Peregrino II drilling facility modules set sail for Texas

Equinor has informed that modules for the Peregrino Phase II drilling facility began its journey to Brazil for ...

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Rowan sinks deeper into the red

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

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Mexico approves Eni's plan for Area 1 discoveries

Mexico's CNH has approved Eni's development plan (PoD) for the discoveries of Amoca, Miztón and Tecoalli off Mexico.

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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 ...

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Royal IHC to convert McDermott's Amazon to J-Lay vessel

McDermott has revealed its modification plans to convert the Amazon construction vessel to an ultra-deepwater J-Lay ...

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ARO wins 18 years worth of offshore drilling contracts

The U.S. offshore drilling company Rowan has informed that ARO Drilling was awarded six three-year contracts by ...

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McDermott lands subsea tieback deal with Pemex

McDermott has been awarded a sizeable contract award by Pemex for subsea pipeline flowline installation in support ...

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Husky extends Henry Goodrich rig deal

Transocean has secured a one-year contract for one of its semi-submersible drilling rigs in Canada.

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Edison Chouest to hire more Guyanese workers

U.S. offshore vessel owner Edison Chouest will employ more Guyanese workers aboard its vessels supporting ...

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Otto expands U.S. Gulf of Mexico acreage

Otto Energy has entered into a joint venture with Hilcorp Energy which will see it earn a 37.5% working interest in ...

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Pemex shuts El Señor del Mar FPSO for maintentance

Mexican oil company Pemex will carry out maintenance work on BW Offshore's Yúum K’ak’náab FPSO in the Campeche Bay.

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Diamond Offshore slips to the red

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

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Popular news, July 23 - 29, 2018

The most popular news of the week.

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U.S. offshore rig count drops to 16 units

The number of offshore rigs in the U.S. decreased to 16 units last week, according to a Friday report by Baker ...

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Chevron earnings more than double

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

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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 ...

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Wison scoops work on Western's FLNG project

Wison Offshore & Marine and Western LNG have entered into a technical service agreement (TSA) regarding a new ...

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Equinor eyes Bay du Nord project development

The government of Newfoundland and Labrador and Equinor have entered into a framework agreement to develop the Bay ...

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SBM Offshore, Petrobras ink leniency agreement

Dutch FPSO provider SBM Offshore has signed a leniency agreement with the Brazilian authorities and Petrobras ...

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Norwegian duo in seismic project off East Canada

TGS and PGS are starting a new 3D multi-client project in East Canada.

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LLOG promotes CFO to CEO role

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

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GulfSlope eyes Gulf of Mexico well duo

GulfSlope Energy has the Rowan Ralph Coffman jack-up rig under tow in the Gulf of Mexico to the Vermilion Area, ...

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ConocoPhillips returns to profit

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

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BP to invest up to $8 billion in T&T over next 10 years

BP could potentially invest as much as $8 billion dollars in Trinidad and Tobago in nine new developments over the ...

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Hess: Third drillship to reach Guyana in 4Q 2018

Following ExxonMobil's series of oil discoveries offshore Guyana, the company is preparing to bring a third ...

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Castex contracts Ensco rig for Hummer well

Castex Energy has contracted the Ensco 68 jack-up to drill the Main Pass Block 270 B-2 appraisal and development ...

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Tullow still interested in cancelled offshore blocks in Peru

London-listed oil company Tullow is still interested in offshore blocks in Peru, following the Peruvian president’s ...

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