API’s IM standards boost offshore safety

API is continuing to lead the way on safety

Lundin Sets 2014 Capex at USD 2.1 Bln

 Lundin Petroleum AB (Lundin Petroleum) announces its 2014 development, appraisal and exploration budget which ...

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Dolphin Ups Loan for Seismic Equipment to USD 93 Mln

Dolphin Geophysical AS, a wholly-owned subsidiary of Dolphin Group ASA, has today entered into a term sheet with ...

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Transocean Contracts Value Reaches USD 2 Bln

Transocean Ltd. today issued a comprehensive Fleet Status Report which provides the current status and contract ...

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Hertel UK Offshore Division Secures USD 19.1 Mln Worth ...

Hertel’s UK Offshore division has secured new contracts worth £12 million (USD 19.1 million) in the last six weeks ...

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McDermott 2Q Net Loss Amounts to USD 149.4 Mln

McDermott International, Inc., an engineering and construction company, with a focus on the energy and power ...

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Helix Reports 2Q Income at USD 27.2 Mln (USA)

Helix Energy Solutions Group, Inc. reported net income of $27.2 million, or $0.26 per diluted share, for the second ...

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Halliburton Income Increases to $677 Mln

Halliburton announced today that income from continuing operations for the second quarter of 2013 was $677 million, ...

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Norwegian Projects to Increase European Drilling ...

Norway will be Europe’s key offshore oil and gas destination in the near future, with a series of fresh development ...

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EMGS Wins $100 Mln 3D EM Data Acquisition Contract

Electromagnetic Geoservices ASA (EMGS) announces that it has been awarded a contract worth approximately USD 100 ...

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Wentworth Granted USD 10 Mln Long-Term Debt Facility ...

Wentworth, the Oslo Børs and AIM listed oil and gas exploration and production company, announced the completion of ...

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MODU Market to Reach USD 54.8 Bln Value in 2013

Within the global oil and gas industry the mobile offshore drilling unit (MODU) market is taking on an increasingly ...

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BP Plans $8 Bln Buy-Back of Shares (UK)

BP announced today that it intends to carry out a share repurchase, or buy-back, programme with a total value of up ...

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SOCAR Allocates USD 4 Billion for New Offshore Rigs ...

SOCAR Allocates USD 4 Billion for New Offshore Rigs

Azerbaijan’s state-controlled oil and gas exploration and production company, SOCAR, has allocated $4 billion ...

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Kosmos Energy to Spend USD 525 Mln on E&D in 2013

Kosmos Energy announced yesterday, January 28, its 2013 planned capital program, which totals approximately $525 ...

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Lundin 2013 Exploration Budget Amounts to USD 1.7 Bln

Lundin Petroleum AB (Lundin Petroleum) announced its 2013 development, appraisal and exploration budget which ...

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Boskalis Bags Two Scandinavian Offshore Contracts Worth ...

Boskalis Bags Two Scandinavian Offshore Contracts Worth USD 132 Mln

Royal Boskalis Westminster N.V. (Boskalis) has acquired two offshore energy-related contracts in Scandinavia with a ...

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Ukraine’s Naftogaz Orders Two Rigs Worth USD 1.2 ...

Ukraine's Naftogaz Orders Two Rigs Worth USD 1.2 Bln from Keppel

Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), ...

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Noreco Reports Net Loss of USD 42.7 Mln (Norway)

Norwegian Energy Company ASA (Noreco) presented its third quarter 2012 results, with a negative EBITDA of NOK 32 ...

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Brazil: GE and Petrobras Ink USD 1.1 Bln Subsea Deal

GE Oil & Gas and Brazilian energy company Petrobras have signed the world’s largest subsea wellhead ...

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Norway: Borgland Dolphin Gets USD 575 Mln Worth Contract

Dolphin Drilling AS, a subsidiary of Fred. Olsen Energy ASA, has entered into a Letter of Award (LOA) with a Rig ...

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COSL’s Subsidiary Completes USD 1 Billion Notes Issue (China)

COSL’s Subsidiary Completes USD 1 Billion Notes Issue (China)

  China Oilfield Services Limited announced that its wholly-owned subsidiary, COSL Finance BVI Limited, has ...

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