Maersk Oil UK has entered into consultations with staff following an announcement that it’s to reduce its onshore head count, by up to 50 members of staffThe company has said that staff reductions are likely to be up to 35 members of onshore staff and a further reduction of an estimated 19 contractors.

Oil rose more than 3 percent on Thursday, pushing Brent crude to a 2015 high above $63 per barrel on increasing evidence that U.

UK’s Petrofac has completed a project for Nexen Petroleum UK Ltd.

TGS has signed a joint venture agreement with Dolphin Geophysical (DOLP) to acquire 4,500 km(2) 3D multi-client seismic survey over the western part of the Hammerfest Basin in the Barents Sea, Norway.

French oil major Total plans to halt crude refining at its loss-making La Mede site near Marseille by the end of next year, unveiling a much-awaited plan to adapt to declining demand for petroleum products in Europe.

Iona Energy has informed that the four production wells at Huntington field, located in the UK North Sea, are now fully back on stream.

Singapore’s Swiber Holdings Limited has secured a US$133 million contract, the third major award in India in the last three months, for Engineering, Procurement, Installation and Construction (EPIC) services in India.

KrisEnergy Ltd.

Hibiscus Petroleum’s jointly-controlled entity, Lime Petroleum Norway AS (Lime Norway), has executed an agreement with Lundin Norway AS (Lundin) to acquire a 30% interest in PL544, in the North Sea.

Shell has announced that it is to stop flights from Scatsa Airport as it looks to further streamline the company in a bid to save costs.