Halliburton Co said it reached a $1.1 billion settlement for a majority of claims against the company for its role in the BP oil spill in the Gulf of Mexico in 2010.
Rig design and engineering specialist RDS has been awarded a front-end engineering design (FEED) contract by AMEC for Premier Oil’s Sea Lion development in the North Falklands Basin.
A senior U.S. Congressman from Texas has come out in full support of the United States lifting the 40-year old ban on crude oil exports, putting him at odds with
Russian oil output rose 1 percent in August to 10.52 million barrels per day (bpd), supported by an increase in condensate production at Gazprom and projects with foreign companies,
The operator of the North Sea Buzzard oilfield is looking at restarting the field later on Tuesday, trading sources said, potentially adding supply to a market
Aker Solutions informs updated unaudited financial information for the two companies - the new Aker Solutions and Akastor - that will be formed following the split
Japan's Inpex Corp said on Monday it has agreed to sell a 25 percent stake in the deep water Block S in offshore Malaysia to Australian oil and gas producer Santos Ltd.
Drilling activity offshore UK is now expected to increase over the next few years as government and industry reacts to the recommendations in Sir Ian Wood’s report
Leader in exploration and LNG, BG Group plc, says that results from a recently completed second drill-stem test (DST) on the Mzia discovery in Block 1, offshore southern Tanzania,
South Dakota School of Mines & Technology apprises that professor Sangchul Bang is making history by designing suction pile foundations for what will be the world's largest windmill on a 2,
Drydocks World, the leading provider of maritime and offshore services to the shipping, oil, gas, and energy sectors, will participate in the prestigious 26th edition of Shipbuilding,
SBM Offshore is pleased to announce that is has completed the sale and lease back of its Monaco real estate portfolio. The last of the three buildings was sold
Keppel Telecommunications & Transportation Ltd (Keppel T&T) has strengthened its Board with the appointment of Mr Lim Chin Leong as an independent, non-executive
Greenpeace's ship, the Esperanza, is still on station in the Arctic to expose renewed Norwegian efforts to drill for oil in this pristine environment.
Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry,
NOAA announced it will afford Endangered Species Act protections to 20 coral species. All 20 species will be listed as threatened, none as endangered. Fifteen of
Lundin Petroleum's Luno II oil and gas discovery offshore Norway is smaller than expected and analysts said it may be too small to support a stand-alone development.
Odfjell Drilling reports second quarter 2014 financial results showing a profit of US$29-million.
Profit & loss Q2 2014
Operating revenue for Q2 2014 was USD 272 million (USD 289 million),
Maersk Drilling notes that as of July 2014 it is present in 14 countries and its employees represent 65 nationalities. A diverse workplace yes – but the company
As part of a large-scale summer Arctic research expedition "Kara-Summer - 2014" a meteorological station was installed that meets the latest modern requirements for such equipment,