U.S. energy firms this week cut oil rigs for an eighth week in a row to the lowest levels since January 2010, data showed on Friday, as energy firms continue to
The number of new exploration wells to be drilled in the British part of the North Sea this year is set to fall to the lowest since the hunt for oil and natural gas began there in the early 1970s,
Drops dividend to handle difficult market outlook, but backlog above forecast.
OSLO, Feb 12 (Reuters) - Norwegian oil engineering firm Aker Solutions said on
Shares plunge to near 20-year lows after issue results.
A plunge in oil prices and little sign of recovery anytime soon have left Italian oil contractor Saipem
Woodside advises that the Thalin-1A exploration well in Block AD-7 in the Rakhine Basin has intersected a gross gas column of approximately 64m. Approximately 62m
The Irish government said on Thursday it had awarded oil and gas licences to companies including oil majors Eni, Exxon and Statoil , allowing them to explore for hydrocarbons off the coast of Ireland.
Trelleborg’s offshore operation in the U.K. has received a certificate for material verification for Uraduct under the American Petroleum Institute’s specification
Britain will offer more flexible North Sea oil and gas licences in its next tender round, the head of Britain's oil regulator said on Thursday, a bid to make exploration
As much as one third of the global offshore fleet of oil drilling rigs could be idled in 2016 as energy firms scale back investments on the back of weak crude prices,
Iran offers crude to Asia at discount to Saudi Arabia.
Oil slid on Thursday, dented by record U.S. crude inventories, worries about the demand outlook and a
Firm to cut 2016 oil production by 20 pct as prices slide.
Glencore has taken another step to reduce its debt by selling $500 million of future precious metals output,
Neptune has been awarded an air diving services contract by Technip Oceania Pty Ltd (“Technip”) for the Kitan disconnection project.
The project is offshore
San Donato Milanese (Milan), February 10, 2016 – Saipem S.p.A., informs that today Moody’s, through the publication of a press release on its website [www.moodys.
SBM Offshore, the world's top oil production ship leasing company, said on Wednesday that U.S. authorities had re-opened an inquiry into bribery allegations involving the Dutch company.
Golar LNG Limited has entered into a purchase agreement to sell the Golar Tundra, a floating storage and regasification unit (FSRU), to Golar LNG Partners LP for a sale price of $330 million.
Seanamic Group, is expanding its global umbilicals business with a new Umbilical International facility in Glasgow. Initially it will offer umbilical repair and
HARKAND has completed an inspection, repair and maintenance (IRM) campaign for BP Trinidad and Tobago (BPTT) utilizing the Harkand Da Vinci diving support vessel
Parker Bestobell Marine has recently completed a contract to supply cryogenic Globe and Check valves made in Sheffield, for Hoegh LNG’s series of five FSRUs (Floating
German engineering group Siemens and Spanish renewable energy group Gamesa are in final negotiations on a deal to merge their wind power assets, two sources familiar
Writedown pushes company into red in fourth quarter; 2016 profit to fall short of previous year.
Denmark's A.P. Moller-Maersk tumbled to a loss of $2.5 billion