Dana Petroleum has completed the drilling of the Lille John-2 appraisal well and side-track on the Lille John oil field in licence 12/06 in the Danish North Sea.

An oil and gas standby vessel, Caledonian Victory, this morning sent out its “fast rescue” boat in response to a mayday from the Banff registered Beryl fishing vessel after a crew member fell overboard.

Harvey Gulf International Marine, made maritime history in North America on Friday, saying that its offshore support vessel bunkered LNG as a marine fuel.

China’s national oil company CNOOC has signed two production sharing contracts (PSCs) with South Korea’s SK Innovation Co.

JOGMEC has announced today that it will provide equity financing to INPEX OFFSHORE NORTH WEST SABAH, LTD.

Maire Tecnimont’s subsidiary Tecnimont S.

$50 oil prices could lead to the early decommissioning of North Sea facilities and the loss of 6bn barrels of oilIn a stark warning to the Government over the future of the North Sea, one of the oil industry’s leading figures, has warned that 6bn barrels of oil reserves – a third of what remains under the seabed – worth £200bn may be abandoned unless radical steps are taken to reform the tax regime for offshore drilling.

Allseas, the Swiss-based company which found itself in the spotlight last week after unions and Jewish communities protested over the name of its ‘Pieter Schelte’ vessel, is going to rename the recently delivered giant.

Prosafe, the world’s largest owner of offshore accommodation rigs, known as flotels, has today reported its net profit for the fourth quarter of 2014 was $51 million.

Operator Statoil has together with PL035 partners completed a two-well programme in the Krafla area in the North Sea.