The oil and gas industry is “actively transitioning into a more sustainable energy future” – but more needs to be done to guard against the risk of climate change - according to Norwegian firm DNV GL.
Oil is poised for its biggest weekly drop in four weeks amid questions over the effectiveness of OPEC’s deal to help rebalance the market.
Brazil is taking steps to promote new renewable-energy projects as the government seeks to reassure the industry that political turmoil won’t threaten current power policies.
US firm ConocoPhillips has signed a long-term contract with Solstad Offshore ASA for a platform supply vessel.
Norway’s DOF Subsea has announced the extension of the contract for one of its multi-purpose offshore support vessels working in the Gulf of Mexico.
Technip FMC has won a contract for work on the Coral South floating liquefied natural gas facility (FLNG) project offshore Mozambique.
Italian energy firm Eni has hired Saipem for offshore drilling in Mozambique using drillship Saipem 12000.
Chinese premier Li Keqiang and leading officials from the European Union are reaffirming their commitment to a landmark climate change agreement, a day after Donald Trump said he was pulling the US out of the Paris accord.
Research firm Rystad Energy has found that more delayed projects have been sanctioned so far in 2017 than during the entirety of 2016 – but the overall list has continued to grow.
Norwegian subsea service provider DOF Subsea is to launch an initial public offering (IPO) of its ordinary shares on the Oslo stock exchange (Oslo Børs).
Russian oil company Rosneft has signed a long-term production casting and tubing contract with Tubular Metallurgical Company.
Octanex has started drilling at its Ophir 1 development well.
BP Trinidad and Tobago has given the green light to the development of its Angelin offshore gas project.
Shell has targeted the divestment of $30billion worth of assets in the period from 2016-2018.
The controversial Dakota Access oil pipeline is now officially in service.
Wintershall Norge has awarded Engie Fabricom a new assignment for well hook ups in 2017.
A new report shows that greenhouse gas emissions in the European Union rose in 2015 - the first increase since 2010.
Russia’s largest independent natural gas producer Novatek has signed a Memorandum of Understanding for the creation of a centre for the construction of large-scale offshore structures in Murmansk.
Offshore and subsea shipping company Siem Offshore has announced its plan to purchase the 49% ownership in Siem Meling Offshore DA (SMODA) from O.H. Meling.
Norwegian shipbuilding company Vard is to upgrade Farstad Shipping’s platform supply vessel (PSV) Far Sun.
Singapore company Falcon Energy has announced that it has cancelled its order for three out of four jack-up rigs from Shanhaigun New Shipbuilding.
Rystad Energy has predicted that US oil production could hit an all-time high of 10 million barrels per day before the end of 2017.
BP has sent the first topsides unit built for the Shah Deniz stage 2 platforms to its location in the Caspian Sea.
Central Asian oil and gas company Caspian Sunrise has completed its merger with Baverstock.
Oil and gas exploration company Lekoil has received payment for its first cargo lifted from the Otakikpo Marginal Field, offshore Nigeria.
