Equinor awards several FEED contracts in Brazil

Equinor, on behalf of the partners ExxonMobil and Petrogal Brasil has awarded FEED contracts for phase 1 of the Bacalhau area in...

Gulfstream Services expands in the U.S.

Gulfstream Services, Inc. (GSI), an offshore & onshore equipment rental and engineered solutions provider, has announced it has...

Oceaneering and Aquaterra Energy ink decommissioning collaboration

Aquaterra Energy signed a MoU with Oceaneering for decommissioning in North Sea...

ExxonMobil ups Guyana estimate with new find

ExxonMobil has increased its estimated recoverable resource base in Guyana to more than 8 billion oil-equivalent barrels

Karoon starts drilling Peruvian wildcat

Karoon Energy announced that it has commenced the drilling of the Marina‐1 exploration well located in Block Z‐38 Tumbes Basin,...

Lundin launches decarbonisation strategy

Sweden's Lundin Petroleum has announced the launch of its decarbonisation strategy, which targets carbon neutrality by 2030.

Helicopter companies Bristow and Era agree to merge

Helicopter companies Bristow Group and Era Group have entered into a definitive agreement to merge in an all-stock deal.

Prysmian awarded umbilicals contract in Brazil

Prysmian Group has been awarded a contract by Libra, a consortium of prime international oil & gas operators, for steel tube...

Senex sees higher production at Surat Basin

Australian company Senex Energy said that natural gas development at its Surat Basin was going very well with production...

McDermott restructures debt, files Chapter 11 bankruptcy protection

McDermott has finalised a pre-packaged restructuring of its massive debt and filed for bankruptcy protection under Chapter 11...