Upstream

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...

Energy firm Hess and Chevron USA have commenced production at the Tubular Bells field, located in the Mississippi Canyon area...

LONDON – Tullow has signed a production-sharing agreement covering 10 full blocks and one part-block offshore Jamaica. The Walton basin...

ABERDEEN, UK – EnQuest has issued updates on its incremental field development programs in the UK North Sea. At Thistle/Deveron...

DUBAI – Lamprell has received a contract award from the National Drilling Co. (NDC) for the construction and delivery of...

ABU DHABI, UAE – Mubadala Petroleum has started oil production from the Manora field in the northern Gulf of Thailand....

Technip will publish its Third Quarter 2014 results on Thursday, October 30, 2014 at 7:00 a.m. CET. The press release...

Five talented engineers who are about to start their postgraduate studies have each received a prestigious Petrofac/Royal Academy of Engineering...