Oilfield services firm RMEC has completed a significant expansion to its premises in response to the growing demand from oil and gas companies looking to rent equipment rather than purchase costly kit.
Jee Ltd., an independent multi-discipline subsea engineering and training firm, has secured a contract extension with BP for the provision of integrity management services and in-line inspection engineering support in the North Sea.
Repsol Norge, operator of production license 642, is in the process of concluding the drilling of wildcat well 6306/5-2, the Norwegian Petroleum Directorate announced Tuesday. The well is dry.
Sri Lanka will issue a fresh international tender for offshore oil and gas blocks after billionaire Anil Agarwal’s Cairn India Ltd. relinquished its exploration rights in the South Asian island.
Ocean Installer has been awarded a regional framework agreement with BP for subsea work in the Gulf of Mexico (GoM) region.
INEOS has agreed to acquire a strong portfolio of natural gas assets in the North Sea from a UK subsidiary of DEA Deutsche Erdoel AG, which is part of the LetterOne Group.
Statoil, in conjunction with partners Petoro and OMV, has started the world's first subsea wet gas compression system at Gullfaks field in the North Sea.
MILAN, Italy -- Eni has been awarded two new exploration licenses—North El Hammad and North Ras El Esh—offshore Egypt in the Mediterranean Sea, as a result of the 2015 EGAS bid round.
Delek Group Ltd., a partner in Israel’s two largest offshore natural gas fields, said a unit has acquired 20% of Canada’s Ithaca Energy Inc. for about $66 million as part of its strategy to transform itself into a global energy company.
Technologies incorporated in Huisman’s dual multi-purpose drilling tower (DMPT) allow operators to land heavy casing strings and optimize the design of wells targeting deep horizons.
RPSEA demonstrates value of government-industry collaboration
Petrofac, the international service provider to the oil and gas industry, has terminated its contract with Shanghai Zhenhua Heavy Industries Company Limited (ZPMC) for JSD 6000 deepwater multi-purpose offshore vessel.
Saipem has been awarded new contracts by Saudi Aramco and Eni, which are cumulatively valued at more than €600 million—approximately $681 million.
When offshore oil rigs reach the end of their useful lives, many head for their final resting place at blowtorch beach.
McDermott International has been awarded a brownfield project by Qatar Petroleum for the engineering, procurement, construction and installation (EPCI) of four wellhead jackets.
Statoil has reported an oil leak at Statfjord field, one of the oldest producing fields on the Norwegian Continental Shelf.
A group of five Democratic senators has introduced legislation to permanently prohibit drilling on the Outer Continental Shelf of California, Oregon and Washington State.
Statoil, on behalf of the Johan Sverdrup license partners, has awarded contracts for two Johan Sverdrup jackets to Kvaerner Verdal and Dragados Offshore S.A.