WorldOil Venezuela plight has U.S. rushing for heavy UK crude Oil refineries in the U.S. Gulf of Mexico are buying the most crude from the UK North Sea in more than seven years as they scramble to replace lost supplies from Venezuela. Hurricane Energy announces successful trial fit testing of buoy, FPSO turret at Lancaster field Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, is pleased to provide an operational update on activities related to the Early Production System at Lancaster field (Lancaster EPS). New Products and Services National Oilwell Varco (NOV) has introduced the iSeries NXT platform to its portfolio of Tolteq MWD/LWD directional systems and tools. BP exploration discoveries mark positive start for North Sea in 2018 Oil and Gas UK says two new exploration discoveries in the North Sea by a super-major mark a more positive start to the year for the UK’s offshore industry. Western Europe's biggest oil producer is getting another fix A rally in the price of black gold is giving Norway another fix. Jersey Oil and Gas announces approval of Verbier appraisal Jersey Oil and Gas, an independent upstream oil and gas company ‎focused on the UK Continental Shelf (UKCS) region of the North Sea, is pleased to announce that the co-venturers in respect of UKCS Licence P.2170 (Blocks 20/5b and 21/1d) (P.2170), which contains the Verbier oil discovery and the Cortina prospect, have approved a work program and budget for 2018. Enpro Subsea receives PE funding for development of production, intervention technologies Enpro Subsea has secured investment from EV Private Equity (EV) to grow its production optimization business into new and existing international markets and further develop its range of production optimization and intervention technologies. United Oil and Gas announces option agreement to farm into UK's Acle prospect United Oil and Gas Plc, the London Stock Exchange listed oil and gas exploration and development company, is pleased to announce a no cost option agreement to farm into offshore Block 49/29c UK Licence P2264, which contains the Acle prospect (option agreement), jointly owned by Swift Exploration Limited (50%) and Stelinmatvic Industries Ltd. (50%). Subsea Expo to explore overseas opportunities for UK companies With UK subsea exports valued at almost £4 billion, Subsea UK is encouraging British firms to target international expansion to sustain long term growth. Fluor secures contract for Shell Penguins offshore UK project Fluor Corporation announced today that the company was awarded a contract by Shell for the engineering, procurement and fabrication of Shell’s Penguins floating production storage and offloading (FPSO) vessel in the North Sea.