project will be tied back to the Åsgard A oil production vessel, with planned production startup anticipated in 2019.

Comprehensive reservoir and rock analysis portfolio now available.

Complementary transaction combines GE’s oil and gas technology, manufacturing and digital platform with Baker Hughes’ oilfield services offerings and technologies

The Wall Street Journal has reported that the deal would involve merging with GE.

Joint agreement to develop technology, infrastructure and skills necessary for future marine and offshore systems, digital and data innovation, and robotic autonomous systems in a marine environment.

For the energy industry, the politicisation of critical infrastructure decisions is nothing new.

The new 'life of field' agreement covers the provision of operations and maintenance (O&M) services which has the potential to run until 2023.

The journey should take approximately 50 days, bringing the vessel to the Kraken field on course for first oil in H1 2017.

The 29th Frontier Licensing Round is the first licensing round in two decades to focus on frontier areas.

The EIA has reported an increase in offshore oil production.