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  • Oil holds below two-year highs

    Forties outage and global cuts support prices while climbing US output keeps lid on gains

    Online  upstreamonline.com 15 Dec 21:10 GMT Reuters

    US oil drillers cut rigs

    Fall in oil rigs occurs despite rising commodity prices and drillers boosting spending plans

    Online  upstreamonline.com 15 Dec 20:57 GMT Reuters

    Lebanon awards first offshore blocks

    Consortium of Total, Eni and Novatek handed pair of eastern Med tracts in delayed inaugural licensing round: report

    Online  upstreamonline.com 15 Dec 14:56 GMT Steve Marshall and News Reports

    DOF offloads PSV

    Skandi Marstein sold in fleet rationalisation move by Norwegian offshore vessel owner

    Online  upstreamonline.com 15 Dec 13:01 GMT Steve Marshall

    Forties outage keeps prices higher

    Repairs to UK pipe and Opec-led output cuts support markets despite rising US shale output

    Online  upstreamonline.com 15 Dec 10:32 GMT Reuters

    VIDEO: Aasta Hansteen platform standing tall

    World's largest spar facility for Statoil field assembled in floatover operation in Norwegian fjord

    Online  upstreamonline.com 15 Dec 09:55 GMT Steve Marshall

    BP blasts back into solar with $200m Lightsource stake

    Supermajor BP will return to the solar sector after six years by spending $200 million for a 43% stake in PV developer Lightsource. The UK-based developer – which will become BP Lightsource – will leverage BP’s global heft to “focus on grid-connected plants and corporate power purchase agreements (PPAs) signed with private companies”, said a statement. Lightsource has successfully developed 1.3G

    Online  upstreamonline.com 15 Dec 09:29 GMT Andrew Lee in London

    COP delays Nigeria work, lands Mozambique block

    Canadian player postpones drilling campaign on OPL 226, while planning work on the recently-awarded onshore Block PT5-B

    Online  upstreamonline.com 15 Dec 09:15 GMT Anamaria Deduleasa

    Subsea 7 bags deals on Aker BP fields

    Pair of EPCI awards handed to UK contractor on Valhall West Flank and Skogul projects off Norway

    Online  upstreamonline.com 15 Dec 09:04 GMT Steve Marshall

    Aker BP in field hat-trick off Norway

    Operator files development plans with authorities for three projects worth nearly $2bn

    Online  upstreamonline.com 15 Dec 08:26 GMT Steve Marshall