Overview page containing news articles

Oil

List of the highlighted articles

Posted: about 1 year ago

Solstad agrees conditions for Ocean Yield AHTS duo

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

Categories:
  • Business developments & projects
Posted: about 1 year ago
Posted: about 1 year 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...

Categories:
  • Business developments & projects
Posted: about 1 year ago
Posted: about 1 year ago

Penspen to support ADNOC's Zirku project

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

Categories:
  • Business developments & projects
Posted: about 1 year ago
Posted: about 1 year 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 ...

Categories:
  • Exploration & Production
Posted: about 1 year ago
Posted: about 1 year 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...

Categories:
  • Vessels
Posted: about 1 year ago
Posted: about 1 year 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...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year 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...

Categories:
  • Heavy lifting
Posted: about 1 year ago
Posted: about 1 year 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 ...

Categories:
  • Human Capital
Posted: about 1 year ago
Posted: about 1 year 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...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year 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...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year 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...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

Hess posts $2.4Bn loss

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

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year 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...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year 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...

Categories:
  • Exploration & Production
Posted: about 1 year ago
Posted: about 1 year ago

WesternGeco surveys Egyptian block for Neptune

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

Categories:
  • Business developments & projects
Posted: about 1 year ago
Posted: about 1 year ago

Bourbon Oceanteam 101 CSV completes work in Angola

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

Categories:
  • Vessels
Posted: about 1 year ago
Posted: about 1 year 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...

Categories:
  • Regulation & policy
Posted: about 1 year ago
Posted: about 1 year 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...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year 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...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year 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...

Categories:
  • Safety
Posted: about 1 year ago
Posted: about 1 year ago

Maersk Supply to axe jobs

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

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year 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...

Categories:
  • Outlook & strategy
Posted: about 1 year ago
Posted: about 1 year ago

Aker BP swings to loss

Aker BP sank to a net loss in the first quarter of the year after being hit by impairments due to a ...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

Petrofac bags $100 million in contract renewals

Oilfield services provider Petrofac has secured contract renewals in the UK totalling $100 million. ...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

PetroNor suspends Senegal arbitration

Oil and gas company PetroNor has reached a mutual agreement with the Government of Senegal to suspen...

Categories:
  • Authorities & Government
Posted: about 1 year ago