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Brent crude holds above $60 a barrel
05 March, 2015
The price of Brent crude oil held above $60 a barrel on failure to reach a deal in negotiations over Iran's nuclear...
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McDermott wins Jangkrik complex subsea fabrication contract in Indonesia
Thursday, March 05, 2015 McDermott International has won a subsea fabrication contract from FMC Technologies for the Jangkrik fields, located offshore Kalimantan, Indonesia....

Vaalco Energy spuds first exploration well on Block 5, offshore Angola
Thursday, March 05, 2015 US-based oil and gas firm Vaalco Energy has started drilling its first exploration well on Block 5 offshore Angola....

Lundin Petroleum starts drilling 33/2-2S well on Morkel prospect in Norway
Thursday, March 05, 2015 Lundin Petroleum has started drilling 33/2-2S exploration well in PL579 on the Morkel prospect in the Norwegian Sea....

McDermott wins two new offshore contracts in Middle East
Wednesday, March 04, 2015 US-based engineering firm McDermott International has won two new offshore contracts in the Middle...

Oil holds above $60 on Saudi crude price increase
Wednesday, March 04, 2015 Brent held above $60 a barrel today due to an increase in Saudi crude prices and air strikes on oil facilities in...

Trans Adriatic Pipeline seeks bids for offshore pipeline construction
Wednesday, March 04, 2015 Trans Adriatic Pipeline (TAP) is inviting companies to submit expressions of interest for the construction of the 105km offshore pipeline section under the Adriatic...

IKM Ocean Design wins Johan Sverdrup SURF contract in Norway
Wednesday, March 04, 2015 IKM Ocean Design has won a detail engineering and services contract from Statoil for subsea umbilicals, risers and flowlines (SURF) of the Johan Sverdrup project in the Norwegian North...

CGG starts Davros survey in Western Australia's Northern Carnarvon Basin
Tuesday, March 03, 2015 French geoscience firm CGG has started its largest seismic survey in the Asia-Pacific region, in the Northern Carnarvon basin on the North West Shelf of Western...

Subsea 7 wins $240m contract extensions from Shell, offshore UK
Tuesday, March 03, 2015 Subsea 7 has won extensions for two underwater services contracts worth a combined $240m from Shell Upstream International...

Brent crude steadies above $60 after sharp drop
Tuesday, March 03, 2015 Brent crude prices steadied to $60 a barrel on Tuesday after a sharp drop in the earlier session due to a continuous fall in the US rig...

Technip wins contract to support Lula Alto field development in Brazil
Tuesday, March 03, 2015 French engineering firm Technip has secured a contract worth over €500m to support the development of Lula Alto pre-salt field in...

February's top stories: Aibel's gets $1.05bn deal, COPL forms JV
Monday, March 02, 2015 Aibel secured a contract worth $1.05bn from Statoil to build a drilling platform for the Johan Sverdrup field in the Norwegian North Sea, and Canadian Overseas Petroleum forms JV with...

Maersk wins newbuild drillship contract from Eni for Ghana offshore project
Monday, March 02, 2015 Maersk Drilling has secured a $545m contract from Eni Ghana Exploration and Production for use of its newbuild drillship Maersk Voyager on the $7bn Offshore Cape Three Points (OCTP)...

Oil drops to around $62 on increased production in Libya
Monday, March 02, 2015 The price of Brent crude oil dropped more than 1% on Monday to around $62 a barrel due to a stronger US dollar and an increase in crude production from Libya. ...

RWE to go ahead with DEA oil and gas unit sale
Monday, March 02, 2015 Germany-based RWE has said it will complete a €5bn agreement to sell its DEA oil and gas unit to Russian businessman Mikhail Fridman, despite the UK Government's move to block part of the sale....

Litgas signs gas supplies MoU with Delfin LNG
Monday, March 02, 2015 Litgas has signed a memorandum of understanding (MoU) with Delfin LNG, which is developing the first offshore gas liquefaction project in the US....

Eni signs two energy development agreements with Congo
Friday, February 27, 2015 Eni has signed two agreements with Congo for energy development and local growth in the country....

Statoil submits development plan for Peregrino phase two project in Brazil
Friday, February 27, 2015 Statoil has submitted a plan of development (PoD) for the Peregrino phase two project, offshore Brazil....

Intecsea wins contract to support Buckskin-Moccasin development in Gulf of Mexico
Friday, February 27, 2015 Chevron USA has awarded a contract to Intecsea to deliver engineering and long-lead procurement services for the front-end engineering and design (FEED) phase of the Buckskin / Moccasin project...

Oil rises above $61 on supply outages in the North Sea
Friday, February 27, 2015 The price of Brent crude oil increased above $61 a barrel today due to supply outages in the North...


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