Iran wants euro payment for new and outstanding oil sales

Iran wants euro payment for new and outstanding oil sales - sources

Iran wants to recover tens of billions of dollars it is owed by India and other buyers of its oil in euros

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Maersk Drilling waves 80 workers off as it stacks semi-sub

Image: Maersk Drilling

Maersk Drilling has failed to find a new contract for the semi-submersible Maersk Developer and will now have to ...

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Obama proposes new oil tax to fund clean transport project

President Barack Obama (Source: The White House)

U.S. President Barack Obama has revealed what the White House calls a ‘bold plan’ to rejuvenate the ...

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EU approves Schlumberger’s acquisition of Cameron

Schlumberger Cameron

The European Commission has approved under the EU Merger Regulation the acquisition of Cameron by Schlumberger. ...

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International offshore rig count down by 72 units

Image for illustration only

The international offshore rig count for January 2016 was down both sequentially and year over year, according to a ...

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Fitch sees dayrates go further down for offshore drillers

Fitch sees dayrates go down for offshore drillers. Pushes recovery forecast further

Offshore drillers, companies providing drilling rigs for the oil and gas industry’s marine exploration efforts, ...

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Wood Mac: Why aren't oil producers turning off the taps?

Shell's North Sea platforms. Image: Shell

Around 3.4 million barrels per day (b/d) of oil production is cash negative at a Brent oil price of $35, Wood ...

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Offshore Energy>

Prosafe expands flotel fleet

Prosafe expands flotel fleet

Prosafe, the world’s largest provider of offshore accommodation rigs, has taken delivery of the new flotel. ...

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Statoil to halt Njord and Hyme in May

Njord A

The Norwegian oil major Statoil will halt production from Njord and Hyme fields, offshore Norway, for three years ...

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IOG comes by more funds. Stalls Transocean rig deal

Transocean's John Shaw; Image: Semco Maritime

Independent Oil and Gas plc (IOG), the North Sea focused oil and gas company, has today entered into a conditional ...

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Events>

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Floating LNG

The conference will provide a unique opportunity and a platform for participants to optimise activities and ensure project sustainability…

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International Petroleum Week 2016

International Petroleum (IP) Week, hosted by the Energy Institute EI) is widely recognized as one of the major annual international oil and gas events, where decision makers gather to debate, learn and help shape the future direction of the industry. IP Week attracts delegates from over 50 countries every year.

More Info

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Topsides, Platforms & Hulls

Topsides, Platforms & Hulls Conference & Exhibition is the offshore industry’s only event dedicated to the topsides, platforms and hulls…

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East Africa Oil & Gas Summit & Exhibition (EAOGS)

Now in its 4th year EAOGS once again has the official endorsement of the Ministry of Energy & Petroleum Kenya and this year EAOGS will build…

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BG Group releases final results ahead of Shell merger

BG Group CEO Helge Lund

BG Group, a UK-based oil and gas giant – soon to be acquired by its larger peer Shell – posted a 54 percent drop in ...

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Union urges UK government to save oil & gas jobs

Illustration: Brent platforms in the North Sea (Image source: Shell)

Unite, Britain’s biggest offshore oil trade union, has warned the UK government that billion-pound losses announced ...

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ConocoPhillips: Green light to use 'Rowan Norway' at Ekofisk

rowan norway

The Petroleum Safety Authority (PSA) has granted ConocoPhillips consent to use the Rowan Norway drilling rig for ...

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Australia: Reduced paycheck for MEO's senior staff

MEO

Australian oil and gas company MEO Australia has said its senior staff members have voluntarily agreed to a 20% ...

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ConocoPhillips to slash capex, dividend

ConocoPhillips to slash capex, dividend. Posts quarterly loss of $3.5B

ConocoPhillips, a U.S. oil and gas company, on Thursday posted losses both for the fourth quarter and full year, ...

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Nigeria: Bristow ordered to keep helis grounded

Illustration (Image source: Sikorsky)

Bristow Group has been ordered to keep all of its Sikorsky S-76C helicopters on the ground in Nigeria, following ...

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Jobs>

Assistant Driller

Maersk Drilling Norge AS was established in 1990 and employs a staff of approximately 1000 people.

apply

QC Coordinator Offshore

Do you attach great importance to quality and do you have an affinity with offshore projects? Then read about what Van Oord can offer you.

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Electrician

For one of our clients we are looking for a Ships Electrician. Our client is a company with worldwide activities. You will work in a rotation of 4 till 6 weeks on and off.

apply

BP extends SKD Jaya rig deal in Trinidad

BP extends SKD Jaya rig deal in Trinidad

British oil company BP has extended a contract for the semi-submersible tender assist drilling rig SKD Jaya. The ...

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SapuraKencana, GE get Petronas FLNG deal

SapuraKencana, GE get Petronas FLNG deal

Malaysian oilfield services provider SapuraKencana has through its joint venture with GE Oil and Gas won a contract ...

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Weatherford to axe 6,000 jobs

Image: Weatherford (For illustration purposes)

Weatherford International, an oil and gas services company, is planning to reduce its headcount by another 6,000 ...

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Maersk Oil: Production resumes from Tyra platforms

Maersk Oil Production resumes from Tyra platforms

Danish oil firm Maersk Oil has resumed production from its Tyra field offshore platforms. To remind, production ...

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Flotel giant Prosafe posts loss for the fourth quarter 2015

Flotel giant Prosafe posts loss for the fourth quarter 2015

Prosafe, the world’s largest provider of offshore accommodation units for the oil and gas industry, has ...

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Noble fleet down to 30 rigs after two scrapped

Noble Tom Prosser; Image: Noble

Noble Corporation, an offshore drilling contractor, has reduced its fleet to thirty units after retiring two ...

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PHOTO: 'Lewek Constellation' to work on Julimar

lewek EMAS

Having spent 2015 with Noble Energy in the Gulf of Mexico, the EMAS-owned subsea construction vessel Lewek ...

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Fugro in Pyrenees project award

Southern Ocean

Fugro has been awarded a contract by BHP Billiton Petroleum for the Pyrenees Phase 3 Installation Project, offshore ...

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Aje FPSO en route to Nigeria

Front Puffin FPSO

Panoro Energy, an independent exploration and production company, has informed that the floating production, ...

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