Cobalt International Energy, Inc.

Noble Corporation, a UK-based offshore drilling contractor, has secured contracts for three of its drilling rigs in the Middle East.

Royal Dutch Shell Plc's $70 billion agreement to buy BG Group Plc may be just the signal that other dealmakers need to make their own energy takeover bets, particularly in the U.

Statoil has made an oil discovery in its Miocene Yeti prospect located in the U.

When it comes to forecasting the oil price, big companies play their cards very close to their chests.

Shell raised the prospect of withdrawing from the Arctic and scaling down its North Sea operations as it announced the largest deal in the industry for a decade – the £47bn takeover of BG Group, which will focus the business more narrowly on liquefied natural gas (LNG) and deep water oil and gas production.

Aker Solutions, a Norwegian oil services company, has denied Norwegian media writings on the company’s alleged plans to cut more staff in Norway.

Danish drilling contractor Maersk Drilling has won a contract extension for one of its offshore drilling rigs.

Golden Parachute is an expression describing a contract clause given to a top executive of a company, guaranteeing a hefty payment in case the company gets taken over by another company and the executive loses his job.

Total E&P Norge AS, operator of production licence 627, is about to complete the drilling of wildcat well 25/6-5 S, in the Norwegian North Sea.