API’s IM standards boost offshore safety

API is continuing to lead the way on safety

CNOOC 2013 net profit falls

China's CNOOC Limited sees its net profit for the full year 2013 slide.

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Maersk Oil profit hurt by low oil prices and output

Danish oil company Maersk Oil reported a 58 per cent drop in its full year net profit for 2013.   Last year, the ...

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Petrobras 2013 profit rises 11 pct

Brazil’s state-run oil company Petrobras has reported its 2013 net income was 11% up on 2012 due to diesel ...

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Pacific Drilling had an outstanding 2013, CEO says

Pacific Drilling S.A.  today announced revenue of $200.5 million and net income of $25.7 million or $0.12 per ...

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Bumi Armada highlights importance of its FPSO business

Malaysia-based international offshore oilfield services provider, Bumi Armada Berhad, today reported its net profit ...

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Kvaerner sees revenues grow in 2013

Kvaerner, a Norwegian provider of engineering, procurement and construction (EPC) services, has announced full year ...

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BW Offshore 2013 EBITDA at $447.4M

BW Offshore today reported that its operating revenues for Q4 2013 amounted to USD 266.7 million, compared to USD ...

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Petrobras 2013 Production Down on Project Delays

Petrobras’ December production slightly rose, but the company reported a drop of 1.5% in production for the ...

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Record Revenues for Cameron

Oilfield equipment maker Cameron today reported record quarterly and yearly revenues. Orders booked in the fourth ...

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Thailand: PTTEP Posts Flat 2013 Net Profit

Thailand’s PTTEP today posted a recurring net profit of USD 1,846 million, similar to the previous year’s ...

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UK Sees Rise in Field Start-Ups in 2013. Drilling ...

The number of fields which began producing oil and gas in the UK hit its highest level for five years in 2013.

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Afren CEO: 2013 Was Exceptional

Afren has today announced it expects to deliver record financial results for 2013, with sales revenue of circa ...

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Petrolia Norway Wins Stake in North Sea Licence

Petrolia Norway AS, a fully owned subsidiary of Petrolia SE, has been awarded a new license in the 2013 Award in ...

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Noreco to Focus on Mature Areas of Norwegian Shelf. ...

Noreco has been awarded five new licences in the 2013 Awards in Predefined Areas (APA) in Norway. In two of these, ...

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Shell CEO Slams 2013 Performance

Royal Dutch Shell plc today updates on its expected 2013 results. Fourth quarter 2013 figures, which are expected ...

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Ramboll Wins Business Prize 2013 by Esbjerg (Denmark)

Last week, Ramboll Oil & Gas was awarded the Business Prize 2013 by Esbjerg Business Development Centre. The ...

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Noreco’s December 2013 Production Rises

Norwegian Energy Company (Noreco) in December 2013 produced 5 269 barrels of oil equivalents (boe) per day. Net ...

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PTTEP Announces 2013 Achievement and Five-Year Plans

PTTEP has announced the 2013 achievement and five-year plans. Tevin Vongvanich, President and CEO of PTT ...

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Top News of The Week, December 23 – 29, 2013

Top News of The Week, December 23 - 29, 2013

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Research and Markets Announces ‘Global Offshore ...

Research and Markets has announced the addition of the “Global Offshore Drilling Market 2013-2018” ...

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BP to Write Off $1.08 B on Pitanga Well Miss. Hails ...

BP today said that 2013 had been its most successful year for new field exploration for almost a decade. During the ...

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