Oil & Gas Archives

over 3 years ago

Ulstein delivers two platform suppliers to COSL

Norwegian shipbuilder and designer Ulstein has delivered two platform supply vessels of the Ulstein ...

over 3 years ago

over 3 years ago

Solstad agrees conditions for Ocean Yield AHTS duo

Norwegian vessel owner Solstad Offshore has finalized negotiations regarding its financial restructu...

over 3 years ago

over 3 years ago

Loss deepens for Kosmos

Kosmos Energy sank deeper into the red in the first quarter of 2020 due to impairments and low oil p...

over 3 years ago

over 3 years ago

Penspen to support ADNOC's Zirku project

Engineering and management services provider Penspen has been awarded a contract by Target Engineeri...

over 3 years ago

over 3 years ago

U.S. weekly offshore rig count down to 15 units

The number of offshore rigs in the U.S. dropped by one unit over the last week, according to weekly ...

over 3 years ago

over 3 years ago

Civmec wins Woodside contract for Pluto-Karratha project

Australian largest LNG company Woodside has awarded a supply and fabrication contract to compatriot ...

over 3 years ago

over 3 years ago

PHOTO: U.S. warship 'says hi' to West Capella drillship

The USS Montgomery combat ship and the dry cargo ship USNS Cesar Chavez checked out the West Capella...

over 3 years ago

over 3 years ago

Ardmore CEO: A second round of strong tanker rates likely

A global oversupply of oil resulting from lower demand due to the COVID-19 pandemic and high product...

over 3 years ago

over 3 years ago

World's largest crane vessel lifts Nova topside module

The world’s largest crane vessel, Sleipnir, has lifted Wintershall Dea’s Nova field topside module f...

over 3 years ago

over 3 years ago

Halliburton cuts another 1,000 jobs. Workforce down by 5,000

With another 1,000 workers laid off earlier this week, giant oilfield services provider Halliburton ...

over 3 years ago

over 3 years ago

Maersk Drilling in new round of layoffs

Offshore drilling company Maersk Drilling has decided to take another swing with the job axe and lay...

over 3 years ago

over 3 years ago

Saudi Aramco suspends Noble Scott Marks jack-up rig

Oil giant Saudi Aramco has suspended the contract for one of Noble Corporation’s offshore drilling r...

over 3 years ago

over 3 years ago

Pacific Drilling improves in 1Q, challenging times ahead

Despite posting a loss in the first quarter of the year, offshore drilling contractor Pacific Drilli...

over 3 years ago

over 3 years ago

Hess posts $2.4Bn loss

Hess Corporation booked a loss for the first quarter of 2020 due to impairment charges resulting fro...

over 3 years ago

over 3 years ago

Qatar Petroleum expands footprint in Mexico

State-owned Qatar Petroleum has entered into three farm-in agreements to acquire about 30 per cent o...

over 3 years ago

over 3 years ago

Murphy Oil to curb May output

Murphy Oil plans to reduce its output in May by 40,000 barrels of oil equivalent per day, with the m...

over 3 years ago

over 3 years ago

WesternGeco surveys Egyptian block for Neptune

WesternGeco has completed an ocean bottom nodes multiclient survey in the North West El Amal block, ...

over 3 years ago

over 3 years ago

Bourbon Oceanteam 101 CSV completes work in Angola

Construction support vessel Bourbon Oceanteam 101 has completed work in Angola under its charter agr...

over 3 years ago

over 3 years ago

PTTEP submits plan for suspension of well trio in Australia

Thailand’s PTTEP has submitted a plan for the suspension of three wells to Australia’s Nationa...

over 3 years ago

over 3 years ago

Subsea 7 nets IOG North Sea SURF

Subsea 7 has secured a contract from Independent Oil and Gas (IOG) for the Blythe and Vulcan satelli...

over 3 years ago

over 3 years ago

Equinor sinks to quarterly loss

Equinor recorded a loss in the first quarter of the year due to low oil prices and impairments of $2...

over 3 years ago

over 3 years ago

Cairn Energy looking for chairman successor

Chairman of oil and gas company Cairn Energy has indicated that he will retire from the board of dir...

over 3 years ago

over 3 years ago

Deepsea Yantai cleared to drill North Sea wells for Neptune

Norwegian offshore safety body, the Petroleum Safety Authority (PSA), has given its consent to Neptu...

over 3 years ago

over 3 years ago

Maersk Supply to axe jobs

Maersk Supply Services, a Danish offshore supply vessel provider, has decided to reduce its onshore ...

over 3 years ago

over 3 years ago

OGA to support UK's target to reach net zero by 2050

The UK Oil and Gas Authority (OGA) has revealed its intention to help the government achieve the tar...

over 3 years ago

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