
BP and Rosneft announce strategic global alliance
Rosneft and BP have agreed to explore and develop three licence blocks on the Russian Arctic continental shelf.
Browse the latest exploration news and articles.

Rosneft and BP have agreed to explore and develop three licence blocks on the Russian Arctic continental shelf.

As Europe grows increasingly weary of the Russian energy dominance that its member states regularly complain about, this issue has yet to be addressed, as bilateral negotiations with Moscow are ongoing.

Northern Petroleum Plc, has announced that the entire Great Oolite drilled reservoir sequence in Markwells Wood-I is oil bearing above the Horndean field oil water contact of 4446 ft sub-sea level.

Original US stalwart of carbon offsets joins global exchange.

Fridtjof Schucht and Stephen Harrison, Linde Gases, Germany, discuss the harmonised system of classification and labelling of chemicals.

Murphy Oil Corporation has announced that it has not found commercial quantities of oil in its recent drilling operations in Congo.

Total has announced that its affiliate Total E&P UK has made a new gas and condensate discovery in the West of Shetland on the United Kingdom Continental Shelf

Wood Mackenzie study shows path to job growth and more government revenue is through increased access to oil and gas reserves.

Aker Solutions has entered into a share purchase agreement (SPA) whereby it has agreed to transfer operations within its Process and Construction business area to Jacobs Engineering Group Inc. (Jacobs).

A special IHS Herold Review on the oilfield services sector issued this month indicates a healthier growth outlook for the industry in 2011, despite being hard hit by the Gulf of Mexico (Gulf) drilling moratorium in 2010.

Oil accidents have prompted Danish industries and research to cooperate on new groundbreaking sonar technology. For the first time ever it will be possible to get a detailed picture of oil in the water column and on the seafloor.

Tullow Oil and its Jubilee partners are celebrating First Oil from the Jubilee field today. The first shipment is expected to be exported in January 2011.