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Aker BP ASA said Wednesday that its previously announced acquisition of Lundin Energy AB's oil-and-gas business is expected to be completed on June 30.

Petrofac Ltd. said Wednesday that it has been selected by Tullow Oil PLC to provide well decommissioning services in Mauritania in a contract with a potential total value of more than $60 million.

Subsea 7 S.A. today announced the award of a major1 contract by Petrobras for the development of the Búzios 8 field located approximately 180 kilometres off the coast of Rio de Janeiro at 2,000 metres water depth in the pre-salt Santos basin.

A report on the safety risk of working in confined spaces, developed by Professor Andrew Woods of the BP Institute at Cambridge University, indicates that many organisations in the oil & gas industries have been operating below the generally tolerable levels of safety risk.

UK Oil & Gas PLC said Friday that West Sussex County Council has approved a two-year planning permission extension to its Broadford Bridge-1z Kimmeridge oil discovery in the United Kingdom.