Bass Oil has entered into a conditional sale and purchase agreement with a subsidiary of Beach Energy to acquire a portfolio of Cooper Basin assets for a cash consideration of $650,000.  The assets

UK’s oil major BP has decided to exit its shareholding in Russia’s oil and gas giant Rosneft while Norway’s Equinor has moved to exit its joint ventures in Russia following

Oil and gas company Neptune Energy has awarded a series of contracts to support ongoing operations at its operated Cygnus Alpha and Bravo platforms in the UK Southern North Sea.

Profit at Beach Energy has jumped 66 per cent thanks to soaring oil and gas prices, despite the company’s half-year oil and gas production rates falling 15 per cent. In

U.S. offshore vessel operator Hornbeck Offshore has added three offshore supply vessels (OSVs) to its fleet following an auction carried out by the U.S. Department of Transportation’s Maritime Administration (MARAD). The vessels are

According to Vintage managing director Neil Gibbins, the company’s results from the December quarter put the “stepping stones” in place for Vintage to transition from an exploration company to an

The latest analysis from the specialist energy market research and consultancy specialist, Westwood Global Energy Group, has revealed a year-on-year growth for the global offshore rig market at the close

Senex has seen continued strong operation performance, delivering its 20th consecutive quarter of record Surat Basin production, up 5 per cent from last quarter.  Total sales volumes were 3 per

Woodside reveals its highlights for the last quarter include increased sales revenue, alongside the execution of the merger with BHP and approved final investment decisions (FID) for the Scarborough and Pluto Train