News
SBM Offshore to work with Noble Energy in two US GoM fields
Netherlands-based SBM Offshore has secured a contract to work with Noble Energy in the US Gulf of Mexico (GoM) at...
Read moreGE Oil & Gas secures subsea equipment contract from Petrobras
GE Oil & Gas has secured a subsea equipment contract worth more than $300m from Brazilian energy firm Petrobras. ...
Read moreOil slips towards $98 on concerns of faster US interest rates hike
The price of Brent crude slipped towards $98 per barrel today on concerns of a faster hike in US interest...
Read moreEni makes new oil discovery in Block 15/06 offshore Angola
Eni has made the tenth commercial oil discovery at the deepwater Ochigufu exploration prospect in Block 15/06 offshore Angola. The...
Read moreBrent slips towards $97 despite talks of OPEC output cuts
The price of Brent crude dropped towards $97 a barrel today despite talks of lower output from the Organization of...
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Maersk sells drilling barge activities in Venezuela
Maersk Drilling has sold its drilling barge activities in Venezuela to Panama-based investment company Barrystar Holding. The activities, registered to...
Read moreEni makes oil discovery in Ecuador
Italian energy firm Eni has made an oil discovery in Ecuador that could hold around 300 million barrels in place....
Read moreBrent crude declines below $98 on ample supplies
The price of Brent crude declined below $98 a barrel today due to weak demand and strong supplies. Chances...
Read morePetroceltic and Edison JV secures North Port Fouad Block in Egypt
A Petroceltic International and Edison International joint venture (JV) has secured the North Port Fouad Block licence, located offshore Nile...
Read moreTGS secures new 3D survey in deepwater Gulf of Mexico
Norway-based geoscience data firm TGS has secured a further 3D survey in the deepwater Gulf of Mexico, under the Explorer...
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