Oil explorers drilling in the waters north of the Falkland Islands have suspended work on the second well of their 2015 current six-well drilling campaign after a technical problem.
Brazil's state-run oil company Petroleo Brasileiro SA avoided an imminent credit downgrade by publishing corruption-delayed financial statements but could still
Four Petrobras oil platforms off the northeast coast of Brazil have halted production after a leak of about 7,000 liters of oil was detected coming from a pipeline linking them,
Gazprom Neft, the oil arm of Russia's top natural gas producer Gazprom, plans to more than double oil output this year at the Prirazlomnoye field, Russia's sole Arctic offshore oil project,
Norwegian natural gas shipping firm Hoegh LNG plans to deliver a floating storage and regasification unit (FSRU) to Meridian LNG's planned British import terminal,
The start-up of Norway's giant Johan Sverdrup oil field may be delayed by six months to mid-2020 from the original schedule of launching production in December 2019,
Singapore Technologies Engineering Ltd (ST Engineering) today announced the retirement of Mr Quek Poh Huat as non-executive Director of the Company at its Annual General Meeting on 23 April 2015.
SEACOR Holdings Inc.today announced its results for its first quarter ended March 31, 2015, wherein the company experienced losses during this period. The net
Last month Maritime Reporter spent some time with Vivek Seth, CEO, of Qatar-based Halul Offshore Services Company, for his insights on the impact of low oil prices in the Middle East and beyond.
Strategic Marine delivered a world’s first to European windfarm service sector operator, Njord Offshore. This vessel builds on the success of the first eight 21m
They can come in all shapes and sizes, silently shuttled along by the currents. The larger versions are white, glistening and beautiful and a potential disaster waiting to happen.
Philippine Vice President Jejomar Binay, considered a front-runner for the presidency in 2016, said on Thursday he would welcome a joint venture with China to explore
Oil producer Royal Dutch Shell will lay off 120 of its 900 workers in Norway and reduce its contractor force by 140 from 350, as low oil prices force it to cut costs, it said on Thursday.
Brazilian corporate bonds were on a tear Thursday morning after oil company Petrobras avoided a covenant breach with the release of its long-awaited audited results for 2014.
Pronomar has delivered four mobile drying carts to DONG Energy for the on-shore drying of helicopter suits at Emden Airport in Germany, a project for which it has
InterMoor Inc., an Acteon company and part of its foundations and moorings business, finished replacing critical components in an FPU mooring system offshore Equatorial Guinea on schedule,
Global energy recruiter Worldwide Recruitment Solutions (WRS) has launched its Asia hub Singapore office. Based on the 36th floor of the UOB building in the heart of the central business district,
Newcomer to the UKCS, Hungary-based MOL Group is set to discuss its entry into the North Sea market at a Society of Petroleum Engineers (SPE) Aberdeen event on May 6, 2015.
European Union regulators gave the green light on Thursday to a Portuguese ocean energy technology scheme aimed at boosting the bloc's renewable energy goals, saying
Saudi-led coalition resumes Yemen bombing; U.S. crude stocks rose more than expected last week.
Oil prices steadied on Thursday as another steep rise in U.S.