French oil and gas company Total will cut spending on ageing North Sea fields and on U.

Det norske oljeselskap ASA has initiated drilling at its Ivar Aasen field in the Norwegian part of the North Sea.

Talisman oil and gas firm failed to carry out more than 180 safety-critical jobs on time on a North Sea platform.

Safe Boreas, a newly built offshore accommodation rig owned by Prosafe, is on its way to Norway.

Shell has today said the divers have managed to isolate the Curlew FPSO from the Fulmar gas line, following a gas leak detected near the FPSO on Monday night, in the central North Sea, 220 kilometers east of Aberdeen, Scotland.

The number of offshore related sea ships mooring in the Port of Den Helder in the Netherlands, rose in 2014 to 2,776, representing 7 % growth as compared to 2013.

Brazil’s Petrobras has informed the company is saving $5 million per well by replacing drillships with technology adapted for pre-salt depths.

BPZ Energy, an today provided initial production rates from the Albacora A-27D development well at offshore Block Z-1 in Peru, in which the company owns a 51% stake.

Singapore’s Keppel Corporation has reported its revenue for the fourth quarter of 2014 was $3,925 million was $327 million or 9% higher than that of 4Q2013.

(Reuters) - Oilfield service providers Baker Hughes Inc and Halliburton Co plan to cut thousands of jobs as drilling activity slows further due to a steep fall in crude oil prices.