Norway’s Statoil has informed that the Valemon gas and condensate field in the North Sea was brought on stream on Saturday, January 3, 2015 at 08.

Rosneft, Rostec Corporation and Italian group Finmeccanica signed trilateral agreement for strategic partnership.

Five companies have been awarded licenses covering 10 exploration blocks in the Adriatic Sea in Croatia's first licensing round.

The closing weeks of 2014 was an interesting time for anyone interested in energy policy, Scottish politics, or the price of the fuel they put in their car.

ConocoPhillips has started oil production from its Eldfisk II project in the Norwegian North Sea.

Chevron has become the latest major operator to join Viper Subsea’s Joint Industry Project (JIP) to develop its Subsea Integrity Monitoring System known as V-IR.

Dyna-Mac has secured a contract with a preliminary sum close to S$89 million for the construction of 10 units of FPSO topsides modules and 1 unit of flare tower from BW Offshore, a provider of floating production services to the oil and gas industry.

Norway’s drilling contractor Norshore has informed that its multi-purpose drilling vessel Norshore Atlantic, operating for Sabah Shell Petroleum Company Ltd.

Following the commitment from the Egyptian government to repay outstanding debts to the energy industry, BG Group plc, has received a further payment equivalent to $350 million.

Swedish independent oil company Lundin Petroleum AB has completed the drilling of wildcat well 6405/12-1 on PL584.