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Saipem Secures Onshore Services Deals Worth Around $1B
Friday, November 17, 2017 Saipem wins new contracts in Saudi Arabia and Mexico, and additional works of existing contracts in Saudi Arabia and Kazakhstan.

Siemens to Cut Almost 7,000 Jobs Worldwide
Friday, November 17, 2017 Siemens AG will cut around 6,900 jobs worldwide in its Power and Gas Division (PG), Power Generation Services Division (PS) and Process Industries and Drives Division (PD).

Guyana-Suriname Basin Emerges as a Hotbed of Oil, Gas Exploration
Friday, November 17, 2017 Oil exploration in the Guyana-Suriname basin has stepped up following ExxonMobil's major discovery there.

'Strong Opportunities' Available for Innovative Engineering Firms
Friday, November 17, 2017 There are still 'strong opportunities' available for engineering firms in the offshore oil and gas sector with the capacity to deliver fast, innovative projects.

Petrobras Seals $1B Financing From Banks, Repays $500MM Debt
Friday, November 17, 2017 Brazilian state-controlled oil company Petroleo Brasileiro secures $1B in financing from a banking syndicate headed by Standard Chartered PLC.

Q&A with Sudhir Pai, Schlumberger Robotics Services' Managing Director
Friday, November 17, 2017 Schlumberger's Sudhir Pai talks robotics, the downturn and more with Rigzone.

Indian State Oil Firms Betting On Natural Gas As Next Big Thing
Friday, November 17, 2017 India's state oil refiners are planning an aggressive push into natural gas in coming years to meet Prime Minister Narendra Modi's goal of making the fuel a bigger part of the country's energy mix.

NPD Grants Consent for Production Start Up of Maria Field
Friday, November 17, 2017 The Norwegian Petroleum Directorate (NPD) grants consent for the start-up of production from the Maria field in the Norwegian Sea.

German Gas Supplier VNG In Talks To Sell Norwegian Energy Business -Sources
Friday, November 17, 2017 German gas supplier VNG is in talks to sell a majority stake in its Norwegian Norge oil and gas business, which could fetch up to $500 million, 3 banking sources say.

Norway's Oil Sell-Off Plan Is 'Shot Heard Around the World'
Friday, November 17, 2017 Norway's proposal to sell off $35B in oil and natural gas stocks brings sudden and unparalleled heft to a once-grassroots movement to enlist investors in the fight against climate change.

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Oil Market Conditions 'Continue to Improve'
Wednesday, November 15, 2017 Fundamental conditions in the oil market are continuing to improve, that is the key takeaway of research note sent to Rigzone recently by investment banking firm Jefferies.

Saipem Secures Onshore Services Deals Worth Around $1B
Friday, November 17, 2017 Saipem wins new contracts in Saudi Arabia and Mexico, and additional works of existing contracts in Saudi Arabia and Kazakhstan.

OPEC Points To Larger 2018 Oil Supply Deficit As Market Tightens
Monday, November 13, 2017 OPEC raises its forecast for demand for its oil in 2018 and says its deal with other producers to cut output was reducing excess oil in storage.

IEA: 'Too Early to Write Obituary of Oil'
Tuesday, November 14, 2017 The world's consumers are not yet ready to say goodbye to the era of oil.

Gadfly: What the Saudi Arrests Mean for the Kingdom's Oil Policy
Monday, November 13, 2017 Crown Prince Mohammed bin Salman's recent decision simultaneously boosted the oil price and undermined the attractiveness of Aramco.

Shell to Divest Interest in Woodside Petroleum
Monday, November 13, 2017 Royal Dutch Shell plc will sell its stake in Woodside Petroleum Limited.

New Aberdeen Oilfield Services Company Wins First Contract
Thursday, November 16, 2017 Aberdeen headquartered energy services firm Well-Safe Solutions has landed its first contract after launching in July.

Oil Steady Near Two-Year Highs, US Supply Increase Caps Rise
Monday, November 13, 2017 Oil prices held steady in a tight range Monday after briefly testing lower.

Oil Seen As Real Prize of Iran's Kurdish Adventure
Tuesday, November 14, 2017 After helping Iraq stifle a Kurdish push for independence, Iran is now positioning itself to take control of oil exports from the region's giant Kirkuk field.

