Saudi Arabia raised the official selling prices (OSPs) for its oil deliveries to Asia and the United States on Tuesday, in the latest signal OPEC's largest exporter is seeing signs of stronger demand.

The Petroleum Safety Authority Norway (PSA) has decided to launch an investigation into an incident on Transocean Barents on March 4, 2015 when a roughneck suffered crush injuries.

Lundin Petroleum has kicked off drilling operations of exploration well 33/2-2S in PL579, offshore Norway.

Norway’s Scana Industrier ASA has decided to cease further funding of its subsidiary Scana Steel Stavanger AS, a provider of steel components to the offshore oil and gas industry.

Wintershall has taken over the operatorship of the subsea oil and gas field Vega, off Norway, from Statoil.

Murphy Oil Company Ltd.

The Petroleum Safety Authority Norway (PSA) has set up a working group to examine possible means of reducing costs on the Norwegian Continental Shelf associated with rig movements between the shelves in the North Sea.

Forum Energy, a UK-based oil and gas exploration and production company, has declared a force majeure on Service Contract SC72, offshore the Philippines.

Saudi Arabia's subtle change of energy policymaker line-up since the accession of new King Salman in late January appears to give the monarch's inner circle a firmer hand on the kingdom's oil strategy than previous rulers have enjoyed.

Technip has been awarded a contract from Tupi BV, a consortium composed of Petrobras Netherland BV (PNBV, 65%), BG (25%) and Galp (10%), for the ongoing development of the Lula Alto field, located in the Santos Basin pre-salt area, Brazil.