Efforts to develop an area-wide power-from-shore solution for the Johan Sverdrup development and all nearby fields in the Utsira High area off Norway are making slow progress, writes Ole Ketil Helgesen.
Portugal’s state prosecutor has charged Angola’s Vice President Manuel Vicente with corruption over bribery allegations dating back to his time as head of the African state oil giant Sonangol, writes Eoin O’Cinniede.
China's Beijing Gas Group has moved a step closer to completing a November agreement with Russia’s state-controlled Rosneft to buy a minority stake in an oil producing unit in East Siberia, writes Vladimir Afanasiev.
A reduction in brownfield modification work in the North Sea as operators reined in spending contributed to a near-16% drop annual in revenues at Aberdeen-based services giant Wood Group, writes Rob Watts.
Dutch marine transport player Royal Boskalis Westminster is to take an €840 million ($891.9 million) non-cash impairment charge in its 2016 annual results due to “strongly deteriorated” current and future market conditions in the offshore oil and gas sector.