Prosafe to sell 'Safe Lancia' for scrap

Prosafe, an owner and operator of semi-sub accommodation rigs, has decided to sell one of its units for scrap after ...

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Guyana gov't to form petroleum directorate

After oil discoveries offshore Guyana came into the spotlight in recent months, the Ministry of Natural Resources ...

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EnerMech expands to electrical & instrumentation sector

Engineering services specialist EnerMech has entered the electrical and instrumentation (E&I) sector with the ...

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TechnipFMC merger complete

TechnipFMC has started operating as a unified, combined company following completion of the merger of FMC ...

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PHOTO: FMC Technologies delivers its 'last' subsea tree

FMC Technologies, a US-based provider of subsea systems for offshore oil and gas industry has delivered its last ...

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LLOG takes over Buckskin from Repsol

U.S.-based oil company LLOG Exploration has taken over operatorship of the Buckskin project in the Gulf of Mexico ...

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Subsea 7's pipe-lay vessel gets early termination

Subsea engineering, construction and services company Subsea 7 on Monday announced the early termination of the ...

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DW: Energy industry left with legacy of mixed fortunes

As President Obama leaves the Oval Office on Friday, he leaves a legacy of mixed fortunes for the energy industry, ...

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TechnipFMC starts trading on Tuesday

Technip and FMC Technologies are set to finalize the merger on Monday, January 16, 2017, after close of business. ...

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Shell ditches Nova Scotia wildcat

Oil major Royal Dutch Shell has completed drilling operations at the Monterey Jack well, offshore Nova Scotia.  The ...

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Oil firm turns to subsea vessel market

Oil company Global Energy is changing course and is set to become a provider of offshore subsea services vessels in ...

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'Skandi Vitoria' lands Petrobras gig

Brazilian oil company Petrobras has awarded the Brazilian-built pipe-lay support vessel (PLSV), Skandi Vitória, a ...

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Ampelmann to provide gangways off Brazil

Dutch offshore access solutions provider Ampelmann has been awarded a contract by SBM Offshore in support of an ...

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Popular news, January 9 - 15, 2017

Read the most popular news from last week.

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U.S. offshore rigs go up a notch

The U.S. weekly offshore rig count went up by one unit last week, which is the second time in a row, according to a ...

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Woodmac: Deepwater will spring back to life in 2017

Energy intelligence group Wood Mackenzie sees the deepwater upstream oil and gas sector springing back to life in ...

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Oil prices dip on doubts over planned crude output cuts

By Henning Gloystein SINGAPORE (Reuters) – Oil dipped on lingering doubts that crude production cuts would go ...

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Hess shelves Equus development

Energy company Hess Corporation has increased its annual budget after two consecutive years of reducing it. The ...

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ExxonMobil in second oil discovery off Guyana

ExxonMobil on Thursday reported positive results from its Payara-1 well offshore Guyana. Payara is ExxonMobil’s ...

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Halliburton pens technology deal with Petrobras

Oilfield service provider Halliburton has signed a technology cooperation agreement with Brazilian oil company ...

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GE in $180M deal with Transocean

GE Oil & Gas has signed a new contractual service agreement, worth around $180 million, with the offshore ...

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Live: Former Exxon CEO at Senate's confirmation hearing

The U.S. President-elect Donald Trump in December 2016 elected ExxonMobil CEO Tillerson as his choice for secretary ...

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New 'historical' production record for Petrobras

Brazilian oil giant Petrobras has reported that its average oil production in Brazil reached an annual historical ...

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Chevron hires two anchor handlers in Brazil

Oil company Chevron has hired two offshore support vessels from Brazil’s Bram Offshore. The two vessels, the ...

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Trinity completes restructuring

Trinity Exploration & Production has completed the restructuring of the company. The oil company with assets ...

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Oil prices rise as details of Saudi supply cuts emerge

By Henning Gloystein SINGAPORE (Reuters) – Oil rose on Wednesday, lifted by reports of Saudi supply cuts to ...

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Cuba, U.S. sign offshore oil spill prevention deal

The United States and Cuba have signed a bilateral agreement to prepare for and respond to oil spills and hazardous ...

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