Fraser Well Management secures first production well operatorship appointment   Well engineering and project management specialist Fraser Well Management (FWM)…

Seadrill books $1.2 billion impairment, eyes restructuring   Seadrill has written down the value of its oil drilling rigs by…

Sonardyne positioning systems chosen for Brazilian geoscience research vessels   Brazilian geoscience services company OceanPact Geociências has chosen deep water…

Brent oil price nears $40 a barrel on talk of more output cuts   Oil prices rose on Tuesday on…

Five-Well North Sea Contract Goes to Petrofac   Independent Oil and Gas plc (IOG) has awarded Petrofac Limited’s Engineering and…

Drilling Campaign for Newpek Completed by SIMMONS EDECO in Mexico   SIMMONS EDECO, a leading supplier of onshore drilling and…

Martin Gilbert to chair Oil and Gas Technology Centre amid slump in North Sea   Fund management heavyweight Martin Gilbert…

US Rig Count Still in Freefall at 301   The U.S. rig count is down 17 rigs from the previous…

OKEA to cut production from Draugen field due to restrictions   Norwegian oil production firm OKEA has announced that it…

WEEKLY ENERGY RECAP: Calm after the storm   Crude oil prices capped a fifth week of gains without the volatility…