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Sapura nets $315M in new contracts

The batch of new deals, among others, will see Sapura enter the Egyptian market, as well as work for the Oz Navy

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Exxon's Cyprus discovery 'huge' but with rocky road ahead

ExxonMobil last week made what was described a major gas discovery offshore Cyprus, joining Eni and Noble Energy in ...

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Exxon makes gas discovery at Glaucus-1 well, offshore Cyprus

ExxonMobil has completed the drilling of the second exploration well in the Block 10 offshore Cyprus has made a gas ...

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ExxonMobil added 4.5 billion boe in 2018, boosted by Guyana

The Stena Carron drillship used by ExxonMobil in Guyana

U.S oil major ExxonMobil has said it added 4.5 billion oil-equivalent barrels of proved oil and gas reserves in ...

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SBM Offshore: Liza 2 would be our largest capacity FPSO ever

Dutch FPSO suppliers SBM Offshore is awaiting the Liza 2 field sanction in Guyana so it can start building its ...

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Stone Energy buys Ram Powell field in Gulf of Mexico

Stone Energy has completed the acquisition of the Ram Powell Unit, and related assets in the U.S. Gulf of Mexico, ...

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Exxon keeps drilling, Guyana keeps giving

U.S. oil major ExxonMobil on Thursday announced it made a fifth new oil discovery after drilling the Turbot-1 well ...

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Russia, Exxon settle Sakhalin-1 dispute

Russia, Exxon settle Sakhalin-1 dispute

Russian authorities have signed a settlement agreement with ExxonMobil, settling a dispute regarding the Sakhalin-1 ...

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VIDEO: Origins and future production plans for Guyana's oil

Guyana, the only South American nation with English as the official language, has, as of recently, come into the ...

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U.S. Treasury: No Russia waiver for Exxon

Oil behemoth ExxonMobil will not get a permission from the U.S. to drill in the Russian part of the Black Sea. To ...

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SNC-Lavalin wins long-term work at Hibernia, Hebron

SNC-Lavalin wins long-term work at Hibernia, Hebron platforms

SNC-Lavalin has won a long-term contract for the inspection services aboard the Hibernia and Hebron offshore ...

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Exxon makes another discovery offshore Guyana

U.S. oil giant Exxon Mobil is at it again. The company on Thursday announced “positive results” on the ...

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Exxon taps SBM Offshore for Liza FPSO job

ExxonMobil has awarded a contract to SBM Offshore to supply an FPSO unit for its giant Liza discovery offshore ...

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ExxonMobil elects new board member

US oil giant ExxonMobil has announced that Angela Braly has become the new member of its board of Directors. ...

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WorleyParsons, Exxon resolve Arkutun Dagi dispute

WorleyParsons has reached a settlement of a dispute with Exxon Mobil Corporation, as operator for, and on behalf ...

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DW: Supermajors' earnings to be 'weakest in recent memory'

Despite major cost reduction measures, Q1 2015 earnings for supermajors are expected to be the weakest in recent ...

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Exxon Mobil reduces 2015 capex by 12%

U.S. oil giant Exxon Mobil today said it expects its capital expenditure for 2015 will be $34 billion in 2015 – 12 ...

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Exxon 4Q earnings down 21 pct

Exxon Mobil Corporation has today said its fourth quarter 2014 earnings were $6.6 billion, down from $8.4 billion ...

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Reuters: No Kara Sea drilling for Rosneft this year

Russian oil giant Rosneft will not be resuming its Kara Sea operations, offshore Russia’s north this year, ...

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ExxonMobil, COPL ‘committed’ to Liberian deal

Canadian Overseas Petroleum Limited along with its partner, ExxonMobil, remain committed to completing their work ...

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Reuters: ExxonMobil in talks over Ivory Coast offshore blocks

Ivory Coast is working to wrap up Production Sharing Contracts for two offshore blocks with the U.S. oil company ...

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