Overview page containing news articles

Oil

List of the highlighted articles

Posted: 2 months ago

New CFO elected as FAR moves to finalise Sangomar sale

Australia’s FAR Limited has announced the departure of its current and the appointment of a ne...

Categories:
  • Business & Finance
Posted: 2 months ago
Posted: 2 months ago

Axess to provide offshore support services to Altera FPSOs

Axess Group, an asset integrity management company, has signed an offshore support services contract...

Categories:
  • Project & Tenders
Posted: 2 months ago
Posted: 2 months ago

Petronas awards P&A gig to Tanjung Offshore

T7 Global’s subsidiary, Tanjung Offshore, has received an award from Petronas Carigali for the...

Categories:
  • Project & Tenders
Posted: 2 months ago
Posted: 2 months ago

DNV, Vinde to inspect Vår Energi's assets off Norway

Oil and gas company Vår Energi has awarded a three-year inspection services contract to a strategic ...

Categories:
  • Operations & Maintenance
Posted: 2 months ago
Posted: 2 months ago

Valaris emerges from Chapter 11 free of $7.1bn of debt

Valaris has completed its financial restructuring, emerging from the Chapter 11 bankruptcy and elimi...

Categories:
  • Business & Finance
Posted: 2 months ago
Posted: 2 months ago

Baker Hughes gets subsea order from Petrobras

Baker Hughes has been awarded a subsea equipment contract from Petrobras as part of the Marlim and V...

Categories:
  • Project & Tenders
Posted: 2 months ago
Posted: 2 months ago

Eni and Santos to collaborate on projects in Australia and Timor-Leste

Italy’s Eni and Australia’s Santos have agreed to cooperate on projects in northern Aust...

Categories:
  • Collaboration
Posted: 2 months ago
Posted: 2 months ago

Petrobras kicks off bidding process for ninth Búzios FPSO

Petrobras has started the bidding process for the acquisition of a new FPSO for the Búzios field, in...

Categories:
  • Project & Tenders
Posted: 2 months ago
Posted: 2 months ago

Chevron profit shrinks due to effects of pandemic, storm Uri

U.S. oil major Chevron booked a smaller profit in the first quarter of 2021 compared to the same per...

Categories:
  • Business & Finance
Posted: 2 months ago
Posted: 2 months ago

ExxonMobil earns $2.7 billion in first quarter of 2021

U.S. supermajor ExxonMobil booked a quarterly profit due to benefits of higher commodity prices and ...

Categories:
  • Business & Finance
Posted: 2 months ago
Posted: 2 months ago

Stronger price environment pushes Eni profit past $1 billion

Italian oil and gas company Eni booked a net profit of over $1 billion in the first quarter of the y...

Categories:
  • Business & Finance
Posted: 2 months ago
Posted: 2 months ago

Total's profit back to pre-pandemic levels

French major Total reported a jump in profit for the first quarter of 2021, benefiting from the risi...

Categories:
  • Business developments & projects
Posted: 2 months ago
Posted: 2 months ago

Enauta resolves Atlanta field dispute with Dommo Energia

Brazilian oil and gas company Enauta has come to an agreement with Dommo Energia regarding all of th...

Categories:
  • Project & Tenders
Posted: 2 months ago
Posted: 2 months ago

SapuraOMV to sell assets off Peninsular Malaysia for $9M

SapuraOMV, formed through a deal between Malaysia’s Sapura Upstream and Austria’s OMV, h...

Categories:
  • Business & Finance
Posted: 2 months ago
Posted: 2 months ago

Petrobras to bid for Atapu and Sepia oil fields

Brazilian state-owned oil company Petrobras has decided to exercise its rights of first refusal and ...

Categories:
  • Project & Tenders
Posted: 2 months ago
Posted: 2 months ago

Equinor posts best quarterly results since 2014

Norwegian oil and gas company Equinor recorded a profit of $1.85 billion in the first quarter of the...

Categories:
  • Business & Finance
Posted: 2 months ago
Posted: 2 months ago

Petrobras 1Q production gets boost from P-70 ramp-up

Brazil’s state-owned oil major Petrobras had an average production of 2.765 million barrels of...

Categories:
  • Infrastructure
Posted: 2 months ago
Posted: 2 months ago

In 'strong start to 2021' Shell almost doubles 1Q earnings

Energy supermajor Shell has nearly doubled its earnings in the first quarter of 2020 due to higher r...

Categories:
  • Business & Finance
Posted: 2 months ago
Posted: 2 months ago

Trelleborg gets rid of another offshore oil & gas business

Swedish provider of engineered polymer solutions Trelleborg has divested another part of its oil and...

Categories:
  • Business & Finance
Posted: 2 months ago
Posted: 2 months ago

Aker BP books profit, higher income over increase in prices

Norwegian oil and gas company Aker BP has booked a profit and saw higher income in the first quarter...

Categories:
  • Business & Finance
Posted: 2 months ago
Posted: 2 months ago

ADM Energy takes control of Barracuda field off Nigeria

Oil and gas investment company ADM Energy has completed the acquisition of a controlling interest in...

Categories:
  • Business & Finance
Posted: 2 months ago
Posted: 2 months ago

FAR shareholders back Sangomar stake sale to Woodside

Shareholders of Australia’s FAR Limited have approved the sale of the company’s Senegal RSSD project...

Categories:
  • Business & Finance
Posted: 2 months ago
Posted: 2 months ago

Valaris books 1Q loss, looks to emerge from Chapter 11

Offshore drilling contractor Valaris booked a $910 million loss in the first quarter of the year but...

Categories:
  • Business & Finance
Posted: 2 months ago
Posted: 2 months ago

Eidesvik sells platform supplier outside oil & gas sector

A subsidiary of Norwegian offshore vessel owner Eidesvik Offshore has sold and delivered one of its ...

Categories:
  • Vessels
Posted: 2 months ago
Posted: 2 months ago

Bristow scores contract extension with Aker BP in Norway

Offshore helicopter operator Bristow Group has won a contract extension with Aker BP to support air ...

Categories:
  • Business & Finance
Posted: 2 months ago