Tuesday, December 01, 2015 Norwegian companies that provide supply ships and drilling rigs to the global oil industry face a bleak year ahead as contracts disappear and financing options dwindle in the face of weak global crude prices.
Friday, November 27, 2015 88 Energy Limited expects its drilling operations at the Icewine #1 exploration well, located onshore Alaska, to remain within budget despite delays related to equipment repair.
Friday, November 27, 2015 FAR Ltd, along with its joint venture partners, receives a presidential decree to extend a current Petroleum Sharing Contract (PSC) in Senegal by three years, starting from February 6, 2016.
Tuesday, December 01, 2015 DNO, Genel and Gulf Keystone's combined CAPEX in Kurdistan has fallen considerably as a result of the Kurdistan Regional Government's lack of payment to producing international oil companies.
Monday, November 30, 2015 Oil output from BP-led oilfields in Azerbaijan in the first three quarters of 2015 dipped compared with a year earlier, BP-Azerbaijan said, due to platform maintenance earlier this year.
Tuesday, December 01, 2015 Transocean won a contract to drill four wells off Norway for Det Norske at a day rate of about $180,000, the lowest recorded tariff in the Nordic country since oil began to tumble last year.
Tuesday, December 01, 2015 Chinese investment group Fosum International is interested in buying two small natural gas fields in the eastern Mediterranean from Israel's Delek Group, according to a source.
Tuesday, December 01, 2015 Australia's Enhanced Oil and Gas Recovery re-negotiates a lower purchase price for Centre Energy Petroleum, operator of the Wailawi Oil & Gas Project in East Kalimantan, Indonesia.