Statoil, along with operator Chevron and other partners, have sanctioned the Jack/St Malo field development, located in the ultra-deepwater Walker Ridge area of the US Gulf of Mexico (GoM).
Aker Solutions has signed three subsea contracts with Shell Offshore Inc for deliveries to the operator's Popeye and Europa fields in the Gulf of Mexico. Contract values are undisclosed.
Crescent Petroleum and affiliate Dana Gas have reached a production and processing capacity of 200 million cubic feet (mcf) of gas per day in Iraq's Kurdistan region, said a company statement.
In a recent survey conducted by the International Quality and Productivity Centre, 44% of the 2,895 Energy sector respondents have chosen retention and employee engagement as the topmost HR challenge in the Oil & Gas sector compared to 19% for recruitment.
Iran and offered to rehabilitate Lebanon's refineries and invest in water projects and gas supplies in the east Mediterranean country and officials from the two countries will discuss the offer today, the Lebanese energy minister's senior adviser said.
Germany's RWE has confirmed a gas find at the Zidane-1 wildcat well, drilled in production licene 435 about 15 kilometres north-west of the Heidrun field in the Norwegian sector of the North Sea.
Opec's Secretary General said he was worried about the world economy, saying the rest of this year and first half of next year would be very difficult.
Khalid A. Al-Falih, president and chief executive officer of Saudi Aramco, delivered the keynote speech "Accessibility and Acceptability: Striking the Balance for an Optimal Energy Future" at the 21st World Energy Congress in Montreal, Canada.
Schlumberger has closed its merger with Smith International. As previously announced, each Smith stockholder will receive 0.6966 shares of Schlumberger common stock in exchange for each Smith share, with cash paid in lieu of any fractional shares of Schlumberger common stock.
RWE today announced that it has signed Cooperation Agreements with the Kurdistan Regional Government in Iraq with the aim of helping it to develop and design its domestic and export gas transportation infrastructure - creating a route to market for Kurdistan's major gas reserves.