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GE opens $500m R&D centre in Brazil for subsea oil and gas research
General Electric (GE) has opened its new $500m global research and development (R&D) centre in Brazil, which will focus on...
Read moreTechnip wins PMC services contract for Abu Dhabi Nasr Phase II project
French engineering firm Technip has secured a contract from Abu Dhabi Marine Operating Company (ADMA-OPCO) to support the Nasr Phase...
Read moreOil falls to near $78 on Japan recession news
The price of Brent crude oil dropped by more than $1 to near $78 a barrel on Monday, following news...
Read moreXcite Energy signs MOU with China Oilfield Services for Bentley field, UK North Sea
Xcite Energy has signed a memorandum of understanding (MOU) with China Oilfield Services (COSL) to purchase a harsh environment jack-up...
Read moreBrent crude increases towards $80 ahead of OPEC meeting
Brent crude increased to $80 a barrel today as struggling oil prices try to cope with ample supply concerns ahead...
Read moreProduction starts at Tubular Bells field in US Gulf of Mexico
Energy firm Hess and Chevron USA have commenced production at the Tubular Bells field, located in the Mississippi Canyon area...
Read moreTullow to explore offshore Jamaica
LONDON – Tullow has signed a production-sharing agreement covering 10 full blocks and one part-block offshore Jamaica. The Walton basin...
Read moreEnQuest details UK offshore field development activities
ABERDEEN, UK – EnQuest has issued updates on its incremental field development programs in the UK North Sea. At Thistle/Deveron...
Read moreLamprell to build two more high-spec jackup rigs for NDC
DUBAI – Lamprell has received a contract award from the National Drilling Co. (NDC) for the construction and delivery of...
Read moreManora oil field goes onstream offshore Thailand
ABU DHABI, UAE – Mubadala Petroleum has started oil production from the Manora field in the northern Gulf of Thailand....
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