The European Union’s executive arm, the Commission, on Tuesday said it had raided the offices of a number of oil industry companies for possible price-fixing.  More »

As executive vice president of technology and drilling for Statoil, Margareth Ovrum manages a projects portfolio valued at $50 billion and says the Norwegian company is focusing on technological advances to drive its future.  More »

By enabling remote-controlled tie-in to a live gas pipeline without interrupting flow, Statoil’s Remotely Welded Retrofit Subsea Hot Tap Tee is as revolutionary as its name is cumbersome.  More »

The Offshore Technology Conference’s international character came into focus Tuesday as Petrobras predicted big growth from reservoirs in Brazil, China outlined its long-term plans for harnessing shale gas and France’s Total touted the success of a massive 49-well project off Angola.  More »

Norway’s striking royal couple, the Crown Prince Haakon and his wife, the Crown Princess Mette-Marit made their way on Monday morning through blowout preventers and subsea wells, as they toured the exhibit hall of the Offshore Technology Conference and the Norwegian Pavilion.  More »

Norway has one of the largest national delegations at this year’s Offshore Technology Conference, with more than 2,000 attendees. Ola Morten Moe, minister of petroleum and energy for Norway, sat down for interview with FuelFix at the Offshore Technology Conference on Monday.  More »

The move of offshore drilling into ever-deeper waters, and the accompanying technical challenges, have been a boon to Norwegian technology companies.  More »

ConocoPhillips on Wednesday said it would abandon its plans to begin drilling for oil in Arctic waters north of Alaska because of “uncertainties of evolving federal regulatory requirements” for oil exploration in the region. The move follows similar decisions by Statoil and Shell, which is pausing its own Arctic oil hunt after experiencing several high-profile mishaps last year.  More »

Facing mounting regulatory and operational costs, Statoil may abandon its oil leases in U.S. Arctic waters north of Alaska, five years after spending $23 million for the drilling rights.  More »

Algeria remains committed to mining its natural gas resources and won’t be deterred by the terrorist attack in January at a plant there, in which more than three-dozen people were killed, the country’s minister of energy and mines said Tuesday.  More »

The oil and gas industry is facing a talent gap just as a large number of older and more experienced employees is nearing retirement, a troubling trend that is especially acute in the United States and Canada, demographics experts said Tuesday.  More »

A gas installation in Algeria that was the site of a terrorist attack last month that left 37 hostages dead partially resumed production Sunday, as the head of the state-owned energy company said he would request armed personnel for energy plants to help prevent future assaults on sites that can be hundreds of miles from the nearest city.  More »