Iran sanctions, trade tensions threaten oil supply, demand

The International Energy Agency has warned that the U.S. sanctions on Iran could cause a spike in oil prices later ...

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International offshore rig count rises in July

The international offshore rig count for July 2018 increased both sequentially and year-over-year, according to a ...

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UAE: Indian companies focus on 2018 RAK licensing round

The Emirate of Ras Al Khaimah in the UAE has seen an increased level of interest from Indian companies in the 2018 ...

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Trump tells partners to choose between Iran and U.S.

U.S. President Trump on Monday signed an executive order reimposing economic sanctions on Iran

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Magseis gets contract extension in the Middle East

Magseis, a Norwegian geophysical company, has been granted an extension for a cable operation in the Middle East.

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Popular news, June 30 - August 5, 2018

Popular news, June 30 - August 5, 2018

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Noble Energy: Leviathan development 60% complete

The development of the giant Leviathan gas field in the Mediterranean Sea, offshore Israel is nearly 60 percent complete.

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Popular news, July 23 - 29, 2018

The most popular news of the week.

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Shelf completes rig deal with Diamond

Shelf Drilling has completed the purchase of the Ocean Scepter jack-up rig from Diamond Offshore. 

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Popular news, July 16 – 22, 2018

The most popular articles of the week.

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ADNOC awards contracts for 'world’s largest seismic survey'

ADNOC has awarded contracts worth AED 5.88bn ($1.6bn) for the world’s largest continuous 3D onshore and offshore ...

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Rowan clinches new rig deals

Rowan Companies is keeping its rigs busy with contracts in the U.S. Gulf of Mexico, off the UK, and in the Middle ...

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Mermaid Maritime scoops subsea services deal

Mermaid Maritime has been awarded a subsea services contract with an initial contract value of $16 million in the ...

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Eni wins Most-Admired Explorer title

Italian oil and gas giant Eni has won Wood Mackenzie's Most-Admired Explorer title, an accolade awarded in ...

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Milestone, Leonardo to renew Saudi Aramco helicopter fleet

Milestone Aviation and Leonardo have been selected to renew the medium helicopter fleet of Aramco Overseas Company, ...

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WoodMac: OPEC to remain key oil supplier until 2040

OPEC will maintain its role as a key oil supplier through to 2040, although output from non-OPEC producers will ...

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SNC-Lavalin bags 5-year agreement in Saudi Arabia

SNC-Lavalin has signed a five-year framework agreement to provide international general engineering services to Al ...

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M2 Subsea wins $13 million in new contracts

ROV services provider M2 Subsea has secured contracts worth more than £10 million ($13.2 million) over the past six ...

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Deep Driller's jack-up trio bags 11 years worth of contracts

Offshore Drilling company Deep Drilling 1 has received a letter of award to deploy three offshore drilling rigs in ...

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Report: GDI, Seadrill in West Tucana rig deal

Qatar's Gulf Drilling International and Norway's Seadrill have reportedly signed an agreement for the utilization ...

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BHGE notes decline in international offshore rig count

The international offshore rig count for June 2018 decreased sequentially and year-over-year, according to a ...

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Popular news, July 2 - 8, 2018

The most popular articles of the week.

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Israel dismisses environmental petition against Energean

The Israeli Supreme Court has dismissed a petition against Energean regarding the company’s Karish-Tanin development.

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ADNOC dishes out contract for development of Bu Haseer

Al Yasat, a subsidiary of ADNOC, has awarded an engineering, procurement and construction contract for the full ...

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Shelf buys jack-up rig from Diamond Offshore for $90M

Offshore driller Shelf Drilling has entered into a definitive agreement to buy the Ocean Scepter jack-up drilling ...

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Popular news, June 25 – July 1, 2018

Read our most popular news of the week.

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New players grow presence in Southeast Asia

Since the fall in oil prices in 2014, oil majors and international oil companies (IOCs) have accelerated a shift ...

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