News, views and contacts from the global Offshore industry
 

News

Stay up to date with the latest industry news from the global offshore industry

Latest News

Oil prices slip over worries on Greek crisis
29 June, 2015
Oil price declined more than $1 to below $62 per barrel on Monday over worries on Greek...
> read more

China moves $1bn Haiyang Shiyou 981 oil platform to East Vietnam Sea
Monday, June 29, 2015 China has moved the $1bn Haiyang Shiyou 981 oil rig back to the East Vietnam Sea, located 167km from the Vietnam coast to explore oil and gas again....

KazMunayGas and Eni finalise agreement to jointly explore Isatay block in Caspian Sea
Monday, June 29, 2015 KazMunayGas (KMG) and Eni have concluded an agreement for 50% of the subsoil use rights in the Isatay block in the Kazakh Caspian Sea to be transferred to Eni. ...

Aibel Haugesund secures yard stay contract with Odfjell Drilling
Monday, June 29, 2015 Norway's oil and gas services supplier Aibel Haugesund has secured a yard stay contract with Odfjell Drilling for the Deepsea Bergen rig....

Woodside partners to supply gas to Western Australia from Browse FLNG project
Friday, June 26, 2015 The Western Australian (WA) government has signed an agreement with Woodside-led consortium for the provision of domestic gas from the Browse floating LNG (FLNG) project off the Kimberley coast....

Oil prices decline over anticipated Iranian nuclear deal
Friday, June 26, 2015 Oil prices have dropped due to awaited talks on an Iranian nuclear deal to allow the country to restart fuel exports, adding to crude's total supplies....

BP completes installation of topside modules on Clair Ridge platform
Friday, June 26, 2015 BP has completed the installation of the new quarters and utilities (QU) topside modules on the Clair Ridge project, an investment in the second phase of development on the Clair field,...

Wood Group to operate CATS in North Sea for Antin
Friday, June 26, 2015 Scottish oil and gas firm Wood Group has signed a $250m deal with Antin Infrastructure Partners to operate the Central Area Transmission System (CATS) in the North Sea....

Exxon Mobil ceases production at three California offshore oil platforms
Thursday, June 25, 2015 Exxon Mobil has ceased production at three offshore platforms following the shutdown of a pipeline that spilled up to 101,000gal of crude on the Santa Barbara coast....

Oil prices remain steady with increase in gasoline inventory
Thursday, June 25, 2015 Oil prices remains unchanged due to a higher than expected inventory of crude stocks....

E.ON looks into sale of North Sea and Algerian oil and gas assets for $2bn
Thursday, June 25, 2015 Power and gas company E.ON is considering selling its North Sea and Algerian oil and gas assets for $2bn....

L&T secures $427m offshore contract for Bassein gas field project from ONGC
Thursday, June 25, 2015 India's L&T Hydrocarbon Engineering (LTHE) has secured a Rs27bn ($427m) offshore contract for the Bassein development project of state-run hydrocarbons explorer Oil and Natural Gas...

Offshore Installation Services to decommission four subsea wells in North Sea
Wednesday, June 24, 2015 Canada's Antrim Energy has awarded a contract to Offshore Installation Services (OIS) to permanently plug and abandon four subsea wells in the UK Central North Sea....

Green groups urge US Interior to withdraw Shell’s risky Arctic drilling approval
Wednesday, June 24, 2015 Green groups have urged the US Department of Interior to withdraw its conditional approval for Royal Dutch Shell's Arctic oil exploration...

Oil prices edge-up with signs of supply concerns easing
Wednesday, June 24, 2015 Oil prices have edged-up towards $65 a barrel, with signs of easing supply glut concerns....

Gazprom to perform surveys on offshore section of the Turkish Stream
Wednesday, June 24, 2015 Russian energy company Gazprom has secured permission from Turkey to carry out engineering surveys for the offshore section of the Turkish Stream....

Dolphin to initiate 3D survey on North West Shelf in Australia
Tuesday, June 23, 2015 Marine geophysical services provider Dolphin Geophysical is set to start a large 3D SHarp Broadband Multi-Client (MC) survey, covering around 15,000km² as part of its continued seismic...

BP awards two contracts worth $363m for Shah Deniz project in Caspian Sea
Tuesday, June 23, 2015 BP Exploration (Shah Deniz) has awarded two new contracts worth $363m for Shah Deniz Stage 2 and South Caucasus Pipeline Expansion (SCPX) projects....

Pemex reports fire on offshore Akal-H satellite platform in Gulf of Mexico
Tuesday, June 23, 2015 Mexico's state-run oil company Petroleos Mexicanos (Pemex) has reported a fire on the offshore Akal-H satellite platform in Campeche in the southern Gulf of Mexico....

Oil price slight rise following strong European economic data
Tuesday, June 23, 2015 Oil prices have experienced a slight rise due to strong European economic data easing oversupply concerns....

Gassco to operate gas pipeline at Johan Sverdrup field in North Sea
Monday, June 22, 2015 Gassco has been selected to operate the 156km pipeline of Johan Sverdrup field in the North Sea, being developed by Statoil, Lundin Norway, Petoro, Det norske oljeselskap and Maersk Oil....


News Archive