Zinke: Strong GoM lease sale reflects industry optimism

A total of 28 offshore oil and gas companies took part in the latest offshore lease sale offering acreage in the ...

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Petrobras CEO: Good 4Q, but debt still too high

By Guillermo Parra-Bernal and Marta Nogueira SAO PAULO/RIO DE JANEIRO (Reuters) – Petróleo Brasileiro SA cut ...

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Watch live: Central Gulf of Mexico lease sale

The U.S. Department of Interior and the Bureau of Ocean Energy Management (BOEM) will on Wednesday hold a lease ...

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Bristow takes on SAR work for Shell

Bristow Group has been awarded a contract with Shell for medevac and search and rescue (SAR) services in the Gulf ...

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Geokinetics in seismic survey off Brunei for Shell

Geokinetics, a provider of integrated seismic data acquisition, processing and reservoir analysis solutions, has ...

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Subsea Integration Alliance scoops Mad Dog 2 work

Oil giant BP has awarded contracts related to its Mad Dog 2 development in the Gulf of Mexico, approximately 190 ...

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Bahamas Petroleum defers work program

Bahamas Petroleum Company (BPC), an oil and gas exploration company with licenses in the Bahamas, has been given ...

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Popular news, March 13 – 19, 2017

The most popular articles of the week

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USA: Overall rig count up, offshore rigs down

The U.S. weekly rig count rose by as much as 21 rigs compared to last week. Offshore rig count is down by 1, Baker ...

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Rig delivery deferral may not always be the best option

Packed full of jackup rigs which owners don’t want to take delivery of, shipyards are doing little to help their ...

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Sevan Marine to pay fine for Piranema Spirit FPSO

Sevan Marine, a designer of a cylindrically shaped floating platforms, has agreed on a settlement with Piranema LLC ...

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Petrobras' asset sale to Karoon still suspended

Oil and gas company Karoon Gas Australia has informed that a suspension of Petrobras’ process to sell two of ...

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Diamond Offshore wins court case against Petrobras

Offshore driller Diamond Offshore has made a step forward in a court case against Petrobras, stemming from an early ...

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Fugro continues seep-hunting campaign in GoM

In collaboration with multi-client geoscience data company, TGS, Fugro has continued its hydrocarbon seep mapping ...

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UOGG misses payment deadline for Peru farm-in

Baron Oil’s Peruvian subsidiary, Gold Oil Peru, has not received the cash amount due by its Latin American partner ...

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GulfMark fails to make debt payment

U.S.-based offshore support vessel owner GulfMark Offshore is facing a default on its $13.7 million interest ...

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BP selects Peterson for Trinidad and Tobago support

Energy logistics provider Peterson has been awarded a five-year contract, with options for further extension, with ...

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Petrobras’ domestic output down on FPSO stoppage

Petrobras' domestic output down of FPSO stoppage

Brazil’s Petrobras saw its oil and natural gas production in February totaling 2.82 million barrels of oil ...

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Shell hands out global engineering services deal to CH2M

Engineering company CH2M has signed a framework agreement with Shell to provide engineering, procurement, ...

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Petrobras ordered to restart asset sales

Brazilian court has ordered the state-owned oil company Petrobras to restart its assets sale program, meant to help ...

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EMGS in $2M seismic data deal

Electromagnetic Geoservices ASA has entered into agreements involving data licensing as well as processing and ...

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Schlumberger to take EVTN's separator patents

Enviro Voraxial Technology (EVTN) has agreed to enter into an agreement with oilfield services provider ...

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Oil jumps off lows, IEA sees H1 deficit after OPEC cuts

By Edmund Blair LONDON (Reuters) – Oil prices climbed more than $1 on Wednesday, lifted by a surprise ...

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Cobalt in dispute with Sonangol over Angolan assets

Oil exploration company Cobalt International Energy is in dispute with the Angolan state-owned oil company Sonangol ...

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Oil hovers near three-month lows

By Aaron Sheldrick TOKYO (Reuters) – Crude oil prices hovered near three-month lows on Tuesday, with ...

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Wood Group in double Mad Dog 2 award

Wood Group has won two separate contracts related to BP’s Mad Dog 2 project in the U. S. Gulf of Mexico providing ...

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Chevron awards multi-regional deal to WorleyParsons

Australian engineering, procurement and construction services provider WorleyParsons has signed a long-term ...

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