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The largest lease sale in the history of the area attracts $139 million in total bids, a $2 million increase over the previous lease sale held last August.

A new report from Oil & Gas UK explains how the UK North Sea is showing signs of life, but warns that new exploration investment will be necessary to avoid another production downturn.

The chief upstream strategist of IHS Markit said in a recent presentation that oil exploration must improve its ability to deliver value and better communicate that value to the financial community. New ways of thinking about exploration opportunities are needed.

C&J Energy Services announced the resignation of CFO Mark Cashiola. Cashiola had served in the role since 15 June 2016 and was the company’s chief accounting officer from 5 November 2016 to 5 May 2017. He joined C&J in January 2011. Prior to that, he was senior controller for Precision Drilling Oilfield Services for two years and, before its acquisition by Precision, …

The Powerbuoy from Ocean Power Technologies (OPT) has a scalable onboard battery system that can act as an offshore uninterruptible power supply (UPS) providing continuous power output. It can be used as a stand-alone charging station and communications platform that can enable the long-term remote operation of autonomous underwater vehicles (AUVs) used in marine envi…

If safety excellence isn't clearly defined and aligned throughout an organization, it won't be achieved.

The Offshore Technology Conference has announced the winners of the 2018 Spotlight on New Technology Award, recognizing excellence in offshore E&P.

As producers and third-party vendors navigate the logistical challenges of water management, the push toward greater reuse of produced water has gained steam. How close is the industry to 100% reuse?

On 15 March, the Department of Homeland Security and the Federal Bureau of Investigation released a joint Technical Alert on Russian government cyberactivity targeting organizations in the energy, marine, aviation, and other manufacturing sectors.

Karl-Petter Løken has been named president and CEO of Kvaerner, the Norwegian oilfield engineering and construction firm. Løken has held several key positions for companies like Statoil, Aker Solutions, and Lundin Norway. He currently serves as head of project development for Lundin; from 2011 to 2015, he was engineering manager for Lundin’s Edvard Grieg field develop…