Fugro has been contracted by Cefas, the scientific advisor to the Marine Management Organization, to undertake a review of post-consent monitoring at 19 U.K. offshore
A former 20-year veteran of BP plc who oversaw the company's cleanup efforts from the Deepwater Horizon oil spill will pay more than $224,000 to settle civil charges
Long acknowledged as a firm to watch in U.S. crewboat and fast supply boat innovation, Seacor Marine will be attracting industry attention once again when its latest
Kazakhstan's oil and gas minister said on Thursday he was disappointed over the slow development of the giant Kashagan oilfield, but he saw no legal reasons to
Goldman says commodity revenue significantly higher; Morgan Stanley says "strong performance" bolstered FICC. Both banks may be benefiting from rivals scaling back.
Combined production of crude oil, gas and condensates in the United States is on course to a hit a record this year, passing the previous peak set in 1972.
Schlumberger Ltd, the world's largest oilfield services company, reported nearly 33 percent rise in quarterly profit from continued operations.
Net income from continuing operations rose to $1.
Baker Hughes Inc, the world's third-largest oilfield services company, posted a 23 percent jump in quarterly profit, helped by improved margins at its North American operations.
POSH prices IPO at S$1.15 per share, near bottom of indicative range. POSH focuses on service to production, maintenance and is keen on growing offshore accommodation business.
Forties trades at parity with dated Brent; Competing Libyan barrels returning to market. Refining margins under pressure as capacity ramps up.
North Sea Forties
Anglo-Dutch oil and gas major Shell announced on Thursday it had found gas in a new drilling area off Malaysia.
It found more than 450 metres of gas column at
Maersk Drilling advises that its second new drillship, 'Maersk Valiant', has been delivered from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South-Korea.
PACC Offshore Services Holdings (POSH) could raise at least S$388.27 million ($311 million) after pricing its initial public offering near the bottom of the pricing range indicated earlier,
Noble Corp., a leading offshore driller, reported first-quarter net income on Wednesday of $0.99 a share, higher than consensus forecasts, as new rigs helped lift revenues.
“Life-of-Field” will be the theme of Fugro’s technical presentations during the upcoming Offshore Technology Conference, May 5-8 in Houston.
A variety of timely
The Keppel Corporation released its limited unaudited results for the first quarter ending March31, 2014, reporting a 5% decrease in net profits to S$339 million compared to Q1 2013's S$357 million,
The U.S. Energy Department on Wednesday unveiled a plan for up to $4 billion in loan aid for renewable energy companies to help rejuvenate a program that faced
Brent crude rose close to $110 a barrel on Wednesday due to mounting tensions in Ukraine, while prices for U.S. oil fell after a report showed a huge build in stockpiles
North Sea Forties crude differentials were unchanged on Wednesday in very quiet pre-Easter trade, with dealers still watching two potential VLCC shipments to Asia
EDF said it had opened its West Burton combined cycle gas turbine power station and its Teesside offshore wind farm in Britain on Wednesday.
The West Burton