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BP starts oil production from redeveloped UK North Sea field BP and its partners have commenced oil production from the redeveloped Schiehallion Area, after completing the Quad 204 project in the west of Shetland region, offshore UK. Oil & Gas > Drilling & Production > News

Latest Oil & Gas News by Sector

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Drilling and Production

Trump cuts offshore spending for DOI
By EBR Staff Writer
US President Donald Trump has cut funding for offshore renewable energy activities in the proposed $11.7bn 2018 budget for the Department of the Interior (DOI).
Oil & Gas > Drilling & Production > News
BP starts oil production from redeveloped UK North Sea field
By EBR Staff Writer
BP and its partners have commenced oil production from the redeveloped Schiehallion Area, after completing the Quad 204 project in the west of Shetland region, offshore UK.
Oil & Gas > Drilling & Production > News

Exploration & Development

Statoil to invest nearly $240m in digitalization
Statoil is setting up a digital centre of excellence and launching a roadmap with seven specific programs for digitalization.
Oil & Gas > Exploration & Development > News
Wood Group offers to divest most of Amec’s UK North Sea assets
By EBR Staff Writer
Wood Group has offered to divest most of Amec Foster Wheeler's oil and gas business in the UK North Sea to address competition concerns over its merger with the latter.
Oil & Gas > Exploration & Development > News

Refining & Petrochemicals

ExxonMobil, SABIC to conduct study on Texas petrochemical project
By EBR Staff Writer
ExxonMobil and Saudi Basic Industries Corporation (SABIC) have signed an agreement to carry out a detailed study of the proposed jointly-owned petrochemical complex in Texas, US.
Oil & Gas > Refining & Petrochemicals > News
Rosneft and Eni to expand cooperation in Russia and abroad
Rosneft and Eni have signed a cooperation extension agreement in the areas of upstream, refining, marketing and trading during the visit of an Italian delegation to Russia.
Oil & Gas > Refining & Petrochemicals > News

Transportation & Storage

Uganda, Tanzania sign 1,400km oil pipeline deal
Uganda and Tanzania have approved an agreement to start building crude oil pipeline from Hoima to Tanga Port.
Oil & Gas > Transportation & Storage > News
Noble Energy to divest 50% stake in Cone Gathering for $765m
By EBR Staff Writer
Oil and natural gas exploration and production firm Noble Energy has agreed to divest its 50% stake in a company that operates pipelines in the Marcellus Shale to Quantum Energy Partners for $765m.
Oil & Gas > Transportation & Storage > News