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Unique Maritime Group subsidiary Unique Hydra (UH) has introduced the HYDRACraft diving daughtercraft system.   This is designed for diving...

Topaz Energy and Marine has added four new DP-2 platform supply vessels (PSVs) to its fleet this year: Topaz Seema,...

Exploratory drilling has started at the Sepand gas field, 250 km (155 mi) from Kish Island in the Persian Gulf....

TEL AVIV, Israel – Delek Drilling says a review has raised estimated natural gas and condensate resources in the deepwater...

GE Oil & Gas has secured a contract to supply its gas turbine-driven compressor train and mechanical drive technology to...

General Electric (GE) has opened its new $500m global research and development (R&D) centre in Brazil, which will focus on...

French engineering firm Technip has secured a contract from Abu Dhabi Marine Operating Company (ADMA-OPCO) to support the Nasr Phase...

The price of Brent crude oil dropped by more than $1 to near $78 a barrel on Monday, following news...

Xcite Energy has signed a memorandum of understanding (MOU) with China Oilfield Services (COSL) to purchase a harsh environment jack-up...

Brent crude increased to $80 a barrel today as struggling oil prices try to cope with ample supply concerns ahead...