Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola.
An explosion occurred aboard a production platform Thursday at West Delta 105, operated by Fieldwood Energy, resulting in one fatality and three injured.
Ocean Installer won a contract for an umbilical installation project with Oceaneering for LLOG on the Delta House project. The location of the project is in the Mississippi Canyon Area.
COSLProspector, the fourth deep-water semi-submersible drilling rig built by CIMC Raffles for China Oilfield Services Limited (COSL), has been delivered in Yantai, Shandong Province.
In the continuing quest to harvest efficient, renewable energy from the power of the world’s tides, an organization called Sustainable Marine Energy’s announced
A new Floating Storage and Regasification Unit (FSRU) will be built by the Korean shipbuilding Company Hyundai Heavy Industries (HHI). This FSRU will be the fifth
Shareholders in Danish wind turbines maker Vestas are anxiously waiting for U.S. lawmakers to decide if a crucial tax break for wind power will be extended, as
Norwegian gas system operator Gassco said that an outage at Statoil's Troll field, which is reducing gas output by 11.7 million cubic metres per day, will end on Dec.
Russia's second-largest oil company, privately controlled Lukoil, said on Friday it planned to invest in Nigeria with U.S. oil major Chevron Corp , part of its
Russian Foreign Minister Sergei Lavrov said on Friday that Russia and Saudi Arabia agree that oil pricing should be based on a balance between supply and demand.
Ivory Coast is finalising production sharing agreements with oil company Exxon Mobil for two ultra-deepwater blocks in the Gulf of Guinea, a senior official with
Norway's Statoil has halted its exploration campaign in Angola after several disappointing wells and canceled a rig contract with Stena Drilling, the firm said on Friday.
China cuts interest rates to help sagging economy; Venezuela willing to cut oil production, minister says.
Brent crude oil rose more than $2 to above $81 a barrel
Rosneft reports on 100% completion of the geological survey program on Company's offshore license areas for 2014.
In the current year geological survey covered
Rowan Companies plc informed today that its monthly report of drilling rig status and contract details have been updated as of November 20, 2014.
The Bureau of Safety and Environmental Enforcement (BSEE) is responding to an explosion at West Delta 105 in the Gulf of Mexico, approximately 12 miles off the coast of New Orleans.
In a country where big court cases often drag on for a decade or more and abruptly fall apart on technicalities, the man leading a bribery probe at Brazil's state-run
Teledyne Webb Research announced the sale and delivery of Slocum G2 Gliders to DOF Subsea North America for use in commercial oil and gas related applications.
Royal Dutch Shell said on Thursday it had completed the sale of its 30 percent stake in Nigeria's onshore Oil Mining Lease (OML) 24 in the Eastern Niger Delta to
UK govt says fund now stands at around $9 bln; Berlin to host donor meeting on Thursday.
Britain has pledged up to 720 million pounds ($1.13 billion) on Thursday