Transocean and Shell have decided to delay the delivery and operating contracts of two newbuild drillships for a year, the offshore drilling contractor announced in a…
READ MORESweden Overview
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Octopus Energy has teamed up with Tokyo Gas to create a USD 3.7-billion fund to develop offshore wind assets, the UK renewable…
READ MOREShafi Taleb Al-Ajmi, president and CEO of Kuwait Petroleum International (KPI), talks to The Energy Year about the company’s…
READ MOREOil was up Wednesday morning after the U.S. reported a surprise draw in crude oil supplies.
Brent oil futures edged up 0.27% to $68.66 by 09:20 AM GMT and WTI…
READ MORELundin Petroleum will cut spending by about a quarter compared to last year, the Swedish oil producer announced today.
The company’s development budget for 2016 is…
READ MOREDrilling has begun on well 16/4-10 on the Fosen prospect, Sweden’s independent Lundin Petroeum announced Monday.
The semi-submersible Island Innovator will test…
READ MORESwedish oil and gas company Tethys Petroleum saw its shares surge by about 20 percent on Monday morning, related to talks with the Netherlands’ Nostrum Oil & Gas…
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