Europe

Tullow Oil has agreed to sell its Netherlands subsidiary to AU Energy, a subsidiary of Mercuria Energy, for â‚¬62.7m. ...

Four Norway companies join oil spill management project

Eni Norge, Statoil, Gdf Suez E&P Norge, OMV Norge and the Norwegian Coastal Administration have partnered with Aptomar on a...

Xcite Energy, Statoil and EnQuest sign collaboration deal for North Sea oil fields

Xcite Energy Resources, Statoil and EnQuest have signed a collaboration agreement to study the possible use of a common gas...

Statoil starts production at two North Sea oil fields

Norwegian oil and gas firm Statoil has started production at its Fram H-North and Svalin C fields in the North...

Statoil to sell several Norwegian assets to Wintershall

Statoil has agreed to sell several of its Norwegian oil and gas assets to Wintershall for $1.3bn. The company...

Eni makes oil discovery in Ecuador

Italian energy firm Eni has made an oil discovery in Ecuador that could hold around 300 million barrels in place....

Oyster Petroleum to buy 25% stake in UK Central North Sea licence

Exploration and production firm Oyster Petroleum has entered into a farm-in agreement to acquire a 25% interest in licence P.1948...

Deep Sea Mooring secures contract from Repsol

Deep Sea Mooring (DSM) has secured a contract to provide a range of mooring services for Repsol's drilling operations on...

Oil drops below $97 on abundant supplies

The price of Brent crude declined below $97 a barrel today amid abundant supplies and weak European economic data, which...

Sevan Marine wins FEED contract to support Premier Oilâ€™s Bream field in Norway