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Oil prices slip as Libyan production improves

Oil prices have slipped on rising concerns of oversupply as production in Libya increases and US gasoline stocks improve in the peak summer driving...

Oil prices slip as Libyan production improves

Noble Energy hires Ensco’s drillship for offshore work in Israel

Noble Energy has signed a contract to hire Ensco’s ultra-deepwater drillship ENSCO DS-7 for offshore work in...

Noble Energy hires Ensco’s drillship for offshore work in Israel

NPD grants two drilling permits to AkerBP in North Sea

The Norwegian Petroleum Directorate (NPD) has granted drilling permits to AkerBP for two wells located in the North...

NPD grants two drilling permits to AkerBP in North Sea

Oil prices climb high on signs of market rebalancing

Oil prices have improved significantly on signs that supply is gradually tightening globally, especially in the US where crude stocks fell by nearly 13% from March to 466.5 million...

Oil prices climb high on signs of market rebalancing

Ophir Energy selects Gunvor as LNG buyer from Fortuna project

UK’s Ophir Energy has selected Gunvor Group as the preferred buyer of LNG for offtake from the Fortuna FLNG project located offshore Equatorial...

Ophir Energy selects Gunvor as LNG buyer from Fortuna project

Total to acquire Maersk Oil for $7.45bn

Total to acquire Maersk Oil for $7.45bn

Virginia Governor urges US to exclude state from new offshore drilling plan

In his latest letter, Virginia Governor Terry McAuliffe has urged the US Government to exclude the state from a new offshore oil and gas drilling...

Virginia Governor urges US to exclude state from new offshore drilling plan

PSA gives consent to Statoil to explore Gina Krog field well in North Sea

Petroleum Safety Authority of Norway has given approval to Statoil to drill an exploration well on the Gina Krog field and to use the West Elara mobile drilling facility to drill and...

PSA gives consent to Statoil to explore Gina Krog field well in North Sea

Oil prices drop marginally on rising output in US

Oil prices have slipped on indications of rising US output, though crude stocks dropped by nearly 13% in the...

Oil prices drop marginally on rising output in US

M&As this week: Transocean, Thalassa Holdings, Boskalis

Transocean Ltd has agreed to acquire Songa Offshore SE for $3.38bn. The purchase consideration also includes the assumption of $1.7bn of debt currently owed by the target...

M&As this week: Transocean, Thalassa Holdings, Boskalis

DNV GL and Lundin implement new techniques to reduce downtime at Edvard Grieg platform

DNV GL and Lundin implement new techniques to reduce downtime at Edvard Grieg platform

Deals this week: Abu Dhabi National Oil Company, Lukoil-Nizhnevolzhskneft, Royal IHC

Abu Dhabi National Oil Company (ADNOC), via Occidental of Abu Dhabi, has awarded a contract to KBR to provide project management consultancy services for two gas fields located off the coast of...

Deals this week: Abu Dhabi National Oil Company, Lukoil-Nizhnevolzhskneft, Royal IHC

Shell to deploy Maersk Drilling rig for work offshore Trinidad

Shell to deploy Maersk Drilling rig for work offshore Trinidad

KBR receives PMC contract for ADNOC's offshore projects

US engineering company KBR has secured a project management consultancy (PMC) contract from Occidental of Abu Dhabi on behalf of the Abu Dhabi National Oil Company (ADNOC) for two gas...

KBR receives PMC contract for ADNOC's offshore projects

Dresser-Rand to supply power generation equipment for Chinese offshore projects

Dresser-Rand to supply power generation equipment for Chinese offshore projects

Oil prices recover as US crude stocks decline

Oil prices have recovered with the support of falling crude inventories in the US following a fall of more than 1% in the previous session, though high production rates continue to restrict...

Oil prices recover as US crude stocks decline

Transocean to acquire Songa Offshore for $3.4bn

Transocean to acquire Songa Offshore for $3.4bn

BP begins production from Juniper field, offshore Trinidad and Tobago

BP Trinidad and Tobago (BPTT) has commenced gas production from its Juniper field in the East Mayaro...

BP begins production from Juniper field, offshore Trinidad and Tobago

Oil prices climb high as US inventories decline

Oil prices have increased amid reports of declining US crude inventories, although the gains were largely restricted as the crude market remained oversupplied...

Oil prices climb high as US inventories decline

Statoil starts drilling on the Verbier Prospect, UK North Sea

Statoil (UK) has commenced drilling operations on well 20/05b-13 in UK Seaward Licence P.2170, blocks 20/5b & 21/1d, located in the North Sea,...

Statoil starts drilling on the Verbier Prospect, UK North Sea

Bumi Armada wins $134m EPCI contract in Caspian Sea

Bumi Armada Caspian has secured a contract valued at nearly $134m with Lukoil-Nizhnevolzhskneft to provide additional engineering, procurement, construction and installation (EPCI) services...

Bumi Armada wins $134m EPCI contract in Caspian Sea
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