Swiss company, Allseas have confirmed that their new offshore vessel the Pieter Scheite, is currently undertaking sea trials and is on-route to Rotterdam from South Korea.

GDF Suez has signed a contract with Idemitsu for the acquisition of 10% share in the license PL 420, in the North Sea.

Babcock has completed a second walk to work (W2W) contract with Total E&P UK, as part of the Elgin B and West Franklin wellhead platforms commissioning in the UK North Sea.

The peak price of oil may have passed, according to industry analysts Gaffney, Cline and Associates.

One person was killed and three others were injured in an explosion on an Oil Rig in the Gulf of Mexico yesterday according to the Bureau of Safety and Environmental Enforcement (BSEE).

Abu Dhabi: Suhail Bin Mohammad Faraj Faris Al Mazroui, Minister of Energy, has revealed that Abu Dhabi National Oil Company (ADNOC) has so far invested $70 billion (Dh257 billion) to develop new oil and gasfields and to boost the current output capacity of the UAE to 3.

“The scale of the climate challenge requires us not only to ask how we can do more, but how we can achieve the most.

Seadrill, one of the world’s leading offshore deep-water drilling companies has chosen Liverpool for its new global service centre.

NATS - The National Air Traffic Service has released a time lapse video showing a day of air traffic above the UK.

ABERDEEN has been named as the second-best place in the world for workers in the oil and gas industry to live.