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DTEK Oil & Gas to invest $37 million into Ukraine's Zinkivska Block

DTEK Oil & Gas and its subsidiaries have been selected as winners in a competition for the largest Product Sharing Agreement (PSA) in Ukrainian history.

Iran says seized oil tanker in Gibraltar wasn't sailing to Syria

Iran said an oil tanker that was seized by British forces near Gibraltar wasn’t destined for Syria.

Frame agreement results in triple contract completion for Rever Offshore

Rever Offshore, a leading subsea services provider to the oil and gas industry, continues to consolidate its North Sea presence, announcing the successful completion of three standalone contracts for energy major, Total E&P UK.

Equinor finds more oil in the Oseberg area

Equinor has, on behalf of the Oseberg partners, made a profitable oil discovery related to Oseberg Vestflanken.

British forces seize oil tanker for violating Syria sanctions

British special forces seized a supertanker off Gibraltar suspected of carrying Iranian oil to Syria in violation of European and U.S. sanctions against the war-torn country.

Over $430 million to be invested in the exploration of oil, gas fields in Ukraine

The results of nine international PSA tenders, covering 11.400 km2 of onshore acreages, have been concluded by Intergovernmental Commission on July 1.

Airborne Oil & Gas awarded second Anasuria contract in North Sea

Airborne Oil & Gas has secured a second award from Anasuria Operating Company Ltd (AOC) to deliver a second high-flow Thermoplastic Composite Pipe (TCP) Jumper Spool in the Central North Sea.

Marathon Oil closes on sale of its UK business

Marathon Oil Corporation (NYSE: MRO) announced today the company has closed on the sale of its UK business, which consists of the Brae area fields and Foinaven, to RockRose Energy PLC.

Tata Steel wins pipe contract for North Sea project

Tata Steel has secured a contract to provide high frequency induction (HFI) line pipe for an oil and gas project north-east of Shetland in the UK North Sea.

ConocoPhillips submits re-development plan for Tor field

On behalf of the licensees, operator ConocoPhillips has submitted a Plan for Development and Operation (PDO) for a re-development of Tor field, in the Greater Ekofisk area in the North Sea.

Aker BP discovers oil at Frosk, west of Stavanger

Aker BP ASA, operator of production license 340, has finalized the results after drilling wildcat well 24/9-15 S (Froskelår Nordøst) and appraisal well 24/9-15 A.

Siccar Point Energy completes Lyon exploration well

Operator Siccar Point Energy has completed an exploration well 208/02-1 on the Lyon Prospect in License P1854 in the West of Shetland.

Well-Safe Solutions invests in new Aberdeen headquarters

Well-Safe Solutions today announced it will be moving headquarters, following a landmark contract win and acquisition of its first asset.

Aker BP misses the mark north of Gina Krog

Aker BP ASA, operator of production license 777, has completed the drilling of wildcat well 15/6-16 S. The well was drilled about 10 km north of Gina Krog field and 220 km west of Stavanger in the central part of the North Sea.

Equinor awards sand screen services contracts worth NOK 1 billion

Equinor has signed three-year contracts with Tendeka AS and Baker Hughes Norge AS for providing sand screen services at a total value of around NOK 1 billion, including options for five two-year extensions.

Capricorn Norge AS granted drilling permit northeast of Norne

The Norwegian Petroleum Directorate has granted Capricorn Norge AS a drilling permit for well 6608/11-9 cf. Section 15 of the Resource Management Regulations.

Equinor, OMV to cooperate on Wisting development, Hades/Iris discovery

Equinor and OMV have signed two memorandums of understanding (MoU) to cooperate on both the Wisting development in the Barents Sea and the concept development for the Hades/Iris discovery in the Norwegian Sea.

Wood continues growth in Norway with two new Equinor contracts

Wood has secured two new contracts from Equinor for onshore and offshore facilities in Norway.

BHGE opens subsea Centre of Excellence in Montrose, Scotland

Baker Hughes, a GE company (BHGE) opened its transformed Centre of Excellence (CoE) facility at an inauguration ceremony with Minister for Energy, Paul Wheelhouse, customers and employees.

Aker BP successfully carries out North Sea decommissioning using cutting edge technology

Aker BP selected Optime Subsea as a provider of well access system and -services on the Norwegian Continental Shelf (NCS).