Popular news, March 13 – 19, 2017

The most popular articles of the week

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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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Magseis gains extension for Red Sea survey

Geophysical company Magseis has, together with its partner BGP, been awarded an extension to the ongoing contract ...

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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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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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Noble to drill another development well on Leviathan

The operator of the giant Leviathan gas field offshore Israel, Noble Energy, will drill another development and ...

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Atlantic Navigation lands liftboat charter in Middle East

Atlantic Navigation, a provider of marine logistics services, has, through its country representative in the Middle ...

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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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Popular news, March 6 – 12, 2017

The most popular articles of the week.

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Oil edges off three-month low, but glut worries fester

By Aaron Sheldrick TOKYO (Reuters) – Crude prices inched up on Friday after dropping to their lowest in more ...

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Bassoe: Newbuild jack-up delivery outlook not improving

While delivery dates for the 107 jackups under construction get pushed back toward 2020, the path to achieving ...

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OPEC's Barkindo: Russia doing a good job on production cuts

OPEC Secretary General Mohammad Barkindo has praised Russia’s commitment to the oil production cuts Opec and ...

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Oil prices rise on output cuts

By Jane Chung SEOUL (Reuters) – Oil prices climbed on Thursday after sharp losses the session before, buoyed ...

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Neptune names Middle East regional head

Australian subsea services provider Neptune has appointed a new Regional Manager for the Middle East. Neptune said ...

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Exploration is not dead, quite the opposite, E&P players say

Despite what you may have heard, conventional oil and gas exploration is not dead, and on the contrary, this might ...

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PHOTO: Noble cuts first steel for Leviathan project

U.S. energy major Noble Energy has shared an image on social media channels on Tuesday of the first steel cutting ...

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McDermott to build new marine complex in Saudi Arabia

McDermott revealed on Wednesday it plans to construct offshore production solutions in Saudi Arabia. McDermott ...

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Saudi oil minster: No more ‘free rides’

Saudi Arabia’s oil minister Khalid Al-Falih has made it clear that the times of OPEC cutting production to ...

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International offshore rig count goes further down

The international offshore rig count for February 2017 was down both sequentially and year over year, which is the ...

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Russia’s hydrocarbons industry competitive despite sanctions

Despite difficulties posed by international sanctions and the downturn in the past two to three years, the Russian ...

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DW: Vessel contractors positioning for rebound

The announcement on the 28th February of Emas Chiyoda’s bankruptcy is the latest in a long line of vessel ...

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Polarcus adds ex-Ophir chairman to its board

Marine seismic acquisition company Polarcus has elected ex-Ophir chairman Nicholas Smith as its new board member. ...

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Popular news, Feb 27 – Mar 5, 2017

The most popular articles of the week.

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Petrobel extends Saipem's jack-up hire

Egyptian company Petrobel has extended a contract for Saipem’s jack-up rig for work offshore Egypt. According to ...

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IHS Markit: Middle East OSV market shows 'modest growth'

The Middle East is the only region to buck the downward trend in offshore supply vessels (OSVs) over the last two ...

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Wood Group starts Leviathan engineering work

Wood Group has recently completed the seven-month front-end engineering design (FEED) for Noble Energy’s Leviathan ...

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Dubai firm buys WorleyParsons stake

Dubai-based Dar Group has bought a 13.35 percent stake in the oilfield services provider WorleyParsons, after its ...

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