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GlobalData forecasts production closer to 5 million bpd by 2020.
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GlobalData forecasts production closer to 5 million bpd by 2020.

Company activity in Venezuela is to be reduced to align operations with cash collections.

The Huldra field is a gas and condensate field on the Norwegian Continental Shelf, North East of Bergen.

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for wells 30/11-12 S and 30/11-12 A in production licence 035.

Natural gas is eating in to crude's key advantages, which will have significant implications for both the petroleum and the natural gas market.

FieldPulse software is designed to proactively optimise production across entire fields.

Premier has announced that first oil from the Solan field was safely achieved on 12 April 2016.

Statoil Petroleum AS, operator of production licence 035/272, is in the process of completing the drilling of wildcat wells 30/11-11 S and 30/11-11 A.

The multi-million pound contract will cover the provision of production control equipment.

Coldshield is a composite structural reinforcement specifically developed for the harsh environments of offshore units.

Based in Houston, Algeroy will be responsible for all marketing, sales and operations for clients throughout the region.

DNO ASA has reported receipt of US$20.11 million from the Kurdistan Regional Government for March crude oil deliveries to the export and local markets from the Tawke field.