Neptune Energy has kicked off its Fenja drilling campaign, located offshore Norway, following the spud of the first well.
OKEA sank deeper into the red in the first quarter of the year affected by lower oil and gas prices and sales volumes resulting in impairments of over $60 million.
BP reported a significant decline in its quarterly profit due to lower prices and the destruction of oil demand by the coronavirus crisis.
Due to the coronavirus pandemic, Hurricane Energy has received an extension of a deadline to plug and abandon the Lincoln Crestal well off the UK, which will allow it to gather more data and further insight into the reservoir behaviour.
Dolphin Drilling will carry out a programme of North Sea drilling work for Wellesley Petroleum.
The tanker market has never been so strong, according to Herbjørn Hansson Chairman & CEO of Nordic American Tankers (NAT). The company, which owns and operates Suezmax tankers, is cashing in on the market bonanza and unprecedented demand for floating storage. Namely, big oil companies the likes of E
The last two modules for Equinor’s Johan Castberg FPSO turret mooring system have sailed away from Dubai to Singapore.
Affected by coronavirus costs and provisions, Kvaerner sank to a loss in the first quarter of the year compared to a profit in the year-before quarter.
The UK’s oil and gas industry regulator, Oil and Gas Authority (OGA), has named two new non-executive directors to its board of directors.
Eni booked a net loss of over $3 billion in the first quarter of the year due to the overlapping effects of the coronavirus pandemic and the oil price collapse.
Oil and gas company Perenco has submitted its draft decommissioning programs for four Amethyst gas field topsides to the UK authorities.
Eidesvik Offshore and Seabed Geosolutions have agreed to amend the contract for the node-handling vessel Subsea Viking, putting it on standby.
i3 Energy is in talks with its noteholders to waive its previously agreed condition, requiring it to enter into a lending facility or find alternative means to fund its Liberator development by the end of April.
Long-time chairman of Russian oil and gas company Lukoil and “founding father” of the Soviet oil industry has passed away following a long illness.
