Saipem SpA on Tuesday reported EUR 306 million ($321.08 million) in net profit and EUR 14.55 billion in revenue for…
International
Aker BP comes up empty-handed at another prospect as drilling ops wind down
Norwegian oil and gas player Aker BP has found no hydrocarbons in the Norwegian Sea, following drilling activities conducted by…
International
Saipem and Subsea7 propose merger to form Saipem7
The combined entity will have a backlog of €43bn, annual revenue of approximately €20bn, and EBITDA of over €2bn Italian…
International
BP seeks rig for multi-well campaign offshore Indonesia
At least eight wells on the cards for latest phase of Tangguh LNG project UK supermajor BP is in the…
International
Valaris Streamlines Drilling Fleet & Sells Jack-Up Rig for $24M
Valaris Limited, an offshore drilling services provider, has announced that it will permanently retire three semi-submersible rigs as part of…
International
Cenovus Energy reports Q4 profit and revenue down from year ago
CALGARY — Cenovus Energy Inc. reported its fourth-quarter profit and revenue fell compared with a year ago as it saw…
International
‘Significant milestone’: Yinson Production acquires Stella Maris
Purchase of CCS player expands FPSO contractor’s presence in the emerging low-carbon market Singapore-headquartered FPSO specialist Yinson Production has successfully…
International
Over 70 blocks picked for oil, gas exploration
Federal Minister for Petroleum Dr Musadik Malik has said that after a decade 40 new offshore and 31 onshore blocks…
International
Noble rig quartet’s drilling gigs contribute to total backlog of $5.8 billion
U.S. offshore drilling contractor Noble Corporation has won drilling assignments for four floaters with Tullow in Ghana, Petronas in Suriname,…
International
CNOOC starts production at Buzios7 project in Brazil’s Santos Basin
The Búzios field is set to become Petrobras’ top producer, with 2mbbl/d by 2030. China National Offshore Oil Corporation (CNOOC)…
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