Oil & Gas News

BP Deck Operations Contract a First for Sparrows Group in UKCS
24.08.2019
10
BP Deck Operations Contract a First for Sparrows Group in UKCS
Sparrows Group has announced the award of its first contract to deliver deck operations services in…
Petrofac Secures Three-Year Contract From INEOS FPS
24.08.2019
10
Petrofac Secures Three-Year Contract From INEOS FPS
Under the terms of the agreement, Petrofac will provide personnel to the Unity Platform in the Centr…
DOF Lands Two AHTS Contracts from COSL
24.08.2019
11
DOF Lands Two AHTS Contracts from COSL
DOF has been awarded two AHTS contracts to support drilling operations in New Zealand. Skandi Emeral…
Seadrill Posts £170M 2Q Loss. Long-term Work Dayrates Improving
24.08.2019
17
Seadrill Posts £170M 2Q Loss. Long-term Work Dayrates Improving
 Offshore drilling contractor Seadrill posted a net loss of $206 million in the second quarter…
Shell's Partners 'Makani' Successfully Test New Energy Kite in North Sea
24.08.2019
17
Shell's Partners 'Makani' Successfully Test New Energy Kite in North Sea
Makani an independent company within Alphabet, develops airborne wind turbines with the support of G…
Maersk Drilling Expects Further Rise in Demand for Hi-Spec Jack-Ups
24.08.2019
82
Maersk Drilling Expects Further Rise in Demand for Hi-Spec Jack-Ups
Maersk Drilling expects to see a further rise in demand for hi-spec jack-ups, with floater market ex…
Aramco valuation still under scrutiny
08.08.2019
273
Aramco valuation still under scrutiny
The Saudi Crown Prince Mohammed Bin Salman is still holding fast to the notion that Saudi Arabia&rsq…
Oil prices could crash by $30 if China buys Iranian crude: BofA
06.08.2019
909
Oil prices could crash by $30 if China buys Iranian crude: BofA
Crude oil prices could sink by as much as $30 a barrel if China decides to buy Iranian crude oil in…
ConocoPhillips Awarded Wildcat Permit Offshore Norway
03.08.2019
232
ConocoPhillips Awarded Wildcat Permit Offshore Norway
The Norwegian Petroleum Directorate has granted ConocoPhillips Skandinavia AS a wildcat drilling per…
Shell Sells its Caesar-Tonga Asset in the GOM for $965 million
03.08.2019
114
Shell Sells its Caesar-Tonga Asset in the GOM for $965 million
Shell has sold its non-operated interest (22.45%) in the Caesar-Tonga asset, U.S. Gulf of Mexico, to…
BP Avoids Sending its Tankers Through the Strait of Hormuz
03.08.2019
177
BP Avoids Sending its Tankers Through the Strait of Hormuz
BP, the British oil giant that had to shelter one of its tankers in the Persian Gulf this month in f…
Libya’s oil industry turns to China for help
26.07.2019
166
Libya’s oil industry turns to China for help
Libya NOC representatives traveled to China today to discuss China’s interest in helping to re…