Wage row threatens to close Libyan gas pipe

Security guards in Libya are reportedly threatening to block a gas pipeline to the capital Tripoli (pictured) in a row over wages. It follows a spate of strikes at Libyan oil fields which have seen the nation’s oil production dwindle to 250,000 barrels of oil per day and oil exports are said to have been […]

Statoil signs £51m deal with Subsea 7

Statoil have signed a contract with seabed-to-surface engineering firm Subsea 7 worth £51 million for the transport and installation of a platform at the Svalin C Field, in the North Sea. The deal also includes the building of a 6km gas flowline. Operations are due to begin next year. Stuart Fitzgerald, Subsea 7’s Vice President […]