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Transocean-Murphy Deepwater Rig Cancellation Highlights Deepwater Cutbacks
Monday, February 08, 2016 Deepwater contracts drying up as Murphy, other E&Ps, opt out of expensive offshore drilling.

Baker Hughes: US Oil Drillers Deepen Cuts in 7th Week of Declines
Friday, February 05, 2016 US energy firms cut oil rigs for a seventh week in a row to the lowest levels since March 2010, data shows.

HHI to Work with DHIC, CCEI on Localization of Offshore Plant Equipment
Thursday, February 04, 2016 South Korea's Hyundai Heavy Industries plans to collaborate with Doosan Heavy Industries & Construction and Center for Creative Economy & Innovation on the localization of main equipment for offshore plants.

Aberdeen University Gets OGIC Funding for Rock Mechanics Kit
Thursday, February 04, 2016 Funding from Scotland's Oil and Gas Innovation Centre secures $735,000 of rock mechanics equipment for Aberdeen University.

Russia's Sakhalin-2 LNG Plant Expects Maintenance Works to Last until March
Thursday, February 04, 2016 Russia's sole liquefied natural gas plant Sakhalin-2 expects maintenance works to last until March.

National Oilwell Posts 4th-Qtr Loss on $1.63B Charge
Wednesday, February 03, 2016 US oilfield equipment supplier National Oilwell Varco reports a loss for the fourth quarter of 2015.

Fault at Russia's Sakhalin-2 LNG Plant Cuts Output
Monday, February 01, 2016 Russia's Sakhalin-2 LNG plant cuts production due to a technical glitch.

Trelleborg Clinches FPSO Egina Contract
Thursday, January 28, 2016 Trelleborg clinches contract for the Egina floating production, storage and offloading vessel.

Plexus Signs Drilling Services Agreement with Gusar, Konar
Tuesday, January 26, 2016 Plexus Holdings enters into an exclusive license agreement with Gusar and Konar to undertake the rental, manufacture and servicing of Plexus' jackup drilling wellhead exploration equipment.

Australia's Subsea Engineering Associates Bags Baltic Gas Project Contract
Tuesday, January 26, 2016 Australia's Subsea Engineering Associates bags a design, procurement and construction management contract for the Baltic Gas Project offshore Poland.

Statoil Enlists Aker for Johan Castberg FPSO Concept Study
Tuesday, January 26, 2016 Aker Solutions is enlisted by Statoil to provide a concept study for a floating production, storage and offloading facility for the Johan Castberg oil field development in the Barents Sea.

New Zealand's Tui Project JV Extends Contract for FPSO Umuroa to 4Q 2017
Monday, January 25, 2016 Australia's AWE and partners in offshore New Zealand's Tui oil development extend the contract for BW Offshore's FPSO Umuroa by a year to the fourth quarter of 2017.

Cosco Guangdong Delivers Newbuild PSV 'Vos Partner' to European Buyer
Friday, January 22, 2016 Chinese shipyard Cosco Guangdong delivers a newbuild platform supply vessel "Vos Partner" to a European buyer.

BW Athena FPSO to Demobilize from UKCS in February
Friday, January 22, 2016 BW Offshore comes to an agreement with Ithaca Energy to demobilize the FPSO BW Athena in February 2016.

North Sea Production Solutions for a Low Oil Price Era
Friday, January 22, 2016 Rigzone takes a look at a handful of engineering solutions designed to make marginal fields economic in a low oil price era.

Baker Hughes: US Oil Drillers Cut Rigs For Ninth Week In Ten
Friday, January 22, 2016 US energy firms this week cut oil rigs for a ninth week in the last ten, data shows.

Despite Oil Glut, Tullow Launches Huge New Deepwater Production Vessel
Thursday, January 21, 2016 Tullow Oil plans to send one of the world's biggest floating deepwater oil production platforms to West Africa to pump crude for at least 20 years.

Noble Plans to Stack GOM Rig; Lay Off 100-120 Workers
Wednesday, January 20, 2016 Noble plans to stack its Noble Danny Adkins rig in the Gulf of Mexico, which will result in 100-120 layoffs.

Sembcorp Marine Delivers Accommodation Semisub Safe Zephyrus to Prosafe
Tuesday, January 19, 2016 Sembcorp Marine delivers the accommodation semisubmersible vessel Safe Zephyrus to Prosafe.

Baker Hughes: US Oil Drillers Cut Rigs To Lowest In Nearly 6 Years
Friday, January 15, 2016 US energy firms this week continued to cut the number of rigs drilling for oil to the lowest in nearly six years, data shows.

Valmec Secures Gas Compressor Contract for Vector Gas' Auckland Project
Thursday, January 14, 2016 Australia's Valmec secures a contract from Vector Gas to supply two gas compressor packages for the latter's project in Auckland, New Zealand.

Ezion to Jointly Market 2 Service Rigs Being Built by a Chinese SOE
Wednesday, January 13, 2016 Singapore's Ezion Holdings agrees to jointly market and assist in the operations of two service rigs being built by a Chinese state-owned enterprise, with options to purchase.

Australia's Programmed to Sell Vessels to Bhagwan Marine Services for $18M
Friday, January 08, 2016 Australia's Programmed Maintenance Services enters into an agreement to sell all except one of its vessels to Bhagwan Marine Services for $17.6 million.

Statoil Signs New Agreements with Aker, OneSubsea
Friday, January 08, 2016 Statoil signs master service agreements with Aker Solutions and OneSubsea Processing, which form the basis for potential new EPC contracts for subsea equipment in the medium-term future.

Baker Hughes: US Oil Drillers Cut Rigs For A 5th Week In 6
Wednesday, December 23, 2015 US energy firms this week cut oil rigs for a fifth week in the last six, data showed, a sign drillers were still waiting for higher prices before returning to the well pad.

Baker Hughes: US Oil Drillers Add Rigs For First Week In Five
Friday, December 18, 2015 US energy firms this week added oil rigs for the first time in the last five weeks, data showed, despite continued weak crude prices.


 
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