Norwegian driller might soon have only one rig in operation

Norwegian offshore drilling contractor Fred. Olsen Energy might soon have no rigs working on the Norwegian ...

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OPEC could extend or deepen supply cut if oil glut persists

By Rania El Gamal RIYADH (Reuters) – OPEC could extend its oil supply-reduction pact with non-members or even ...

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Marathon posts wider loss, plans to double spending

Marathon Oil on Wednesday posted a wider net loss for the fourth quarter 2016 due to a tax-related charge and said ...

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Wood Group scores service deal with BP

Oil and gas services company Wood Group has been awarded a global agreement with the UK oil major BP for the ...

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Parker Drilling sinks deeper into red

Parker Drilling, a Houston-based provider of offshore and onshore contract drilling services, sank deeper into red ...

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Petrobras sets new pre-salt records

Brazilian state-owned oil giant Petrobras has set two new records with oil production at the pre-salt layer.  The ...

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Rowan retires jack-up pair, lands extensions

Offshore drilling contractor Rowan Companies has cold stacked one rig, sold two, and received several extensions ...

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Safety agency inspects Stampede topsides

The U.S. Bureau of Safety and Environmental Enforcement (BSEE) has inspected platform topsides for the ...

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Oceaneering president to take over as CEO

The president of subsea services provider Oceaneering International has been named as the company’s next ...

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Sky-Futures' drones to inspect Eni's facilities

Sky-Futures, a provider of drone inspection services for the oil and gas industry, has been awarded a global ...

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Noble Energy narrows quarterly loss

Noble Energy narrowed its net loss and increased revenues during the fourth quarter of 2016. The company also said ...

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PHOTO: Anchor handling trio moving 'Henry Goodrich'

Danish offshore shipowner Maersk Supply Service (MSS) shared a picture through its social media channels on Monday ...

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Oil rises as OPEC-led output cuts trim oversupply

By Christopher Johnson LONDON (Reuters) – Oil strengthened slightly on Tuesday, supported by an OPEC-led ...

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AWT switches name to StormGeo

The shipping division of meteorological services provider StormGeo, Applied Weather Technology (AWT), has been ...

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DW: Troublesome outlook for heavy lift vessels

Heavy lift vessel (HLV) contractors have faced a challenging market in recent years as the low oil price ...

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Statoil hires Seadrill rig for work offshore Canada

Statoil hires Seadrill rig for work offshore Canada

Seadrill Partners has secured a contract for one of its offshore drilling rigs with Statoil. According to the ...

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U.S. authorities extend Jones Act comment period

The U.S. Customs and Border Protection has extended the comment period for its proposed modifications of the Jones ...

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G2 Energy moves forward with Newfoundland work

G2 Energy has started work on submitting a Significant Discovery License for the EL1070 license offshore ...

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Popular news, Feb 6 – 12, 2017

The most popular articles of the week.

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U.S. rig count goes down

The weekly U.S. offshore rig count dropped by one unit, according to rig count report by the oilfield services ...

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IEA: OPEC delivering on its promise to cut output

The estimated OPEC production in January was at 32.1 mb/d and the cuts achieved a record initial compliance rate of ...

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When is a FID not a FID?

Large upstream projects are more often delivered by a group of partners rather than a single 100% owner.

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Transocean scraps two, idles three rigs

Offshore drilling contractor Transocean has decided to scrap two semi-subs and idle two drillships and one ...

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Anadarko names new board member

The U.S. independent oil company Anadarko Petroleum has announced a new addition to its board of directors. The ...

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DOJ closes probe into Cobalt's Angolan ops

The U.S. Department of Justice has completed its corruption investigation of the Houston-based oil company Cobalt ...

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New subsea oilfield services player emerges

Oil company Global Energy has changed its name and completed the transactions to buy subsea service vessels as part ...

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Moelis wins advisory role for Saudi Aramco IPO

Boutique investment bank Moelis & Co has been chosen as an adviser by Saudi Aramco [IPO-ARMO.SE] on what is ...

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