• Wood secures FEED contract for North Sea Grane tieback preparations

  Wood has secured a contract from Equinor to provide front-end engineering design (FEED) services for...
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• McDermott receives EPCI contract for Marjan and Zuluf fields

  McDermott International has secured a large contract award from Saudi Aramco to provide engineering, procurement,...
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• Oil prices decline due to worries on weak crude demand

  Oil prices have declined due to worries about weak demand for crude oil and a...
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• New Zealand proposes huge oil spill insurance increases

  The New Zealand Government has announced a new proposal to better protect taxpayers from the...
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• ADES wins contract for Admarine IV offshore jack-up rig

  ADES International Holding has secured a new two-year contract from an energy company in Egypt...
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• Oil prices edge up due to tensions between Iran and US

  Oil prices have increased due to tensions between Iran and the US, and Washington was...
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• Brent oil rises above $65 per barrel on US military attack fears

  Brent oil has increased above $65 per barrel and was set to achieve a 6%...
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• Unity develops new pressure test method to suspend mudline wells

  Unity has developed a new technology to pressure test suspended mudline wells from a vessel...
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• TGS and PGS secure 3D project offshore Canada

  Subsurface data company TGS and Petroleum Geo-Services (PGS) have secured the Jeanne d’Arc High Density...
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• BMT and Sonardyne to supply mooring system for deepwater project

  BMT and Sonardyne have been selected by Sofec to supply a new mooring monitoring system...
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