Offshore vessel operator S.D. Standard Drilling has sold one of its large-sized platform supply vessels (PSVs) for $10.3 million.
Shipping and tank terminal company Odfjell is investing in the construction of a new tank bay at Odfjell Terminal Houston (OTH) as part of its support for ongoing regional growth in the chemical industry.
Cairn has appointed a former executive of BP as a COO in its quest to drive innovation and foster growth to double India’s crude production.
IOG is frustrated over further delay in spudding the first development well on the Southwark field in the UK North Sea.
Rystad forecasts that Southeast Asia’s oil and gas output is unlikely to rise above 5 million barrels of oil equivalent per day (boepd).
Swedish-Israeli wave energy developer Eco Wave Power has selected Vastor Securities as a certified adviser for the company.
Western Gas has secured the regulator’s acceptance of its environment plan to manage drilling activities for the Sasanof-1 exploration well.
PetroRio has undertaken the required steps to move forward with the development of the Wahoo field by submitting a development plan to ANP.
Petrobras and its partners have submitted a revised Tupi and Iracema development plan in a bid to increase the recovery of hydrocarbons.
CIT Group’s Maritime Finance business provided $35.5 million to finance four commercial shipping vessels operated by Greenyield Shipping, the American bank holding company said.
NOPTA is assessing the sale agreement between Pilot and Triangle for the offshore Perth Basin exploration permit WA-481-P.
Rockhopper Exploration remains hopeful about the resolution of its arbitration against Italy over the Ombrina Mare field in the Adriatic Sea.
Borr Drilling has completed an equity offering of $30 million, which has brought it closer to implementing its refinancing strategy.
The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for three wells in the North Sea offshore Norway.
