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GE and Noble Corporation team-up to provide Digital Rig solution

GE and Noble Corporation team-up to provide Digital Rig solution

Oil price improves on weak dollar

Oil prices have surged due to weakened US dollar and disruption of crude supplies from...

Oil price improves on weak dollar

Wood Group gets North Sea platform services contract from Premier Oil

Wood Group gets North Sea platform services contract from Premier Oil

Oil prices fall to $50 as doubts raise of output-cut extension

Oil prices have dropped towards $50 a barrel amid growing uncertainty as to whether OPEC will extend the output-cut deal beyond June to eliminate the global oversupply....

Oil prices fall to $50 as doubts raise of output-cut extension

Statoil secures 13 leases in Gulf of Mexico

Statoil secures 13 leases in Gulf of Mexico

OGA awards 25 offshore licences to 17 companies in UKCS

The Oil and Gas Authority (OGA) has awarded 25 licences for 111 blocks or part blocks to 17 companies in the 29th Offshore Licensing Round, enabling further exploration and production...

OGA awards 25 offshore licences to 17 companies in UKCS

Eni gains majority stakes in two new blocks in offshore Ivory Coast

Eni gains majority stakes in two new blocks in offshore Ivory Coast

Oil prices recover from four-month low after dropping from US stock rise

Oil prices are slowly recovering from a four-month low after the US reported a substantial increase in stocks that concerned investors about the effectiveness of OPEC-led output cuts....

Oil prices recover from four-month low after dropping from US stock rise

JDR and Proserv form alliance for West African offshore operations

Subsea cables and umbilicals supplier JDR is to expand its presence in West Africa after entering a partnership agreement with Proserv Instrumentation Nigeria. ...

JDR and Proserv form alliance for West African offshore operations

Statoil and partners award FEED contracts for Phase 2 development of Johan Sverdrup

Statoil and partners award FEED contracts for Phase 2 development of Johan Sverdrup

Oil prices slip as US crude production surges

Oil prices have dropped amid reports of another increase in US crude stocks that triggered concerns among investors over the ongoing global oversupply....

Oil prices slip as US crude production surges

Borr Drilling to buy Transocean's 15 jack-up rigs for $1.35bn

Borr Drilling has signed a letter of intent with Transocean to acquire 15 high-specification jack-up rigs for approximately $1.35bn....

Borr Drilling to buy Transocean's 15 jack-up rigs for $1.35bn

Oil prices increase over hopes of OPEC-output cut extension beyond June

Oil prices increase over hopes of OPEC-output cut extension beyond June

Oil prices plummet amidst increasing US drilling activity and steady OPEC supply

Oil prices slipped succumbing to rising US drilling activity and a steady supply from OPEC countries despite production cut...

Oil prices plummet amidst increasing US drilling activity and steady OPEC supply

Oil price continues to rise as US crude inventories dip

Oil prices have risen for the second day as US data showed a fall in crude inventories after it had soared for nine consecutive weeks. ...

Oil price continues to rise as US crude inventories dip

EIU expects US crude output to increase by 2.8% this year

OPEC members' commitment to the production cut deal agreed late last year has caused a rise in US crude production that is expected to reach 2.8% this year, according to Economist Intelligence...

EIU expects US crude output to increase by 2.8% this year

Oil prices soar after drop in US inventory

Oil prices have jumped after the release of industry data that indicated a drop in US crude inventory, following an almost three-month low....

Oil prices soar after drop in US inventory

Oil prices drop to almost three-month low as investors await US industry data

Oil prices drop to almost three-month low as investors await US industry data

Wood Group agrees to buy Amec Foster for $2.7bn

Oilfield services company Wood Group has signed a $2.7bn contract to acquire Amec Foster Wheeler....

Wood Group agrees to buy Amec Foster for $2.7bn

Amec Foster Wheeler secures contract of Brunei Shell Petroleum

Engineering and project management company Amec Foster Wheeler has received a major contract for the rejuvenation of Brunei Shell Petroleum's...

Amec Foster Wheeler secures contract of Brunei Shell Petroleum

Oil prices recover marginally after plummeting to three-month low

Oil prices recover marginally after plummeting to three-month low
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