Maersk wins two deepwater drilling contracts in Suriname from Total
Danish offshore drilling rig operator Maersk Drilling has received a contract from French oil major Total to supply two deepwater…
Danish offshore drilling rig operator Maersk Drilling has received a contract from French oil major Total to supply two deepwater…
OMV Petrom has earmarked approximately €32m for the drilling campaign at two new development wells in the shallow waters of the Istria block, in the Black Sea. The Romanian oil…
Brent oil prices have edged up slightly in spite of rising concerns that renewed Covid-19 pandemic lockdowns could affect global fuel consumption. Brent crude rose by $0.20, or 0.4%, to…
Japanese firm Marubeni is reportedly considering selling its main oil and gas fields in the UK North Sea. The company, which is working with Jefferies Financial Group, intends to divest…
Exxon Mobil has reportedly failed to find hydrocarbon resources following drilling at the Hassa-1 exploration well in the Stabroek block offshore Guyana. Covering 6.6 million acres, the Stabroek Block is…
Oil prices dropped further after touching an 11-month high last week due to rise in Covid-19 infections, which has dimmed the market outlook. Brent crude dropped by $0.30, or 0.5%,…
Floating production storage and offloading (FPSO) vessel operator BW Offshore has confirmed that two workers have died following an incident on board its ‘Espoir Ivoirien’ FPSO. The FPSO was operating…