Oil & Gas News

Can Mindfulness Improve Offshore Safety?

Industry Headlines

Can Mindfulness Improve Offshore Safety?
Tuesday, January 28, 2020 A new project will test whether mental exercises can improve offshore safety and reduce burnout among offshore energy workers.

Total Sued Over Carbon Emission Targets
Tuesday, January 28, 2020 Oil giant Total SA is being sued by 14 local governments and a handful of non-governmental organizations in France for not doing enough to reduce its carbon emissions and fight global warming.

Exxon at 10-Year Low
Tuesday, January 28, 2020 It's almost as if the last decade never happened for investors of Exxon Mobil Corp. shares.

New Oil Minister Appointed in Norway
Tuesday, January 28, 2020 Tina Bru has been appointed as the new minister of petroleum and energy in Norway, replacing Sylvi Listhaug.

Nerves Over Coronavirus Demand Hit Keep Oil Down
Tuesday, January 28, 2020 Oil steadied after closing at the lowest level since mid-October as the deadly coronavirus wreaked havoc on China's economy and threatened to crimp worldwide energy demand.

Oil Prices Continue String of Losses
Monday, January 27, 2020 For the fifth consecutive trading day, West Texas Intermediate (WTI) and Brent crude oil prices finished lower.



Exxon Marks Stabroek Sweet 16
Monday, January 27, 2020 ExxonMobil, operator of the Stabroek Block offshore Guyana, on Monday reported an oil discovery at the Uaru exploration well, located near the producing Liza field.

BHP Awards Mexico Deepwater Contract
Monday, January 27, 2020 DORIS will provide engineering services for BHP and PEMEX's Trion project.

Eni Announces UAE Discovery
Monday, January 27, 2020 Eni revealed Monday that a gas and condensate discovery has been made in the Mahani exploration prospect in the Area B Concession of Sharjah (UAE).

Seadrill Rig Order Goes to Semco
Friday, January 24, 2020 This photo shows the Seadrill-operated West Bollsta harsh-environment rig, which will mobilize on the Norwegian Continental Shelf. PHOTO SOURCE: Semco Maritime.

Global Exploration Poised for Upswing
Monday, January 20, 2020 Global exploration is poised for an upswing as operators flock to licensing rounds, according to Rystad Energy.

Angola's Oil Drilling Ramps Up
Friday, January 17, 2020 Angola's ailing oil industry got a shot in the arm this week, with Eni SpA and Total SA both showing their commitment to the OPEC producer.



Iraq Al Ahdab Oil Field Resumes Production
Monday, January 27, 2020 Iraq's Al-Ahdab oil field resumed production about a week after operations halted there due to protests by security guards amid unrest in one of OPEC's biggest producers.

US Oil Industry Made History in December
Thursday, January 23, 2020 API contends it's a win for US consumers.

Sinking Natural Gas Prices Have Drillers Hitting the Brakes
Thursday, January 23, 2020 Gas production is showing signs of a slowdown after years of runaway growth.

Kuwait to Resume Oil Output in Area Shared With Saudis
Wednesday, January 22, 2020 Khafji was shut down in 2014 after a spat between the neighbors.

US Shale Suffering From Sustained Contraction
Tuesday, January 21, 2020 Slower output growth would have global ramifications, given additional US barrels are forecast to account for most of the increase in 2020 worldwide supply.

US Calls for Immediate Resumption of Libya Oil Output
Tuesday, January 21, 2020 The U.S. embassy in Libya called Tuesday for an immediate resumption of oil production.


Finance and Investing

Offshore Operational Production Costs Have Fallen
Tuesday, January 28, 2020 According to a new study from Rystad Energy, the UK led the world in cutting the cost of its offshore oil and gas production.

Latest Norway Oil Spending Boom Probably the Last
Thursday, January 23, 2020 Western Europe's biggest oil and gas producer just witnessed its final investment boom, according to Norway's largest bank.

Oil, Gas Bankruptcy Filings Climb in 2019
Wednesday, January 22, 2020 The price of oil has been stubbornly immune to sustained increases despite key geopolitical catalysts.

Aramco International Listing Still on the Cards
Wednesday, January 22, 2020 Saudi Aramco is still considering listing shares abroad, the kingdom's Finance Minister Mohammed Al-Jadaan said.

McDermott to Seek Bankruptcy and Sell Lummus Unit
Tuesday, January 21, 2020 The company will file for bankruptcy after it reached an agreement with creditors to tackle debt acquired through a botched acquisition.

Oil, Gas Supermajors Living Beyond their Means
Thursday, January 16, 2020 Some of the world's largest oil and gas companies are shelling out more to their shareholders than they can afford, according to a new report.


Company Operations

Halliburton Wins Offshore Australia Contracts
Tuesday, January 28, 2020 Halliburton reported that it has won seven drilling and completion services contracts for the next phase of the Ichthys field development.

Bristow and Era to Merge
Tuesday, January 28, 2020 Bristow Group and Era Group have entered into a definitive agreement to combine the two companies in an all-stock transaction.

Fluor JV Awarded Neptune North Sea EPC Contract
Tuesday, January 28, 2020 Neptune is the largest offshore gas and oil producer in the Dutch sector of the North Sea.

Lundin Proposes Name Change
Monday, January 27, 2020 Lundin Petroleum AB has proposed to change its name to Lundin Energy AB following the launch of a decarbonization strategy.

UK Prosecutors Allege Iraq Oil Boss Corruption
Friday, January 24, 2020 British prosecutors told a London jury that Iraqi oil bosses were wooed by shopping trips, cash and offers of new TVs from businessmen seeking lucrative contracts.

Santa Retiring from Pipeline Advocacy Group
Friday, January 24, 2020 After 17 years at the helm, Don Santa is retiring as president of the Interstate Natural Gas Association of America (INGAA).