Fossil Energy
Chevron earnings more than double on higher crude prices
Chevron more than doubled its earnings during the second quarter of 2018 compared to the same period last year boosted by higher crude prices.
ExxonMobil sees profit rise in second quarter
U.S. oil major ExxonMobil on Friday posted its second quarter 2018 earnings of $4 billion compared with $3.4 billion a year earlier.
No hydrocarbons sighted following Cliff Head spill, Triangle says
No hydrocarbons sighted in the maritime environment and shoreline following low-level spill at Cliff Head Alpha.
Eni profit soars on higher output
Italian oil company Eni recorded a significant increase in its quarterly profit driven by its Exploration & Production business.
Equinor eyes Bay du Nord deepwater project development
The government of Newfoundland and Labrador and Equinor have entered into a framework agreement to develop the Bay du Nord deepwater project.
SBM Offshore reaches settlement with Petrobras and Brazilian authorities
Dutch FPSO provider SBM Offshore has signed a leniency agreement with the Brazilian authorities and Petrobras following a long-running corruption investigation.
Shelf completes rig deal with Diamond
Shelf Drilling has completed the purchase of the Ocean Scepter jack-up rig from Diamond Offshore.
i3 Energy pushes towards Liberator FDP approval
i3 Energy has raised $2.1 million through a placing of shares to fund a site survey and near-term engineering to enable the approval of the development plan for the Liberator field located in the North Sea.
AHTS Far Statesman to support Eni’s drilling ops off Indonesia
Solstad Farstad has been awarded a new contract for one of its anchor handling tug and supply (AHTS) vessels.
LLOG promotes CFO to CEO role
LLOG Exploration has promoted three long-term employees to key executive management positions.
Jury members announced for Offshore Energy Awards 2018
The third edition of the Offshore Energy Opening Gala Dinner & Awards Show will be taking place on Monday 22 October at the National Maritime Museum in Amsterdam.
Polarcus narrows quarterly loss
Polarcus managed to cut its loss in the second quarter 2018 when compared to the same period last year.
GulfSlope eyes Gulf of Mexico well duo
GulfSlope Energy has the Rowan Ralph Coffman jack-up rig under tow in the Gulf of Mexico to the Vermilion Area, South Addition Block 378 in preparation for its two-well campaign.
Ensco slips deeper into the red
Ensco saw its net loss for the second quarter of the year more than triple as its drilling expenses spiked due to costs associated with 11 Atwood rigs.