DOF Subsea secures contracts for two vessels
DOF Subsea has been awarded several ROV and diving contracts for its Skandi Achiever in the North Sea and the North America region, securing utilisation of the vessel until the end of October 2016.
Exxon could be fined millions after US appeal court rules on refinery pollution violations
ExxonMobil could be facing fines running to millions of dollars after federal appeals judges sided with environmental groups over pollution from its refinery in Baytown, in Texas.
Nostra Terra misses deadline Permian Basin acquisition
Nostra Terra Oil & Gas has lost the exclusive right to acquire an interest in producing assets in New Mexico's Permian Basin after failing to meet a payment deadline.
Updated: Nigerian militant group claims to have blown up Chevron oil facility
The Niger Delta Avengers (NDA) have attacked a Chevron oil facility, the Nigerian militant group said on Twitter on Wednesday.
TWMA lands offshore waste management contracts
Environmental service specialist TWMA has been awarded new contracts with a combined value of £500,000 for skip and ship and onshore processing services.
Prosafe talks to lenders as it looks to improve finances
Prosafe remains in constructive dialogue with its key stakeholders as it attempts to improve its financial situation by the summer.
Oil tankers stuck offshore Venezuela after state oil firm fails to pay BP
Four tankers carrying over two million barrels of US crude are stuck at sea and cannot discharge at a Caribbean terminal because Venezuela's state oil company has not yet paid supplier BP.
ISIS raises taxes in its territory as oil revenue is squeezed
ISIS is making up for lost revenue from coalition strikes on its oil infrastructure by squeezing the population under its control through high taxes.
Saudi’s oil policy may be working, but issues remain for Kingdom
In the rarefied world of oil macroeconomics there appears to be widespread - if grudging - admiration for Saudi Arabia's refusal to blink over its policy to continued high levels production as the oil price crashed.
Record year globally for renewables, report says
Last year saw record investment and installation of renewables such as solar and wind power worldwide, a report has said.
MX Oil raises £3.4million through share placing
MX Oil has raised £3.4million in a share placing of 341.2 million shares at a price of 1 pence each, ensuring it has enough cash to retain its investment in its Nigerian operation.
Saudi Aramco plans to boost capacity on Red Sea oil pipeline
Saudi Aramco, the world’s largest crude producer, plans to increase the capacity of its main cross-country pipeline by 40 percent as the company expands oil fields in the eastern part of the nation and builds refineries on the western coast.
OGIC seminars target oil and gas innovators
Funding for innovation and protecting intellectual property in the oil and gas industry will be the focus for two Oil & Gas Innovation Centre (OGIC) seminars being run in partnership with Heriot-Watt University.
Technip lands billion euro Med gas field development project
Technip has been awarded a major natural gas field development in the Mediterranean that could be worth as much as €1 billion.
Rigmar opens new Abu Dhabi office
Oilfield services specialist Rigmar Group is expanding its international operation with the opening of a new office in Abu Dhabi.
Cobalt appoints former BHP Billiton man as new chief exec
US independent Cobalt International Energy has confirmed ex-BHP Billiton executive Tomothy Cutt will replace Joseph Bryant as chief executive after Bryant quit.
Genel receives another $6million from Kurdistan
Genel Energy said the Taq Taq field partners have received a payment of $11.45 million from the Kurdistan Regional Government for oil sales during April 2016.
School pupils head to NASA for finals of ROV competition
A team of Aberdeenshire school pupils are preparing to head to NASA in Houston for the finals of a competition to design and build subsea remote operated vehicle.
Intelligent Energy loss widens to £67million
Losses at clean power technology firm Intelligent Energy have widened to £67.3m for the six months to the end of March as the company looks to refocus on small to medium sized off-grid devices.
Victoria Oil and Gas posts first profit as it plans expansion
Victoria Oil and Gas has posted its first profit as it seeks to increase its reserves and produce more gas in Cameroon.
Trinity extends on loan repayment
Trinity Exploration, the E&P company focused on Trinidad and Tobago, has agreed the latest extension to the moratorium on principal repayments on its outstanding debt balance of $13million with its lender, until the Friday (June 3).
Range Resources begins waterflood injection on Trinidad
Trinidad focused Range Resources has begun injection on its flagship Bean Marcelle waterflood project.
The time to hire subsea vessels is now, experts say
The downturn in subsea shipping activity provides the ideal opportunity for North Sea operators to fix the roof while the sun is shining, according to analysts.
Tech Tuesday: Maersk engineers swap out spanners for i-Pads
The modern oil and gas engineer is as likely to be found using an tablet computer as a they are a socket and wrench on Maersk's new Culzean platform - which will be one of the most modern in the North Sea.
Statoil marks Heimdal field 30th anniversary with its own biography
Statoil is celebrating the 30th anniversary of the Heimdal with the publication of a biography of the landmark development.