Oil major Shell has revealed plans to market its current onshore upstream assets in Egypt's Western Desert to fully concentrate on growing its Egyptian offshore exploration and integrated gas bu...
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U.S. engineering firm McDermott has entered into an agreement with lenders under which the company will have access to up to $1.7 billion of additional financing, including a letter of credit capacity...
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An offshore oil worker has suffered serious injuries aboard Diamond Offshore's Ocean Monarch drilling rig in operating in the Bass Strait Australia, prompting the national offshore safety body N...
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Oilfield service provider Halliburton saw a decrease in its third quarter 2019 profit and revenues when compared to its performance in the same period last year.
Offshore drilling contractor Transocean has delayed the delivery of one of the two ultra-deepwater drillships it has under construction at the Sembcorp Marine's Jurong Shipyard in Singapore.
Shareholders of Australian offshore services provider Neptune Marine Services have approved the sale of key operating subsidiaries to offshore vessel owner MMA Offshore. Neptune shareholders also vote...
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Karoon Energy has signed a marketing agreement with Shell West, a member of the Royal Dutch Shell group, to trade and ship crude oil production from the Baúna field located offshore Brazil.
Seabed Geosolutions, a joint venture between Fugro and CGG, has secured a letter of award to provide a 3D ocean bottom node (OBN) survey offshore Brazil.
Fugro said on Monday that the 410 square ki...
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Jadestone Energy has submitted the field development plan (FDP) for its Nam Du and U Minh gas fields, offshore southwestern Vietnam, to Vietnam Oil and Gas Group (Petrovietnam). The project is expecte...
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Lekoil and Green Energy International have sanctioned Phase Two of the development plan of the Otakikpo field offshore Nigeria, but they are still working to close the project financing.
CNOOC Petroleum Europe Limited, a subsidiary of CNOOC Limited, has confirmed it has shut down its Buzzard field, located in the UK North Sea, for the second time in two weeks due to pipework defect.
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Oilfield services provider Schlumberger slumped to a huge loss in the third quarter of 2019 hit by impairment charges amid difficult market conditions.
In its quarterly report on Friday, Schlumberg...
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Offshore drilling contractor Noble Corporation has secured a contract extension for a drillship in South America and another one for a jack-up rig offshore the UK.
