EnQuest, an independent UK-based oil and gas company, has informed that first oil from its Alma/Galia development, located in the UK North Sea, is anticipated within a few weeks. EnQuest sanctioned the project development in November 2011. The Alma and…

Global oil and gas services firm, AMEC Foster Wheeler, has announced the extension on a contract for the Abu Dhabi Upper Zakum field. The contract extends AMEC’s remit to supply all project management and consultancy (PMC) on the project that…

Brazil’s state-run oil company Petrobras reported its average oil and natural gas production rose 1.8% in July compared to the previous month and reached 2.796 million barrels of oil equivalent per day (boed). The Company produced 2.746 million boed in…

Douglas-Westwood, an energy intelligence group, has said in its DW Monday report that today’s oil and gas environment has been impacted by a myriad of issues including restrained capital spending, curtailed investment and employment cuts for struggling companies across the…

Senegal’s government has approved UK explorer Cairn Energy’s latest plans to carry out a 3D seismic survey and a multi-well exploration program off its shores, starting this year. The minimum three-well campaign is targeting more than 1 billion barrels gross…

BP and Emerson have signed a global agreement for Emerson Process Management, a global business of Emerson, to provide automation technologies and aftercare services for BP’s upstream oil and gas operations. According to Emerson’s press release, the new 10-year agreement…

Schlumberger, the world’s largest oilfield services provider, is selling its management and consulting unit Schlumberger Business Consulting. The buyer, Accenture. Accenture has said that the acquisition will expand the capabilities of Accenture Strategy in helping the world’s major exploration and…

The Cabinet of Israel has approved the outline to increase the quantity of natural gas produced at the Tamar natural gas field and to “rapidly develop” the Leviathan, Karish and Tanin natural gas fields. According to reports, the arrangement stipulates…

Prosafe, an owner and operator of semi-submersible accommodation vessels, has signed a contract with an undisclosed client for the provision of an accommodation vessel in the UK sector of the North Sea. Prosafe said that the contract firm period commitment…

The Obama administration will allow limited sales of U.S. crude to Mexico for the first time, a senior administration official told Reuters, marking another milestone in loosening a contentious ban on exporting domestic oil. The Commerce Department is "acting favorably…