Noble Corporation bags additional drillship work
Noble Corporation has been awarded new contracts for one of its drillships in the Gulf of Mexico and Suriname.
Baker Hughes pulled up over employee participation
The Norwegian offshore safety authority has identified a regulatory non-conformity at Baker Hughes.
BP and Reliance expand India partnership
Indian firm Reliance Industries and BP have sanctioned the first of three joint projects in deepwater gas fields in India.
DNO receives payment for Tawke exports
Norwegian oil and gas operator DNO has reported receipt of $41.26 million from the Kurdistan Regional Government for crude oil deliveries to the export market from the Tawke field.
77 oil discoveries found in 2017, Norway says
There were 77 discoveries on the Norwegian shelf being considered for development at the beginning of 2017, according to the Norwegian Petroleum Directorate’s annual resource report.
JX Nippon starts production at Layang Field
Japanese oil and gas exploration company JX Nippon started production at its Layang Field on 28 May 2017.
Wind energy supply increases on coldest days of winter, study shows
Wind farms have the potential to provide more energy on the coldest days of winter than previously thought, a study suggests.
Swimming robot to probe damage at Fukushima nuclear plant
A new swimming robot is set to investigate damage at Japan’s Fukushima Dai-Ichi nuclear plant following the March 2011 earthquake and tsunami.
Asda to cut petrol prices as oil price fall passed to consumer
Asda is cutting up to 2p per litre off its fuel prices after motoring groups claimed retailers were failing to pass on savings following the oil price slump.
Pacific Radiance wins $45.3 million worth of contracts
Singaporean offshore marine support firm Pacific Radiance has won $45.3 million worth of new contracts.
Russia climbs out of recession, aims to reduce dependence on energy exports
Russia has climbed out of recession despite continuing western sanctions, Vladimir Putin has told the nation.
Kim Heng purchases three ships at a cut price rate
Singapore based Kim Heng Offshore and Marine has completed the purchase of three AHTS vessels – for a price well under the ships' valuation.
Mermaid Maritime clinches two new contracts
Thailand based Mermaid Maritime’s south east asian business units have been awarded subsea contracts with an estimated value of $4.3 million.
Energy XXI spuds first development well of 2017, implements workforce cuts
Energy XXI Gulf Coast has spud its first development well of the year at the West Delta 30 field in the Gulf of Mexico.
Statoil receives consent for ‘Gemini Nord’ exploration well
Statoil has received consent from the Norwegian offshore safety authority to drill an exploration well in the Barents Sea.
Vroon Group dismisses media speculation over future
Dutch based international shipping company Vroon Group has dismissed media reports that its financial future may be uncertain.
Edinburgh based tidal power firm preparing £5 million bond launch
Edinburgh based tidal power company Atlantis is preparing to launch a bond offer at the end of the month.
CGG files for bankruptcy
French geophysical services company CGG has started bankruptcy proceedings in France and the US.
Petro Matad extends Mongolia contracts
Mongolian exploration company Petro Matad has secured extensions for two of its exploration blocks in the country as it aims to spud the first well in the third quarter of this year.
Echo Energy completes $500,000 sale of Egyptian business
London listed Echo Energy has completed the sale of its legacy Egyptian business for a total fee of $500,000.
Bahamas Petroleum eyes billion barrel prize
Oil and gas exploration company Bahamas Petroleum is chasing a billion barrel prize as it works towards drilling a prospect near the world’s largest oil market.
Maersk postpones delivery of nine newbuilds
Maersk Supply Services (MSS) has agreed to postpone the delivery of nine new builds with two yards.
Wind and solar accounted for 10% of total US electricity generation in March
Wind and solar accounted for 10% of US electricity generation for the first time in March according to figures released by the US Energy Information Administration.
Rosneft plan to invest to boost output from new areas, report says
Rosneft and its partners plan to invest $8.4 billion roubles in developing Russia’s offshore energy industry in the next five years to boost output from new areas, a news report said.
New terror group threatens oil war in Niger Delta
A new militant group is threatening to carry out attacks on oil companies in the Niger Delta, a news report said.