Aberdeenshire Oilfield Services Firm Plans to Bolster Workforce
Monday, November 13, 2017 Aberdeenshire oilfield services firm reveals plans for expansion amid its 40 year anniversary celebrations.

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Training the Next Generation of Crane and Rigging Pros
Thursday, November 09, 2017 EPC firms, others team up to develop pioneering rigging engineering program.

Oil Prices Rise On Supply Cuts And Political Tensions In Saudi Arabia
Thursday, November 09, 2017 Oil prices rose nearly 1%, supported by supply cuts by major exporters as well as continuing concern about political developments in Saudi Arabia.

New Aberdeen Oilfield Services Group to Create Over 100 Jobs
Monday, November 06, 2017 FOS Group, a new oilfield services company launched Monday in Aberdeen, is looking to create over 100 new jobs.

Oil Market Conditions 'Continue to Improve'
Wednesday, November 15, 2017 Fundamental conditions in the oil market are continuing to improve, that is the key takeaway of research note sent to Rigzone recently by investment banking firm Jefferies.

Oil And Gas Industry Future Looks 'Attractive'
Friday, November 10, 2017 After two years of declining prices and reduced employment, the oil and gas industry in Texas and across the nation appears to be making a comeback.

Saipem Secures Onshore Services Deals Worth Around $1B
Friday, November 17, 2017 Saipem wins new contracts in Saudi Arabia and Mexico, and additional works of existing contracts in Saudi Arabia and Kazakhstan.

New Life for the North Sea
Tuesday, November 07, 2017 The North Sea is seeing a renaissance of activity and investment.

OPEC Points To Larger 2018 Oil Supply Deficit As Market Tightens
Monday, November 13, 2017 OPEC raises its forecast for demand for its oil in 2018 and says its deal with other producers to cut output was reducing excess oil in storage.

OPEC Fightback Sees US Stocks Crumble
Tuesday, November 07, 2017 OPEC's finally getting some credibility back behind its swagger, ahead of the oil group's meeting later this month in Vienna.

IEA: 'Too Early to Write Obituary of Oil'
Tuesday, November 14, 2017 The world's consumers are not yet ready to say goodbye to the era of oil.

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Training the Next Generation of Crane and Rigging Pros
Thursday, November 09, 2017 EPC firms, others team up to develop pioneering rigging engineering program.

Oil Prices Rise On Supply Cuts And Political Tensions In Saudi Arabia
Thursday, November 09, 2017 Oil prices rose nearly 1%, supported by supply cuts by major exporters as well as continuing concern about political developments in Saudi Arabia.

Saudis Lead Gulf Nations in Cutting Break-Even Oil Price
Tuesday, October 31, 2017 Saudi Arabia is also a leader when it comes to slashing the crude price the country needs to balance its budget.

Top Oilfield Services Firms Signal Fourth-Quarter Uncertainty
Friday, October 20, 2017 The world's top two oilfield service firms warned of a slowdown in North America and a challenging year ahead.

New Aberdeen Oilfield Services Group to Create Over 100 Jobs
Monday, November 06, 2017 FOS Group, a new oilfield services company launched Monday in Aberdeen, is looking to create over 100 new jobs.

Why Oil-Rich Gulf Arab Countries Are Turning to Renewables
Thursday, October 26, 2017 Solar power is getting so cheap that even Gulf Arab states awash in crude oil are embracing the renewable resource.

Oil Market Conditions 'Continue to Improve'
Wednesday, November 15, 2017 Fundamental conditions in the oil market are continuing to improve, that is the key takeaway of research note sent to Rigzone recently by investment banking firm Jefferies.

Oil And Gas Industry Future Looks 'Attractive'
Friday, November 10, 2017 After two years of declining prices and reduced employment, the oil and gas industry in Texas and across the nation appears to be making a comeback.

Big Oil Set to Make Facebook-Level Cash Even With $50 Crude
Wednesday, October 25, 2017 Crude may still be languishing near $50, but Big Oil is on track to rejoin the world's corporate elite by squeezing more cash from each barrel.

New Contracts Drive Diamond Offshore's Profit Beat; Shares Rise
Monday, October 30, 2017 Diamond Offshore reports a higher-than-expected quarterly profit after securing more contracts for its deep-water drilling rigs at better rates.

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