Italian oil and gas contractor, Saipem, reported a 323 million euro ($377.6 million) net loss for the first half of the year on the back of write-downs and reorganization expenses that hit 329 million euro.
3D printing technology is getting a special exhibition at this year’s SMM.
Norwegian offshore support vessel owner SolstadFarstad has found work for two of its construction support vessels. One is a new contract, the other a contract extension.
IMB report says that all 2018 crew kidnappings have so far occurred in the Gulf of Guinea in 6 separate incidents.
London-listed oil company Tullow is still interested in offshore blocks in Peru, following the Peruvian president’s ruling in May to scrap five offshore oil contracts Tullow had in the country.
Three European majors, BP, Eni and Shell have bumped up new project approvals during the recent downturn, a review by the energy research and business intelligence company Rystad Energy shows.
Tap Oil has identified 32 leads in the G1/48 concession, which contains the Manora oil field, located in the Northern Gulf of Thailand.
Lancashire-headquartered Cuadrilla has received final hydraulic fracture consent from the Department for Business, Energy & Industrial Strategy (BEIS) for its first horizontal shale gas exploration well at its Preston New Road site in Lancashire.
Australian independent oil and gas company, Melbana Energy, kicked off the 3D seismic survey of the Beehive prospect in the Joseph Bonaparte Gulf, 225 kilometers southwest of Darwin.
Russian oil company Rosneft has reportedly sued the ExxonMobil-led Sakhalin-1 consortium in Russia, seeking 89.1 billion rubles or around $1.4 billion dollars.
Chinese pair, China Huadian and Guanghui Energy shave agreed to build a liquefied natural gas (LNG) receiving and storage facility in Yueyang city on the Yangtze river.
The Netherlands Enterprise Agency (RVO.nl) has issued early information on a tender it plans to launch on 30 July, looking for a company to undertake an archaeological study for three areas earmarked for offshore wind projects.
2017 was another year of exceptional growth for Asian cruise market.
Trinidad and Tobago’s liquefied natural gas (LNG) production rose 40 percent year-on-year in May to 2.32 million cubic meters. When compared to the month before, production at Atlantic LNG’s Point Fortin facility remained almost flat, according to the data by Trinidad’s Ministry of Energy. In the Ja
