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Jan 2014

  • 10 new exploration licences awarded in Norway for Faroe Petroleum

    10 new exploration licences awarded in Norway for Faroe Petroleum ABERDEEN Faroe Petroleum announced that it has been awarded 10 new prospective exploration licences, including two operator ships, under the 2013 Norwegian APA (Awards in Predefined Areas) Licence Round on

    Exploration, Drilling and Completions, Production, Offshore, Europe Read More

Jan 2014

Nov 2013

  • Abu Dhabi’s new Das crude to replace two oils from July

    ABU DHABI, United Arab Emirates (Bloomberg) -- Abu Dhabi, holding about 6 percent of the world’s proven oil reserves, introduced a new crude blend, Das, to improve shipping flexibility as the United Arab Emirates sheikhdom seeks to boost production.

    Production, Industry Overview, Middle East Read More

Oct 2013

Oct 2013

  • AEG Affiliated Energy Group acquires working interest in Louisiana oil project

    KANSAS CITY -- AEG Affiliated Energy Group and its affiliates have acquired a 10% working interest in a conventional oil project in Louisiana. The project focuses almost entirely on oil, rather than natural gas, with objectives near 14,000 ft. All requisite drilling permits were obtained before the federal government shutdown, with an initial spud date expected this month.

    Exploration, Production, Industry Overview, North America Read More

Aug 2013

Jul 2013

Jul 2013

Jul 2013

Jun 2013

  • ABB wins $20-million North Sea FPSO order

    ZURICH -- ABB has been awarded an oil and gas contract worth $20 million for providing power and automation technologies to an FPSO vessel built by the Chinese shipyard COSCO Nantong for Dana Petroleum. The contract was signed in the second quarter of 2013.

    Production, Industry Overview, Offshore, Europe Read More


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