Results36 articles shown
Baker Hughes: US Oil Drillers Add Rigs For The Sixth Week In A Row
Friday, August 28, 2015 US energy firms added one oil rig this week, the sixth consecutive week of increases even as US oil prices flirt with 6-1/2-year lows.
CIMC Raffles to Deliver AGOSTO-12 to Coastal Contracts Ahead of Pemex Job
Wednesday, August 26, 2015 CIMC Raffles will deliver AGOSTO-12 jackup gas compression service unit to Malaysia's Coastal Contracts Friday ahead of a long-term charter with Pemex at the Cantarell oil field in the Gulf of Mexico.
DSME Delivers Songa Endurance Semisub
Monday, August 24, 2015 Daewoo Shipbuilding & Marine Engineering delivers Songa Endurance semisub to Songa Offshore, with the newbuild to head for Norway's Troll field soon to commence a contract with Statoil.
Prosafe SE: Robust Short-Term Outlook, Optimistic About Long-Term
Friday, August 21, 2015 Prosafe SE offers a "robust" short-term outlook and is optimistic about long-term market conditions.
Otto Marine's Newbuild Work Maintenance Vessel Prepares for SEA Charter
Friday, August 21, 2015 Otto Marine accepts delivery of a work maintenance vessel that was built in China, with the newbuild to commence a charter in Southeast Asia soon.
Pressure Mounts to Retire Older Fleet as Rig Oversupply Persists
Friday, August 21, 2015 More old rigs may head for the scrapyard as oversupply persists, thanks to relatively weak drilling demand and addition of newbuilds to the global fleet.
Cosco Guangdong Delivers Newbuild PSV 'Vos Paradise' to European Buyer
Tuesday, August 18, 2015 Cosco Guangdong delivers a newbuild platform supply vessel to a European buyer.
Mariner A Steel Jacket On its Way to the North Sea
Tuesday, August 11, 2015 Statoil reports that the steel jacket for its Mariner A platform in the UK North Sea is now en route to the Mariner field in the UK North Sea.
Israel's Natural Gas Plan Wins Central Bank Chief's Backing
Monday, August 10, 2015 Bank of Israel governor backs a government plan to develop the country's natural gas industry.
Baker Hughes: US Oil Drillers Add Rigs Despite Crude Prices Collapse
Friday, August 07, 2015 US energy firms add six oil rigs this week, continuing a recent trend of increases.
SBM Offshore First-Half Beats Forecasts, To Double Annual Savings
Wednesday, August 05, 2015 SBM Offshore reports better than expected first-half profit after slashing costs and said it would double annual savings at a time of low oil prices.
Rig Trends: UK Rig Market Feeling the Effects of the Downturn
Wednesday, August 05, 2015 With 22% of the UK rig fleet (10 rigs) already idle, that number is likely to grow over the remainder of 2015 and into 2016.
Deep-Sea Plan Fails, Leaving Korean Shipyards Struggling
Monday, July 27, 2015 The deep-ocean strategy is coming back to bite South Korean shipyards.
Vissim Secures Marine Radar System Contract for Johan Sverdrup Facility
Friday, July 24, 2015 Vissim secures a contract to supply, install and commission a marine radar system for the Statoil operated Johan Sverdrup facility.
Aggreko Issues Profit Warning Due to Oil, Gas Slowdown
Friday, July 24, 2015 UK temporary power firm Aggreko sees lower profit for this year due to a slowdown in the oil and gas market.
Baker Hughes: U.S. Oil Drillers Add Rigs Despite Crude Price Collapse
Friday, July 24, 2015 U.S. oil producers add 21 oil rigs in the past week, the most in over a year, suggesting that drillers were moving more aggressively than expected, just before crude prices' latest dive down.
Keppel Inks $684M Floating Liquefaction Facility Conversion Deal with Golar
Wednesday, July 22, 2015 Keppel Shipyard inks a $684 million floating liquefaction facility conversion contract with Golar LNG's unit.
Asia Yards Look to Liftboat Orders for Lifeline Through Drilling Downturn
Monday, July 20, 2015 Asia shipyards are filling the void in drilling orders by turning to the construction of liftboats.
SINOPACIFIC Bags Contract to Build 9 AHTS Vessels for ADNOC
Monday, July 20, 2015 China's SINOPACIFIC bags contract to build nine anchor handling tug supply vessels for delivery to ADNOC in 2017.
