Results43 articles shown
Baker Hughes: US Oil Drillers Cut Rigs For 12th Week In Last 13
Wednesday, November 25, 2015 US energy firms cut oil rigs for a 12th week in the last 13, data for the holiday-shortened week showed, a sign drillers were still waiting for higher prices before returning to the well pad.
Malaysia's Icon Offshore Receives $12.1M LOA to Supply PSV to KPOC
Wednesday, November 25, 2015 Malaysia's Icon Offshore receives a letter of award, worth $12.1 million, to provide a deepwater platform supply vessel to Kebabangan Petroleum Operating Company.
Songa Offshore Dismisses Claims Submitted by DSME for Songa Equinox Semisub
Wednesday, November 18, 2015 Songa Offshore dismisses claims submitted by Daewoo Shipbuilding & Marine Engineering for the Songa Equinox semisub.
Demand for Oil, Gas Automation Software in Decline
Wednesday, November 18, 2015 Demand for automation software in the upstream oil and gas industry is currently in decline, according to Ali Raza, the vice president and general manager of advanced solutions at Honeywell Process Solutions.
88 Energy Recovers Lost Time at Icewine #1, Encounters Oil Shows
Friday, November 13, 2015 88 Energy announces that "substantial" lost time caused by equipment delays at the Icewine #1 exploration well, onshore Alaska, has already been recovered.
VARD Secures Deal to Design, Build Offshore Vessel from Unnamed Client
Thursday, November 12, 2015 Vard Holdings secures a new contract to design and construct an offshore vessel for an undisclosed international customer.
Australia's MMA Offshore Bags a $35.2M Contract to Supply OSVs to Woodside
Wednesday, November 11, 2015 Australia's MMA Offshore bags a $35.2 million contract to supply three offshore support vessels to Woodside.
Pioneer Natural Resources Says It Will Hold Off On New Rig Additions
Tuesday, November 10, 2015 Pioneer Natural Resources will not add any new oil rigs in 2015 and is mulling the timing of its previously announced 2016 rig expansion program, Chairman and CEO Scott Sheffield says.
BP Suspends Chirag Platform in Azerbaijan for Maintenance
Tuesday, November 10, 2015 BP suspends operations at Chirag, one of its platforms in the Caspian Sea, for planned maintenance.
Baker Hughes: US Oil Drillers Cut Rigs For 10th Week On Low Crude Prices
Friday, November 06, 2015 US energy firms cut oil rigs for a tenth week in a row this week, decreasing the pace of declines from recent weeks, data shows.
ABS Grants AIP for New FPSO Design, Construction Concept
Friday, November 06, 2015 ABS grants AIP to Mitsui for a new FPSO vessel design and construction concept.
Tendeka Bags Deal for SapuraKencana Energy's East Belumut Field
Thursday, November 05, 2015 Tendeka bags a two year deal to supply autonomous inflow control device valves to SapuraKencana Energy for the East Belumut oil field offshore Peninsular Malaysia.
Golar Signs Contract to Supply FSRU for WAGL's Ghana LNG Imports
Thursday, November 05, 2015 Golar LNG signs contract to supply West African Gas Limited with a floating storage and regasification unit to support its liquefied natural gas import operations in Ghana.
Farstad Clinches 3 Year Deal from Subtec for Subsea Vessel to Work in GOM
Thursday, November 05, 2015 Farstad Shipping clinches a three year contract from Subtec for subsea vessel CSV Far Sentinel to work in the Gulf of Mexico.
Douglas-Westwood Estimates $68B Investment in FPS Units in 2015-2019
Wednesday, November 04, 2015 Douglas-Westwood estimates that $68 billion will be spent on floating production systems between 2015 and 2019, up 49% from 2014 to 2019.
Sevan Drilling Exercises Option to Defer Delivery of Sevan Developer
Tuesday, November 03, 2015 Sevan Drilling exercises option with Cosco Qidong to defer delivery of the Sevan Developer semisub by six months to mid-April 2016.
Statoil Cancels Songa Trym Contract Prematurely
Monday, November 02, 2015 Statoil cancels its Songa Trym contract four months before the March 4, 2016 expiration date.
Baker Hughes: US Oil Drillers Cut Rigs For 9th Week On Low Crude Prices
Friday, October 30, 2015 US energy firms cut oil rigs for a ninth week in a row this week, the longest losing streak since June, data shows.
Keppel FELS Delivers Arabdrill 70 Jackup to Arabian Drilling Company
Wednesday, October 28, 2015 Keppel FELS delivers Arabdrill 70 jackup to Arabian Drilling Company.
Fred Olsen Energy's Unit Terminates Contract with HHI for Newbuild Semisub
Wednesday, October 28, 2015 Fred Olsen Energy’s subsidiary Bollsta Dolphin terminates a construction contract for a newbuild semisub with Hyundai Heavy Industries.
Petrofac Celebrates Sail-Away of First Modules to ZADCO's Upper Zakum Field
Tuesday, October 27, 2015 Petrofac celebrates the successful sail-away of the first two modules for ZADCO's Upper Zakum development offshore Abu Dhabi, United Arab Emirates.
GE to Invest Part of a $1B Investment in Indonesia in the Oil, Gas Sector
Tuesday, October 27, 2015 GE to allocate part of a $1 billion investment in Indonesia in the oil and gas sector.
