Roberto Abraham Scaruffi

15 December 2014

	Oil stocks lead FTSE 100 recovery A better session for energy stocks today helped the FTSE 100 Index steady after its worst week of trading since August 2011. Investors found some value in a number of heavyweight oil companies as the price of Brent crude stabilised at around $63 a barrel

	Huntington field production delayed further Norwegian Energy Company ASA (Noreco) said production at the Huntington field has been further delayed. Work had been due to resume this month but the company said there had been an incident during restart of the CATS riser platform

	Amec Foster Wheeler scoops North Sea contract Amec Foster Wheeler has been awarded a FEED (Front End Engineering Design) contract by Chevron to work on its Captain EOR (Enhanced Oil Recovery) development in the North Sea

	LGO hits promising production rate at Goudron field LGO Energy said its most recently completed well is producing at a rate of more than 1,000 bopd. The GY-670 well, at its Goudron field in Trinidad, was perforated earlier this month over a 177-foot interval of oil pay in the c-sands

	IGas sees signs of shale gas at UK site The onshore hydrocarbon producer, IGas, has encountered signs of shale gas at its Ellesmere Port exploration well in the North West of England.

	Aker Solutions wins hook-up contract for Mariner development Aker Solutions has secured a £120million contract for work on the Mariner oilfield development in the UK North Sea

	Mergers as firm grows into Middle East and Asia Pacific Glacier Energy Services has merged its pipeline machining and onsite service businesses into a new division as it expands across the Middle East and Asia Pacific

	Oil bust veterans brace while shale-boom newbies swagger Autry Stephens knows the look and feel of an oil boom going bust, and he’s starting to get ready. The West Texas wildcatter, 76, has weathered four such cycles in his 52 years draining crude from the Permian basin, still the most prolific US oilfield

	Loren Steffy: One more reason to worry about falling oil prices With oil prices falling worldwide, a lot of attention has been focused on what the decline means for drilling programs and energy industry employment. As a wave of austerity washes over the industry, companies should remember that cuts made in response to a dip in oil prices now can have devastating repercussions for years to come – especially when it comes to programs such as safety that aren't seen as contributing directly to the bottom line

	Fall in oil prices sees firms fold The number of insolvencies of UK oil and gas services companies has trebled in the last year amid the huge fall in oil prices, according to a new report