Oil prices to revolve around $60–70 in next three years

McKinsey Energy Insights (MEI), a specialist energy data and analytics unit within McKinsey consulting firm, has ...

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ZZT to provide subsea cables for three Saudi Aramco projects

ZTT Group, Chinese manufacturer of cable systems, has received a contract from Emas Chiyoda and Italian company ...

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Iran launches new phases of South Pars

Iran has launched new phases of the giant South Pars offshore gas field, which the country shares with Qatar, ...

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Oil falls after failed North Korean missile test

By Aaron Sheldrick TOKYO (Reuters) – Crude oil fell on Monday in quiet trading after the three-day Easter ...

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GWL in 2D seismic survey in Iranian sector of Caspian Sea

Geology Without Limits (GWL) will acquire 2D seismic data in the Iranian sector of the Caspian Sea.  GWL announced ...

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Popular news, April 10 – 16, 2017

Popular news, April 10 - 16, 2017

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Lebanon stalls pre-qualification round announcement

Lebanese government has extended a deadline to announce the results of the country’s second pre-qualification ...

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OPEC over-delivers on oil cuts

By Alex Lawler LONDON (Reuters) – OPEC cut oil output in March by more than pledged under a supply reduction ...

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Topaz in senior management changes

Offshore support vessel provider Topaz Energy and Marine has made several new appointments to its senior management ...

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Sweden’s Sandvik sole supplier of Leviathan ...

Sweden’s Sandvik Materials Technology will be supplying umbilical pipes for one of the largest offshore gas ...

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GMS starts new contract in Middle East

Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels (SESVs) serving the ...

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Exova scoops testing services deal with McDermott

Global testing company Exova has been awarded a contract with McDermott to deliver a range of testing services for ...

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Popular news, April 3 – 9, 2017

The most popular articles of the week.

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International offshore rig count on downward spiral

The international offshore rig count for March 2017 was once again down both sequentially and year over year, Baker ...

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BP awards global engineering contract to Amec Foster Wheeler

Amec Foster Wheeler has been awarded a global framework contract by BP to provide engineering, procurement support ...

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Out of layup & back to work

The worst is over, the layup list is decreasing. But after the most brutal downturn in memory, what are we left ...

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Oilfield services jobs picking up after massive cuts

Oilfield services industry has laid off some 300.000 people since the collapse of oil prices in 2014, however the ...

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Lamprell delivers second Shelf Drilling rig

UAE-based offshore rig builder Lamprell has completed and delivered a new jack-up rig to Shelf Drilling, a jack-up ...

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Talks underway to ship Israel's gas to EU via pipe

European Commissioner for Climate Action and Energy Miguel Arias Cañete has said that the gas found in the ...

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Qatar developing new gas project in giant offshore field

Qatar Petroleum has decided to press ahead with development of a new offshore gas project. The company said Monday ...

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Popular news, Mar 27 – Apr 2, 2017

The most popular articles of the week

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Oil retreats, set to become worst-performing asset in Q1

By Karolin Schaps LONDON (Reuters) – Oil prices fell on Friday after a three-day rally ran out of steam due ...

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Bassoe: The emergence of low-cost drilling contractors

Ocean Rig filed for Chapter 15 bankruptcy protection this week. Another lower-cost offshore rig owner is now ...

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Woodmac sees signs of improvement in deepwater sector

Deepwater oil and gas industry, generally considered an expensive investment, has managed to cut its costs to a ...

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Tax cuts lift Saudi Aramco valuation to $1.3 trillion

Saudi Aramco, the world’s most valuable oil company, could become one trillion dollars “bigger,” following the ...

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Oil jumps on Libyan disruption, OPEC deal extension hopes

By Henning Gloystein SINGAPORE (Reuters) – Oil prices on Wednesday extended gains from the previous session, ...

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Popular news, March 20 – 26, 2017

The most popular articles of the week.

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