Subsea 7 has secured contracts from Chevron for subsea installation services related to the Anchor field, located in the Green Canyon area of the U.S. Gulf of Mexico.
South Korean shipbuilding giant Samsung Heavy Industries has received an order to build two liquefied natural gas-powered very large crude carriers. The order worth 253.6 billion Korean won ($209.2 million) was placed by a Bermuda-based ship owner, Samsung said on Tuesday. Samsung did not reveal the
The American Petroleum Institute has welcomed a historic OPEC+ agreement to curb global crude oil production. However, significant challenges remain in the weeks and months ahead, API has said.
The Falkland Islands Government inks a contract with BAM Nuttall for the design and build of a new port in Stanley Harbor.
Oilfield services provider Baker Hughes will be taking a $15 billion non-cash goodwill impairment charge in its first quarter 2020 in response to the significant decline in oil and gas prices and the COVID-19 pandemic.
President and chief executive officer (CEO) of U.S. oil and gas company Murphy Oil has resumed his responsibilities at the company after recovering from what was presumed to be COVID-19.
Dutch marine energy group SBM Offshore has been adapting to the unprecedented situation regarding the coronavirus pandemic and was protecting its workforce by putting in place business continuity measures.
After four days of negotiations OPEC, Russia, and allies have agreed on record production cuts to save the oil industry amid a major industry crisis exacerbated by the coronavirus pandemic.
DP World implemented an action plan in order to keep essential trade flowing amid the global pandemic.
Tender rig specialist Energy Drilling has completed the heavy lifting of the drilling equipment set at the Kerisi platform in the Natuna Sea.
The Federal Energy Regulatory Commission is temporarily suspending an environmental assessment of a proposal to bring the closed Kenai LNG plant in Alaska back online as an import facility. FERC said on April 8 it would suspend the environmental review for the project until the U.S. Pipeline and Haz
PGE will close projects with unsatisfactory rate and those not directly related to its core business.
Stockholm Norvik Port is preparing for its debut scheduled to take place later this year.
Russia’s Lukoil has moved on to the next stage of facilities construction for the Valery Grayfer field with the launch of a jacket for the living quarters platform from a yard to the Caspian Sea.
