The new management of Italy's Eni plans to press on with the sale of a controlling stake in oil services subsidiary Saipem so it can focus on the more lucrative business of finding oil and gas,
Oil from a spill or oil well blowout in the Arctic waters of Canada's Beaufort Sea could easily become trapped in sea ice and potentially spread more than 1,000 kilometres to the west coast of Alaska,
Keeping offshore Malaysias safe; valve replacements and line repairs using SmartPlug isolation tool
When it comes to keeping pipelines in top operating condition,
Mammoet announced today that Westermeerwind BV has reached financial close on July 25 for the turnkey construction of the Westermeerwind wind farm in Ijsselmeer,
Statoil's second quarter 2014 net operating income was NOK 32 billion, a decrease of NOK 2.3 billion compared to the second quarter of 2013. Adjusted earnings were NOK 32.
IHC Hytech, part of Royal IHC, has secured an order for two innovative containerized air-dive spreads from Bluestream, an offshore and subsea company that operates in the oil and gas,
Adjusted Q2 net profit 390 mln eur versus 296 mln forecast; refining margins up 19.2 percent, output down 5.8 pct. Shares up 1.8 percent, in line with market.
Brent set to end week nearly flat as liquidity dries up. Cushing inventories fall further, near minimum operating levels.
Oil held steady around $107 a barrel on Friday,
Gulf Island Fabrication, Inc. says it has signed a cooperative agreement with Bechtel Oil, Gas, and Chemicals, Inc. to work together to pursue opportunities for offshore projects for the U.
Bibby Offshore, subsea services provider to the oil & gas industry, says it has hosted a visit by George Osborne, Chancellor of the Exchequer, to the Company’s workshop,
Farstad Shipping ASA reports the following charter contracts, with a total value (including options) of approximately NOK 1.75-billion, as follows:
Inpex has awarded
Fugro says that (an as yet unidentified vessel) recently affected by a fire is back in operation. The total time out of operation amounted to seven weeks.
Asset Guardian Solutions Ltd (AGSL), which specializes in protecting companies’ process critical software assets, announced that it has been awarded a key contract
Upgraded crewboat design employs carbon-reinforced composite materials and is lighter, faster and more fuel-efficient than alternatives.
Marine Oil Transportation
Husky Energy Inc, Canada's No.3 integrated oil company, reported a 4 percent increase in second-quarter earnings, helped by an 8 percent rise in production.
Oil and natural gas producer Noble Energy Inc's net income nearly halved due to a $187 million loss on commodity derivatives.
Net income fell to $192 million,
Spain's Repsol will return cash to shareholders if it fails to identify a company or assets that meets its acquisition goals, Chief Financial Officer Miguel Martinez
French oil services firm Technip on Thursday cut its operating margin target for its onshore/offshore unit for this year and next, citing the possible impact of
TGS says the two multi-client geochemical seafloor sampling and seep studies offshore are for work off Canada and in the Barents Sea. Sampling locations for both
Maersk Drilling reported 2,545 applicants for the 11 MITAS engineer positions available within the company in 2014.
The Maersk International Technology and Science Program,