Maersk Oil Qatar, the country’s largest offshore oil producer, held its annual Qatarization awards ceremony this week, to recognise the people and initiatives that have supported the company’s efforts to hire and develop the nation’s future Qatari leaders.

China is thinking of consolidating its national oil companies in order to improve efficiency amid low oil prices, and challenge global oil majors such as Exxon Mobil.

The end of 2014 saw Petrofac’s Offshore Capital Projects (OCP) business reach 5 million man-hours without any recordable lost-time incidents on the Satah Al Razboot (SARB) package 3 project, offshore Abu Dhabi.

Workers are this evening being evacuated off the CNR Ninian Central platform in the North Sea.

Rex International Holding’s jointly-controlled entity, Lime Petroleum Norway AS, has signed an agreement with Tullow Oil Norge to acquire an additional 20 per cent stake in licences PL591, PL591B and PL591C in the Norwegian Sea.

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well the 6706/12-2, cf.