French oil and gas giant Total will stop all operations on the development of the South Pars Phase 11
JDR Cable Systems has been awarded a contract by McDermott for the Safaniya offshore project in the Persian Gulf.
Where next for jack-up rates?
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Noble Corporation has been awarded new drilling contracts in the North Sea and Middle East region for two of its jack-up rigs.
Energy intelligence group Westwood feels that now is the best time to explore for oil and gas in the last decade.
Floating production specialist SBM Offshore has that the construction of the turret mooring system for Statoil’s Johan Castberg development in the Barents Sea is progressing well.
UK-based oil and gas company Serica Energy is evaluating the implications of the reimposed U.S. sanctions towards Iran on the Rhum gas field in the UK North Sea.
With a clear strategy and commitment to execution, Northern Drilling is shrewdly maneuvering through the distressed offshore rig world.
U.S. president Donald Trump on Tuesday terminated the U.S. participation in the Iran nuclear agreement devised in 2015 to curb Iran’s nuclear weapons development capacity, labeling it “one of the worst and most one-sided transactions the United States has ever entered into.”
The international offshore rig count was up by 6 rigs sequentially but down by 7 year-over-year, according to April 2018 rig count reports released by Baker Hughes, a GE company, on Monday. Baker Hughes’ international rig count includes land and offshore rigs from Latin America, Europe, Africa, Midd
Offshore energy-related activity is expected to grow and will require trillions of dollars of investments through 2040.
Qatar Petroleum has awarded a detailed design contract for the offshore jackets for the new North Field Expansion Project to McDermott.
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