Technip Wins Libra Field Pipe Contract
Tuesday, October 27, 2015 French oilfield services firm Technip wins 'a substantial contract' to supply flexible pipes to the Libra giant field development offshore Brazil.
Cosco Nantong Agrees to Defer Delivery of FPSO to European Owner to 1Q 2017
Monday, October 26, 2015 Cosco Nantong agrees to the request from a European company to defer delivery of a floating production, storage and offloading vessel to the first quarter of 2017.
Icon Offshore Bags Contract to Supply 2 AHTS Vessels to ExxonMobil
Monday, October 26, 2015 Malaysia’s Icon Offshore bags contract from ExxonMobil to supply two anchor handling tug supply vessels.
Transocean Delays Deliveries Of Two New Drillships
Monday, October 26, 2015 Transocean agrees with customer Shell EP Wells Equipment Wells Services BV and shipyard Daewoo Shipbuilding & Marine Engineering Co to delay contracts of two new ultra-deepwater drillships by 12 months.
Baker Hughes: US Oil Drillers Slow Pace Of Rig Cuts
Friday, October 23, 2015 US energy firms reduced oil rigs for an eighth week in a row this week but slowed the rate of those cuts to just one rig, data showed.
Singapore's EMS to Supply MEP for Rigs to Asia-Based Shipyard for $570M
Friday, October 23, 2015 Singapore's EMS Group inks letter of intent to supply six sets of major equipment package for rigs to an Asia-based shipyard for $570 million.
Technip Bags Subsea Contract for Layang Field Off Sarawak from JX Nippon
Thursday, October 22, 2015 Technip bags a subsea contract for the Layang field offshore Sarawak, Malaysia from JX Nippon.
Baker Hughes: US Oil Drillers Cut Rigs For 7th Week
Friday, October 16, 2015 US energy companies cut oil rigs this week for a seventh week in a row, the longest streak of reductions since June, data shows.
Baker Hughes: US Oil Drillers Cut Rigs For 6th Week On Weak Crude Prices
Friday, October 09, 2015 US energy firms cut oil rigs for a sixth week in a row this week, the longest streak of weekly declines since June, data showed, a sign low prices continued to keep drillers away from the well pad.
Wood Group Wins Bechtel Contract to Supply Tengiz Project in Kazakhstan
Wednesday, October 07, 2015 Oilfield services firm Wood Group wins a multi-million dollar contract by Bechtel to supply equipment to Tengizchevroil's Crude Storage Capacity Project at the Tengiz Field in Kazakhstan.
MOL, Gas Sayago to Continue with Development of the Uruguay FSRU Project
Tuesday, October 06, 2015 Japan's Mitsui O.S.K. Lines to continue proceeding with the floating storage and regasification unit project led by Uruguay's Gas Sayago.
Perisai, PPL to Defer Delivery of Jackup Perisai Pacific 102 to March 2016
Tuesday, October 06, 2015 Malaysia's Perisai Petroleum Teknologi reaches agreement with Singapore's PPL Shipyard to defer delivery of newbuild jackup Perisai Pacific 102 to March 2016.
RGU Graduates Set up Subsea Technology Business
Monday, October 05, 2015 Two graduates of Robert Gordon University in Aberdeen have set up Impact Subsea – which aims to create a new generation of subsea products.
Perisai Farms-Out Contract for Perisai Pacific 101 Jackup to Hess
Monday, October 05, 2015 Perisai Offshore reaches agreement with PETRONAS Carigali and Hess to farm-out the contract for the Perisai Pacific 101 jackup to the latter for $26.9 million.
Baker Hughes: US Oil Drillers Cut Rigs For 5th Week
Friday, October 02, 2015 US energy firms cut 26 oil rigs in the latest week, the biggest reduction since April and the fifth straight weekly decline, data shows.
Aker Bags Subsea Contract from Murphy for Rotan Gas Project Off Malaysia
Thursday, October 01, 2015 Aker Solutions bags contract to supply a subsea production system to Murphy Oil for the Rotan deepwater gas project offshore East Malaysia.
Yinson Seals Tanker Deal With Premuda, Vessel Meant for Future FPSO Project
Wednesday, September 30, 2015 Malaysia's Yinson Holdings formalizes deal with Italy's Premuda to acquire a tanker which will be used for bidding in a future floating production, storage and offloading project.
Oceaneering Clinches Contract to Provide Subsea Support Vessel in India
Wednesday, September 30, 2015 Oceaneering clinches a subsea field support vessel services contract from an oil and gas company in India.
Samsung Heavy Industries Orders a FSRU Unit from GTT for Delivery in 2017
Tuesday, September 29, 2015 Samsung Heavy Industries orders a floating storage and regasification unit from GTT for delivery in 2017.
Topaz Orders 2 Subsea Vessels from Vard for Over $100M, Delivery in 2017
Monday, September 28, 2015 Topaz Energy and Marine orders two subsea vessels from Singapore-listed Vard Holdings for over $100 million, with delivery targeted for 2017.
Cosco Guangdong Delivers Newbuild AHTS 'Hai Yang Shi you 642' to COSL
Monday, September 28, 2015 Cosco Guangdong delivers an anchor handling tug supply vessel "Hai Yang Shi You 642" to China Oilfield Services Limited.
|Brent Crude Oil :||$46.12/BBL||0.63%|
|Light Crude Oil :||$42.87/BBL||2.68%|
|Natural Gas :||$2.2/MMBtu||0.45%|
|Updated in last 24 hours|