KBR wins FEED contract for BP’s Tortue project

KBR’s UK subsidiary has been awarded a Front End Engineering Design contract by BP for Phase 1 of the Tortue field hub/terminal...

TGS, Schlumberger agree to new seismic project

TGS and Schlumberger have agreed to work on a new multiclient nodal seismic project in the U.S. Gulf of Mexico.

Murphy Oil forms JV with Petrobras

Murphy Oil Corporation has entered into a definitive agreement to form a new joint venture company with Brazil’s Petrobras focused...

Shell gives FID go-ahead for UK's Arran project

Shell has given the final investment decision to develop the Arran field in the UK Central North Sea.

AkzoNobel has relaunched as Nouryon

The former AkzoNobel Specialty Chemicals has been relaunched as Nouryon. The move follows the recent acquisition of the business...

Precision Drilling to buy Trinidad Drilling for $1 bln

Calgary-based Precision Drilling Corporation has agreed to buy fellow Canadian firm Trinidad Drilling Limited for about US$1...

Ensco and Rowan Companies agree to a merger

Ensco and Rowan Companies announced an agreement to merge the two companies in an all-stock transaction that values the combined...

Savannah finds more oil in Niger

UK's Savannah Petroleum has announced the result of its Zomo-1 exploration well with a fifth consecutive oil discovery made.

Aker Solutions awarded offshore contract in Brazil

Aker Solutions has signed a contract with Petrobras to provide a subsea production system and related services for the Mero 1...

ONGC awards contract for its deepwater project

India’s state-controlled Oil & Natural Gas Corporation (ONGC) has awarded its largest single subsea contract to a consortium of...