Vallianz Inks $458M Contracts to Extend OSV Charters for ME Customer
Monday, July 20, 2015 Singapore's Vallianz inks contracts, worth $458 million, to extend charters for 19 offshore support vessels with an existing customer in the Middle East.
Baker Hughes: U.S. Oil Drillers Cut Rigs As Crude Prices Collapse
Friday, July 17, 2015 U.S. energy firms cut seven oil rigs this week after adding rigs for the last two weeks as U.S. crude prices fell nearly 15 percent this month in the biggest slump since December.
Roxi Tackles Stuck Pipe Issue with Side Track
Wednesday, July 15, 2015 Roxi Petroleum says issues with pipes supplied to it for the drilling of Deep Well A5 provide it with an opportunity to deal with a stuck pipe at the bottom of the well.
Malaysia's Icon Offshore Secures $14M Charters for 2 AHTS Vessels
Wednesday, July 15, 2015 Malaysia's Icon Offshore secures $14.47 million contracts to provide two anchor handling tug supply vessels to an oil major.
Keppel FELS Secures $85M Contract to Build Liftboat for Crystal Heights
Tuesday, July 14, 2015 Keppel FELS secures $85 million contract from Crystal Heights to build a high specification liftboat.
Vallianz Clinches $300M Charter for Supply of 2 Self-Elevating Platforms
Monday, July 13, 2015 Vallianz Holdings clinches a $300 million charter from a Middle Eastern national oil company to supply two self-elevating platforms.
Sub-Atlantic Secures Second ROV Deal with AALEA
Thursday, July 09, 2015 Sub-Atlantic wins a second ROV contract with Italian subsea services provider AALEA.
TRIYARDS to Build 2 Liftboats for $175M
Wednesday, July 08, 2015 TRIYARDS gains $175 million new orders for two enhanced BH450 series liftboats.
MacGregor Bags LBC Crane Contracts from Merkers Offshore
Wednesday, July 08, 2015 MacGregor bags contracts to supply Merkers Offshore with four lattice boom cranes for two maintenance liftboats being constructed at Jiangsu Dajin Heavy Industries yard in China.
EMAS Bags $24M Charters for OSVs, Post $5.2M Net Profit for 3Q FY2015
Tuesday, July 07, 2015 EMAS Offshore bags $24 million charters for three offshore support vessels to work in the Gulf of Thailand and West Africa and reported a net profit of $5.2 million net for third quarter 2015 ending May 31.
Drydocks Completes the World's Largest Turret for Shell's Prelude FLNG
Tuesday, July 07, 2015 Drydocks World completes the world's largest turret system for Shell's Prelude floating liquefied natural gas facility.
FPSO Cidade de Itaguai Arrives at Iracema Norte Area in Santos Basin
Monday, July 06, 2015 FPSO Cidade de Itaguai arrives in Iracema Norte area in Santos Basin, offshore Brazil to prepare for oil production in the third quarter of this year.
Cosco Agrees to Defer Delivery of a Semisub Floatel to Axis Offshore
Friday, July 03, 2015 China's Cosco Qidong agrees to defer delivery of a semisubmersible floatel to Axis Offshore to 2016, a year later than planned.
UK's Centrica Extends North Morecambe Gas Field Outage by 6 Hours
Friday, July 03, 2015 Centrica extends the duration of an unplanned outage at its North Morecambe gas field, offshore UK, by six hours.
Rig Trends: Eastern Canada Rig Market Changing
Thursday, July 02, 2015 With operations moving into deeper waters and more harsh environments, the list of suitable rigs for Eastern Canada is shrinking.
Baker Hughes: US Oil Rig Count Rises For First Time Since December
Thursday, July 02, 2015 US oil drilling this week increases for the first time after 29 weeks of declines, data show.
San Leon Signs Morocco Onshore Rig Contract
Thursday, July 02, 2015 San Leon Energy signs a rig contract for the drilling of the El Aaiun-4 well on the Tarfaya license, onshore Morocco.
|Brent Crude Oil :||$50.05/BBL||5.23%|
|Light Crude Oil :||$45.22/BBL||6.25%|
|Natural Gas :||$2.72/MMBtu||3.42%|
|Updated in last 24 hours|