KCA Deutag subsidiary pairs with India's Kavin Engineering

RDS and Kavin Engineering and Services have entered into a strategic alliance to jointly pursue design and ...

read more →

Kosmos Energy to acquire Deep Gulf Energy for $1.2B

Kosmos Energy has entered into an agreement to acquire Gulf of Mexico operator Deep Gulf Energy (DGE).

read more →

Noble retires three rigs as net loss deepens

Noble Corporation has retired two semi-submersible rigs and one jack-up rig. The driller's quarterly loss deepened ...

read more →

Neptune makes three senior management additions

Oil and gas company Neptune Energy Group has made three senior appointments in its Aberdeen and London offices.

read more →

CGG returns to profit in 2Q

CGG returned to profit in the second quarter of the year as its revenues fell by 3 percent.

read more →

TGS sees seismic market improving. Starts UK survey

Norway's TGS has kicked off acquisition the new Erlend Wild West multi-client 3D seismic project. Separately, the ...

read more →

Ex-Ocean Installer man joins Swire Oilfield as CFO

Swire Oilfield Services, a provider of offshore containers and oilfield services, has appointed a new chief ...

read more →

Rowan sinks deeper into the red

Offshore driller Rowan Companies sank deeper into the red as its revenues fell amid lower rig utilization and ...

read more →

McDermott books profit jump in 2Q

McDermott saw an increase in its second quarter 2018 profit on the back of higher revenues driven by projects for ...

read more →

Carnarvon adds new board member

Australian oil exploration company Carnarvon Petroleum has named a new member of the company’s board of directors.

read more →

Lundin profit tumbles

Lundin Petroleum recorded a decrease in its quarterly profit despite higher revenues.

read more →

BP's 2Q profit four times higher than last year

British oil major BP has reported a profit of $2.8 billion for the second quarter of 2018. This was, the company ...

read more →

Eidesvik CFO resigns to join finance group

Chief financial officer of Eidesvik Offshore has decided to resign from the company.

read more →

Ouro Preto files best bid for Petrobras' Campos Basin fields

Brazilian oil giant Petrobras has confirmed that Ouro Preto Óleo e Gás company was the best bidder in its tender to ...

read more →

Diamond Offshore slips to the red

Diamond Offshore recorded a loss in the second quarter amid impairment charges and lower revenues. 

read more →

Swala Oil & Gas halts securities trading

Swala Oil & Gas has halted trading of its securities listed on the Dar es Salaam Stock Exchange (DSE) in Tanzania.

read more →

Chevron earnings more than double

Chevron more than doubled its earnings during the second quarter of 2018 compared to the same period last year ...

read more →

ExxonMobil posts $4 billion in earnings

U.S. oil major ExxonMobil on Friday posted its second quarter 2018 earnings of $4 billion compared with $3.4 ...

read more →

Eni profit soars on higher output

Italian oil company Eni recorded a significant increase in its quarterly profit driven by its Exploration & ...

read more →

LLOG promotes CFO to CEO role

LLOG Exploration has promoted three long-term employees to key executive management positions.

read more →

Polarcus narrows quarterly loss

Polarcus managed to cut its loss in the second quarter 2018 when compared to the same period last year.

read more →

Ensco slips deeper into the red

Ensco saw its net loss for the second quarter of the year more than triple as its drilling expenses spiked due to ...

read more →

ConocoPhillips returns to profit

U.S. oil major ConocoPhillips has returned to black in the second quarter of 2018 amid stronger market prices.

read more →

Total profit jumps on higher oil prices

Total saw its profit rise in the second quarter of the year on the back of higher oil prices and production. 

read more →

Subsea 7 profit halved in 2Q

Subsea 7 recorded higher revenues for the second quarter of 2018 but its profit was halved during the period. 

read more →

Smaller profit, revenues for TechnipFMC 

Oilfield services provider TechnipFMC recorded a decrease in both profit and revenues during the second quarter of ...

read more →

Equinor sees net profit fall

Equinor saw its second quarter 2018 net profit drop by 15% despite an increase in revenues. 

read more →