Oil prices fell slightly on Friday on news that US stocks had grown by 564,000 barrels in the week ending… Read More
Fugro has narrowed its full-year loss to USD 309 million, the Dutch surveyor said on Friday. Read More
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
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
A consortium of SBM Offshore and Japan’s JGC is likely to be selected as the preferred contractor for NewAge’s Marine… Read More
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
Mexican Undersecretary of Hydrocarbons Aldo Flores Quiroga on Thursday confirmed that Mexican oil and gas authorities are planning a deepwater… Read More
Noble Energy announced on Thursday that it had sanctioned the initial phase of the Leviathan gas project offshore Israel. Read More
Somalia’s new president, Mohamed Abdullahi Mohamed, has picked the director of the local branch of Britain’s Soma Oil and Gas… Read More
Swiss offshore drilling giant Transocean on Thursday posted USD 782 million in net income attributable to controlling interest for 2016. Read More
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