Overview page containing news articles

Oil

List of the highlighted articles

Posted: 5 months ago

Solstad and Ocean Yield agree another standstill extension for AHTS duo

Shipowning company Ocean Yield and Solstad Offshore have agreed to further extend the standstill per...

Categories:
  • Vessels
Posted: 5 months ago
Posted: 5 months ago

Chevron books larger profit but opts for fresh capex cuts

Chevron booked a larger profit in the first quarter of 2020 compared to the same period last year. ...

Categories:
  • Business & Finance
Posted: 5 months ago
Posted: 5 months ago

Wintershall Dea cleared to use West Mira rig on Nova field

German oil and gas company Wintershall Dea has received consent from the offshore safety body, the P...

Categories:
  • Safety
Posted: 5 months ago
Posted: 5 months ago

Acteon companies to support platform installation off Trinidad and Tobago

The joint proposal from MENCK and LM Handling, both Acteon Group companies, has been selected to sup...

Categories:
  • Business & Finance
Posted: 5 months ago
Posted: 5 months ago

U.S. weekly offshore rig count inches down

The U.S. active offshore rig count last week dropped by one unit compared to the previous week, Bake...

Categories:
  • Exploration & Production
Posted: 5 months ago
Posted: 5 months ago

FAR to sell Sangomar stake after failure to secure financing

FAR Limited has said it is unlikely it will be able to finance its part of the Sangomar project deve...

Categories:
  • Business & Finance
Posted: 5 months ago
Posted: 5 months ago

Israeli player still up for Sea Lion farm-in

Rockhopper Exploration and Premier Oil, partners in the Sea Lion project located offshore the Falkla...

Categories:
  • Project & Tenders
Posted: 5 months ago
Posted: 5 months ago

KrisEnergy secures loan for project offshore Cambodia

Singapore’s independent oil and gas company KrisEnergy has entered into a credit facility agreement ...

Categories:
  • Project & Tenders
Posted: 5 months ago
Posted: 5 months ago

Woodside expects low oil and gas prices into 2021

Australia’s largest LNG player Woodside expects low oil and gas prices to continue for the res...

Categories:
  • Business developments & projects
Posted: 5 months ago
Posted: 5 months ago

ConocoPhillips swings to $1.7 billion loss

ConocoPhillips went from a profit in the first quarter last year to a loss in the same period of 202...

Categories:
  • Business & Finance
Posted: 5 months ago
Posted: 5 months ago

Maersk Drilling bags $100 million deal with Equinor

Maersk Drilling has been awarded a contract by Equinor for the drilling of three and plugging of one...

Categories:
  • Exploration & Production
Posted: 5 months ago
Posted: 5 months ago

Lundin lifts output forecast as quarterly revenues grow

Lundin Energy saw its quarterly revenues grow on the back of Johan Sverdrup start-up. As a result of...

Categories:
  • Business & Finance
Posted: 5 months ago
Posted: 5 months ago

Norway to introduce oil output cuts until end of 2020

The Norwegian Government has decided to make oil production cuts in an attempt to more rapidly stabi...

Categories:
  • Exploration & Production
Posted: 5 months ago
Posted: 5 months ago

Total to examine if O&G platforms can run on renewable energy

French energy major Total has joined a project to explore the potential of powering offshore oil and...

Categories:
  • Technology
Posted: 5 months ago
Posted: 5 months ago

Australian regulator accepts Beach Energy’s plan for Trefoil seabed assessment

Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA...

Categories:
  • Regulation & policy
Posted: 5 months ago
Posted: 5 months ago

Shell cuts dividend as profit tumbles on low oil prices

Shell has decided to slash its dividend after seeing its quarterly profit nearly halved when compare...

Categories:
  • Business & Finance
Posted: 5 months ago
Posted: 5 months ago

Equinor bites dust in North Sea well

Norwegian oil and gas company Equinor has drilled a dry well near the Oseberg field in the North Sea...

Categories:
  • Exploration & Production
Posted: 5 months ago
Posted: 5 months ago

Safety nod for Spirit Energy to use Leiv Eiriksson rig in Barents Sea

Oil and gas company Spirit Energy has received consent from the offshore safety body, the Petroleum ...

Categories:
  • Exploration & Production
Posted: 5 months ago
Posted: 5 months ago

Keppel Offshore & Marine profit halved despite higher revenues

Singapore’s offshore rig and vessel builder Keppel Offshore & Marine saw its quarterly pro...

Categories:
  • Business & Finance
Posted: 5 months ago
Posted: 5 months ago

Large E&P player interested in Corallian’s block off UK

UK oil and gas company Corallian and its joint venture partners, Upland Resources and Baron Oil, hav...

Categories:
  • Project & Tenders
Posted: 5 months ago
Posted: 5 months ago

New projects boost CNOOC output but revenues slip on low oil prices

CNOOC saw an increase in its quarterly production driven by new project startups in China and the co...

Categories:
  • Business & Finance
Posted: 5 months ago
Posted: 5 months ago

Floatel gets charter extension on Martin Linge field

Equinor has extended the charter for a Floatel International-owned accommodation rig for operations ...

Categories:
  • Business developments & projects
Posted: 5 months ago
Posted: 6 months ago

UK unions call on gov’t to halt ‘carnage’ of oil & gas jobs

UK’s offshore unions have launched a campaign to protect the jobs in the oil and gas sector an...

Categories:
  • Market outlooks
Posted: 6 months ago
Posted: 6 months ago

IMF loan to aid Gabon’s recovery from oil price crash and coronavirus

The International Monetary Fund (IMF) and the Government of Gabon have reached an agreement for a $1...

Categories:
  • Business & Finance
Posted: 6 months ago
Posted: 6 months ago

Neptune kicks off Fenja drilling campaign

Neptune Energy has kicked off its Fenja drilling campaign, located offshore Norway, following the sp...

Categories:
  • Exploration & Production
Posted: 6 months ago
Posted: 6 months ago

OKEA dives deeper into the red

OKEA sank deeper into the red in the first quarter of the year affected by lower oil and gas prices ...

Categories:
  • Business & Finance
Posted: 6 months ago