API’s IM standards boost offshore safety

API is continuing to lead the way on safety

CNOOC: Oil production increases by 15 pct in 1Q

China National Offshore Oil Corporation Limited (CNOOC), a major national oil company in China, today announced its ...

read more →

Ocean Installer sells 70 pct share in CSV Normand Vision

Ocean Installer sells its 70 per cent share in the CSV Normand Vision to its marine partner Solstad Offshore, ...

read more →

Norway: February oil production in line with NPD forecast

The Norwegian Petroleum Directorate has announced preliminary production figures for February 2014. The figures ...

read more →

Songa Offshore earnings in North Sea affected by bad ...

Songa Offshore, an international offshore drilling company, has released its monthly rig fleet update for February ...

read more →

ABB net income down by 13 pct (Switzerland)

ABB today reported record full-year revenues and higher operational EBITDA, net income and free cash flow despite a ...

read more →

KrisEnergy Buys 60 Pct Stake in Gulf of Thailand Block

KrisEnergy Ltd. has acquired from Mubadala Petroleum a 60% working interest in block G3/48 in the Gulf of Thailand. ...

read more →

Prosafe’s 4Q Fleet Utilisation at 82 Pct

Prosafe, a Cyprus-based owner of offshore accommodation rigs, has announced that its fleet utilisation in the ...

read more →

BW Offshore to Buy 30 Pct Stake in Polvo Field (Brazil)

BW Offshore has signed a Letter of Intent to acquire 30% of the Polvo oil field in Brazil. The definitive ...

read more →

Faroe Petroleum Buys Remaining Share in Lowlander Field, UK

 Faroe Petroleum, the independent oil and gas company, announces that it has acquired the remaining 50 per cent ...

read more →

Halliburton Board Approves 20 Pct Dividend Increase

Halliburton announced that its board of directors has approved a 20 percent increase in its quarterly dividend. The ...

read more →

Unite: 50 Pct Workers Not Confident About Offshore ...

Offshore workers together with Unite, the UK’s biggest union are launching the ‘Back Home Safe’ campaign on ...

read more →

Encana to Lay Off 20 Pct of Workers

Encana Corporation announced its clear vision and strategy today, earlier than initially expected, and has already ...

read more →

SeaBird 3Q Revenues Up 14 Pct

SeaBird Exploration Plc, a global provider of marine 2D/3D/4D seismic data, and associated products and services to ...

read more →

Miclyn Buys 50 Pct of Uniwise Towage Limited (Thailand)

Miclyn Express Offshore announces that it has executed a Sale and Purchase Agreement to acquire 50% of the shares ...

read more →

Prosafe: 3Q Fleet Utilisation at 91 Pct

Prosafe, a Cyprus-based owner of offshore accommodation rigs, has announced that its fleet utilisation in the third ...

read more →

Woodside Quarterly Production Up 9.5 Pct

Woodside, Australia’s largest independent oil and gas company, has announced the results for the third quarter ...

read more →

Siem Offshore Acquires 50 Pct Ownership in Secunda Canada

Siem Offshore and Birch Hill Equity Partners Inc. (“Birch Hill”), together the “Parties”, have entered into an ...

read more →

Offshore Investment to Grow by 73 Pct (UK)

Scotland’s oil and gas sector has enormous potential for the future creating significant opportunities for the ...

read more →

AWE Limited Buys 60 Pct Share in Vic/P67 Permit (Australia)

AWE Limited today announced that it has signed a farm-in agreement to acquire a 60% working interest in permit ...

read more →

DONG Energy to Slash 400 Jobs. 1H Earnings Up

The Board of Directors of DONG Energy, one of the leading energy groups which focuses on procuring, producing, ...

read more →

Norwegian Oil & Gas Production In July Up 15 Pct

The Norwegian Petroleum Directorate has announced that preliminary production figures for July 2013 indicate an ...

read more →