Connecting gears of the energy transition

The energy transition is one of the greatest challenges of our time

Atlantic Petroleum December Production Hit by Bad Weather

P/F Atlantic Petroleum  today announces that during the month of December, Atlantic Petroleum produced a net total ...

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Manora Oil Development Hit by Cost Overruns (Thailand)

Tap Oil Limited provides the following update on the Manora oil development project in the Northern Gulf of ...

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Reliance, BP Hit Gas Offshore India

  Reliance Industries Limited (RIL) and BP today announced a new gas condensate discovery off the east coast of ...

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Maersk Oil Profit Hit by Lower Prices and Output

Denmark’s Maersk Oil today reported net profit of $249 million, a drop from the $468 million achieved in the ...

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Subsea 7 Income Hit By Guara-Lula Cost Overruns

  Subsea 7 S.A. announced today results for the second quarter and first half 2013 which ended on 30 June 2013. ...

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BP 2Q Profit Hit By Low Oil Prices

BP today announced its financial results for the second quarter of 2013. Underlying replacement cost profit for the ...

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Ophir, BG Hit Gas at Ngisi Well Offshore Tanzania

Ophir Energy plc announces the successful results of its Ngisi drilling programme, Block 4 Tanzania and the upgrade ...

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WoodMac: Nigeria’s PIB to Hit Gas and Deepwater ...

Wood Mackenzie's economic assessment of Nigeria’s proposed fiscal changes reveals gas and deepwater projects would ...

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Songa Trym Yard Stay Costs Hit $260 Million (Norway)

Songa Trym Yard Stay Costs Hit $260 Million

Songa Offshore, a Cyprus-based drilling contractor, has informed in its December 2012 fleet update that its Songa ...

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Cal Dive’s Operating Results Hit By Tropical ...

Cal Dive's Operating Results Hit By Tropical Storm Debby (USA)

Cal Dive International, Inc. reported a second quarter 2012 loss of $5.7 million, or $0.06 per diluted share. This ...

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UK: North Sea Decommisioning Costs Could Hit Staggering ...

UK: North Sea Decommisioning Costs Could Hit Staggering Levels

A £47.5 billion business opportunity is opening up for companies in decommissioning the North Sea’s huge ...

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Russia: Lukoil's 3Q Net Income Hit by Ruble Depreciation

Russia Lukoil's 3Q Net Income Hit by Ruble Depreciation

Russian oil company, Lukoil, reported today that its net income was $9,012 million in the 9 months of 2011, which ...

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The Netherlands: SBM Offshore's 3Q Revenues Hit USD ...

FPSO Xikomba

SBM Offshore, a Dutch-based global group of companies selling and renting systems and services to the offshore oil ...

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China: COSL Well Services Division Hit by Penglai ...

China COSL Well Services Division Hit by Penglai Incident. Seismic Segment Grows

China Oilfield Services Limited today announced its unaudited results for the nine months ended 30 September ...

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USA: Apache Quarterly Earnings Hit USD 1.2 Billion

  Apache Corporation reported production of 749,000 barrels of oil equivalent (boe) per day and earnings of ...

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Spain: Repsol Quarterly Income Hits EUR 765 Million

  Repsol posted net income of 765 million euros in the first quarter of 2011, 11.2% more than the year-earlier ...

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The Netherlands: Shell 1Q Earnings Hit USD 6.9 Billion

  Royal Dutch Shell’s  first quarter 2011 earnings, on a current cost of supplies (CCS) basis , were ...

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USA: BP to Speed Up Restoration Works on Areas Hit by ...

  BP Exploration & Production, Inc. (BP) today announced it has signed a ground breaking agreement with ...

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INPEX Gives Helping Hand to Quake Hit Japan

INPEX  expressed their deepest condolences at the absolute tragedy caused by the recent massive earthquake that ...

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Iran: South Pars Annual Revenue to Hit $120 billion in ...

All the remaining phases of the South Pars gas field will come on stream in next four years resulting to $120 ...

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USA: ConocoPhillips’ 3Q Offshore Drilling ...

ConocoPhillips spent $4.87 million in the third quarter to lobby the federal government on offshore drilling and ...

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