Reuters - The U.S. Energy Department said on Wednesday that it has been discussing the release of 5 million barrels of crude from its emergency reserves for "many
Offshore Marine Management (OMM) has teamed up with Geofabrics Australasia, who provides geotextiles and geosynthetic engineering solutions, to create a new and effective,
Reuters - Brazil's Petroleo Brasileiro SA may find as much as 10 billion barrels of oil in a group of offshore exploration blocks bought from the government in an oil-for-stock swap,
By Serajul Quadir, Reuters
Australian oil and gas company Santos and Singapore-based Kris Energy signed a production-sharing contract (PSC) on Wednesday to explore
Dutch energy company Eneco has purchased Fugro’s new wind LiDAR buoy while a Japanese company is to deploy its buoy close to a floating power generation system.
Four U.S. oil refiners, trying to counter growing calls to lift the nation's ban on most crude oil exports, have launched the first major lobbying effort to keep abundant U.
Leak detection and environmental monitoring within the offshore renewables and oil and gas sectors are a key focus for Kongsberg Maritime at Oceanology International 2014,
DOF Subsea Norway AS has been awarded a call-off on an existing Survey Frame Agreement with Statoil Petroleum AS for 2015 in a contract estimated at more than NOK 200 million.
Reuters- An expected fall in Germany's wind power supply lifted spot power contracts slightly on Tuesday while French prompt prices were little changed on stable consumption expectations.
U.S. crude stocks likely rose 2.2 mln barrels last week.
By Manash Goswami
Brent futures were steady on Tuesday and held above $108 a barrel as a worsening
Oil firm Statoil did not respect International Financial Reporting Standards (IFRS) on three points when it reported its 2012 accounts, according to the Nordic country's financial watchdog,
Power and automation technology group, ABB, informs it has won three orders worth $60 million for internal and external telecommunication systems for three Statoil
By Paul Kilby, IFR
Petrobras has launched a $8.5 billion six-bond offering after generating a $22 billion plus order book.
The trade was launched as a $1.
Bureau Veritas (BV) said it has signed a framework agreement with LM Wind Power, a supplier of components and services to the wind industry, to cover the certification
Hertel hereby announces that Victor Aquina, currently Managing Director of the Hertel Caspian region and the former CEO of Nacap, will be appointed as CEO of Hertel as of 1 April 2014.
By Karolin Schaps, Reuters
Scottish nationalists are betting $2.5 trillion of hydrocarbons trapped miles beneath the North Sea could bankroll an independent Scotland,
A government panel has recommended Japan lift the amount utilities must pay for electricity from offshore wind farms while cutting prices for power fed in from solar projects,
Norway's Statoil has drilled a dry well in the North Sea, the Norwegian Petroleum Directorate said on Monday.
The well was drilled in production license 248 C some 5 kilometres from the Fram field.
France-based manufacturer of tubular pipes & fittings, Vallourec, informs it has been awarded a $100 million contract for the supply of premium pipes with VAM®
Iona Energy Inc. informs in an operational update on its Huntington Oil Field, located in the UK North Sea, that during February 2014, Iona produced on average 5,