Offshore Energy

Proserv Acquired by Riverstone

Energy services company Proserv has reinforced its ambitious growth plans after announcing it has signed a definitive agreement to be acquired by major US private

Unplanned Outage in British North Sea

ConocoPhillips said on Friday that its J-Block gas field in Britain's North Sea is on an unplanned outage.   The outage is expected to end at 1600 local time,

Statoil Wins Exploration License off Australia

Statoil  expands in Australia with the award of 100% equity share in a large exploration permit located in the prolific Northern Carnarvon Basin on the Northwest shelf of Australia.

New Oil Field Found in British North Sea

  GDF SUEZ E&P UK Ltd and BP today announced a new exploration discovery in the UK Central North Sea. The discovery, which spans GDF SUEZ operated block 30/1f

A History of U.S. Oil Export Controls

On Oct. 20, 1973, King Faisal of Saudi Arabia imposed a total embargo on oil shipments to the United States among other countries in response to their support for Israel during the Arab-Israeli war.

Diamond Offshore Revenue Rises on Ultra-deepwater Demand

Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a 4.5 percent rise in third-quarter revenue, helped by higher demand

Mozambique Offers More Gas and Oil Blocks

Mozambique on Thursday opened up 15 new offshore and onshore areas for gas and oil exploration and production in its north, centre and south, a week after national

Three Dead in Offshore Platform Accident

Three workers were killed and one is still missing after an accident at one of the offshore oil and gas platforms in the Caspian Sea in Azerbaijan, Azeri state energy company SOCAR said on Thursday.

Tuco Debuts New Wind Farm Service Boat

Less than a week before the Offshore Energy 2014 Exhibition and Conference in Amsterdam the coming week, Tuco Marine disclosed the newest vessel in the ProZero series of Fast Rescue Boats,

Chevron Finds Oil in Deepwater US Gulf of Mexico

Guadalupe prospect adds to Chevron's portfolio in prolific Lower Tertiary Trend Chevron Corporation today announced a new oil discovery at the Guadalupe prospect in the deepwater U.

Norwegian Seismic Surveyors Stung by Lower Oil

* TGS Q3 operating profit $71 mln vs forecast $75 mln * PGS Q3 EBITDA $182 mln vs about $180 mln in Oct.15 warning (Adds PGS, detail)     Norwegian seismic

Nordic Wins with Noble

  Nordic Maritime, a leading offshore service operator, today announced a five year time charter for its DP2 IMR Subsea vessel, Mokul Nordic, which has been awarded by Noble Energy,

Pemex Suspends Eviction of Workers in Campeche

  Due to the behavior shown by the low pressure system in the Gulf of Mexico, whose career was diverted in the last hours, the Technical Analysis Group Emergency

Will You Make the Most of North Sea Decommissioning?

Recent reports indicate that the scale of opportunity arising from North Sea decommissioning is growing, with industry set to spend at least $56.16billion by 2040.

Jee Joins Lineup at Subsea Integrity Conference

Jee technical director and courses specialist to join industry experts to deliver critical subsea integrity insight at the first Subsea Integrity Conference North Sea.

BMT Names New Offshore O&G Sales Manager

BMT Group Ltd (BMT) has appointed Ray McGlynn as Sales Manager for Offshore Oil and Gas. McGlynn will be responsible for European and African regional sales support and assisting Louise Ledgard,

Shell: "Substantial" Gabon Gas Find

Shell has announced a frontier exploration discovery offshore Gabon, West Africa. The well Leopard-1 encountered a substantial gas column with around 200 metres net gas pay in a pre-salt reservoir.

Oil Above $86, Recovery Holds

U.S. crude stocks rise less than expected - API. Oil edged further above $86 a barrel on Wednesday after an industry report showed a smaller-than-expected rise in U.

Total Names Pouyanne, Desmarest to C-Suite Slots

French oil major Total on Wednesday appointed refining head Patrick Pouyanne as chief executive and former CEO Thierry Desmarest as non-executive chairman. The

Wind Could be 20 pct of Global Power by 2030

Installed wind capacity totalled 318 GW at end of 2013; could surge by 530 pct to 2,000 GW by 2030. Installed wind power capacity could swell by 530 percent to 2,

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