From the field

Sales of stored oil up

Oil prices fell slightly on Friday on news that US stocks had grown by 564,000 barrels in the week ending… Read More

7 years ago

Fugro sees slow recovery

Fugro has narrowed its full-year loss to USD 309 million, the Dutch surveyor said on Friday. Read More

7 years ago

Saipem in the red

Italy’s Saipem reported EUR 2.09 billion in net losses for 2016 on Thursday, citing write-downs and “further significant rationalisation of… Read More

7 years ago

YPF, Shell team up for pilot

Argentina’s state-owned YPF and super-major Shell signed a deal on Thursday that will see the companies jointly develop a new… Read More

7 years ago

SBM-JGC rumoured to win FLNG contract

A consortium of SBM Offshore and Japan’s JGC is likely to be selected as the preferred contractor for NewAge’s Marine… Read More

7 years ago

Apache, Chesapeake record losses

Houston-based independent Apache released its 2016 full-year and fourth-quarter results on Thursday, reporting losses for both periods. Chesapeake, too, revealed… Read More

7 years ago

Mexican official talks business

Mexican Undersecretary of Hydrocarbons Aldo Flores Quiroga on Thursday confirmed that Mexican oil and gas authorities are planning a deepwater… Read More

7 years ago

Leviathan FID reached

Noble Energy announced on Thursday that it had sanctioned the initial phase of the Leviathan gas project offshore Israel. Read More

7 years ago

Oil executive named new Somali PM

Somalia’s new president, Mohamed Abdullahi Mohamed, has picked the director of the local branch of Britain’s Soma Oil and Gas… Read More

7 years ago

Transocean posts Q4 profit

Swiss offshore drilling giant Transocean on Thursday posted USD 782 million in net income attributable to controlling interest for 2016. Read More

7 years ago

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