Diamond Offshore Drilling Inc, a Houston based drilling contractor, is having difficulties with collecting cash from Brazilian oil company OGX.
Heerema Marine Contractor’s new Deepwater Construction Vessel (DCV) Aegir was christened in the Rotterdam Calandkanaal (NL) on Friday with a spectacular show to mark the festive occasion.
Malaysian oil giant PETRONAS has awarded the Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) contract for the development of two gas fields in Block SK316 to Technip-MMHE joint venture.
Statoil Canada and co-venturer Husky Energy have announced that the first Bay du Nord exploration well has discovered between 300 and 600 million barrels of oil recoverable.
Centrica plc has taken the decision not to proceed with its new-build gas storage project at Baird in the UK Southern North Sea and to put its project at Caythorpe in East Yorkshire on hold indefinitely.
September 29, 2013