USA Overview

US engineering, procurement, construction and installation company McDermott International has been awarded a contract by Chevron to carry out works on two of the…

Shell will resume drilling operations offshore Alaska following a two-year production freeze that started in 2013, Adm. Robert Papp, US special envoy to the Arctic said…

Oil prices fell Monday as nuclear negotiations between Iran and Western diplomats over lifting sanctions remained in a deadlock over the weekend.

If sanctions are…

US services company Helix Energy Solutions Group announced yesterday that it has inked a new contract with Shell for well intervention services in the Gulf of Mexico.…

Houston-based oilfield services giant Schlumberger pled guilty Wednesday to violating sanctions against Sudan and Iran. The US Department of Justice will fine the…

The price of Brent crude increased by nearly 6 percent on Thursday following air strikes by Saudi Arabia and its allies on rebels in Yemen.

The air strikes, which…

In a non-binding letter of intent, private capital investor Quantum Energy Partners agreed to form an alliance with Houston-based exploration and production company…

Oil giant BP announced on Monday it would not be renewing its membership in the American Exchange Legislative Council (ALEC), a conservative advocacy group…

France-based oilfield engineering company Technip and the US-headquartered firm FMC Technologies created a 50/50 joint venture on Monday called Forsys Subsea.

The…

Crowdsourcing has made its way into the oil and gas industry. Launched in July 2014, Houston-headquartered EnergyFunders gives smaller investors the chance to take part…