By Angelina Rascouet (Bloomberg) — BP Plc’s Clair offshore field near the U.K.’s Shetland Islands is still shut following an oil leak. BP, which operates the field, said it wants to be “completely certain” the technical issue that caused the leak on Oct. 2 has been resolved before restarting, so production will remain offline as […]
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RIO DE JANEIRO – Brazil’s state-led Petroleo Brasileiro SA was forced to shut down operations for nearly a day at its PPM-1 offshore oil platform in the Pampo Field after [...]
By Tom Finn DOHA, May 25 (Reuters) – Six international oil firms including BP and Royal Dutch Shell Plc have bid to operate Qatar’s largest offshore oil field, two people with knowledge of the matter told Reuters. The other bidders ...
Britain's aviation regulator on Tuesday launched a review into offshore helicopter operations in the North Sea, a month after four oil workers were killed when their helicopter crashed into the sea off Scotland's Shetland islands.
By Angelina Rascouet (Bloomberg) — The cost of dismantling oil production facilities in the U.K. North Sea over the next decade will be higher than previously forecast as more fields are scheduled to halt production, according to a ...