Roberto Abraham Scaruffi

Lundin Petroleum achieves first oil from Boyla field Lundin Petroleum said first oil from the Boyla field has been achieved. The company commenced production, which is located on PL340 in the Norwegian sector of the North Sea, this month

	Oilex receives endorsement for sale of gas from Cambay-77H well Oilex said it has received endorsement from the relevant authorities of the Government of India for the sale of gas from the Cambay-77H well. It follows the approval last year to sell gas from Cambay-73 and Bhandut-3

	Victoria Oil and Gas complete Cameroon pipelines Victoria Oil and Gas said Gaz Du Cameroun (GDC) has completed laying pipeline to the boundaries of the ENEO Power Station at Bassa and Logbaba. The 20 MW Bassa Power Station is located a short distance from the company’s operating northern pipeline

	Opinion: The North Sea has endured oil price downturns - will this time by different? The North Sea survived the oil price crash of the mid 1980s, which saw Brent sit at around half of its pre-86 level for over a decade. The oil industry is, by its very nature, cyclical

	Saudis kept oil exports at seven-month high as OPEC met Saudi Arabia’s oil exports rose to a seven-month high in November when it led OPEC to keep production unchanged as the largest crude shipper fought to keep market share with output rising from the US to Russia

	Oil trades near $50 after first weekly gain in 2 months Oil traded near $50 after capping its first weekly gain in two months as investors weigh rising OPEC output against speculation supply from outside the group will slow

	New CFO for OEG Offshore OEG Offshore said yesterday it had recruited chartered accountant Adrian Bannister from fellow Aberdeen firm Viking Seatech to become its new chief financial officer (CFO)

	ITC Hydraulics takes rentals in-house ITC Hydraulics has launched a new rental division, investing more than £200,000 to get it up and running. The firm, which deigns, manufactures, services and refurbishes a range of specialist equipment for clients including Subsea 7, Aker Solutions and Oceaneering, said it was seeing increased demand for rentals

	Full speed ahead for EnQuest Work on EnQuest’s new North Sea headquarters in Aberdeen is proceeding as planned despite the firm’s plunging share price and oil and gas industry woes