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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...
Read moreTechnip wins contract to develop Kodiak field in Gulf of Mexico
French engineering and construction firm Technip has secured a contract from Deep Gulf Energy II to develop the Kodiak field...
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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...
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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...
Read moreBrent declines below $97 on weak Chinese economic data
The price of Brent crude oil traded below $97 per barrel on Monday amid weak Chinese economic data. Reuters...
Read moreFox Petroleum plans to build FSRU LNG terminal in Karnataka, India
Fox Petroleum has unveiled its plans to construct a floating storage regasification unit (FSRU) liquefied natural gas (LNG) terminal in...
Read moreOil trades below $98, recovering from two-year low
The price of Brent crude traded at just below $98 a barrel on Tuesday, recovering from its decline to a...
Read moreMitsubishi to acquire 20% stake in Ivory Coast offshore oilfield
Mitsubishi has agreed to acquire a 20% ownership interest in an offshore oilfield offshore Ivory Coast from Anadarko Petroleum. ...
Read moreBrent crude oil steadies at $99 on hopes of OPEC output cut
The price of Brent crude oil has steadied at $99 per barrel on Wednesday on expectations that the Organization of...
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ONGC Videsh to explore oil and gas offshore Vietnam
India-based ONGC Videsh has agreed to participate in the exploration of oil and gas offshore Vietnam. ONGC Videsh signed...
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