Oilfield services company Wood Group holds constructive talks with the UK Unite and RMT unions, following a dispute over changes to pay and allowances for workers in the North Sea.
Source: Offshore
Wood Group Holds Constructive Talks with Unions
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The Maersk Highlander jack-up rig will soon start work on the Culzean gas field in the North Sea for Maersk Oil, BP and JX Nippon, after being named at a ceremony at Invergordon in Scotland.
Source: Offshore
Maersk Highlander Ready for Action
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The drop in offshore drilling coupled with 2018 contract expirations will shove backlogs to “perilously low levels in this downturn,” according to research from Moody’s Investors Service.
Source: Offshore
BLOG: Dwindling Backlog Building Perfect Storm for Offshore Drillers
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Statoil submits a plan for the development and operation of the Byrding oil and gas discovery in the North Sea to government authorities.
Source: Offshore
Statoil Submits Development Plan for North Sea Byrding Discovery
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Ghana’s President John Mahama says a maritime boundary dispute with Ivory Coast had affected the development of the new TEN oil field.
Source: Offshore
Ghana's Mahama Says Dispute With Ivory Coast Affected Oil Development
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Oil prices settled steady to higher, with US crude posting its biggest weekly gain since March after surging nearly 25 percent in a little over two weeks.
Source: Offshore
Oil Posts Strong Weekly Gains; Analysts Say Rally Unjustified
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US drillers add oil rigs for an eighth consecutive week, the longest recovery streak in the rig count in over two years.
Source: Offshore
Baker Hughes: US Oil Drillers Add Rigs For Eighth Week In Row
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China National Petroleum Corp. Offshore Engineering Co. (CPOE) signs the contract to charter the Frigstad Shekou semisub upon delivery from CIMC Raffles’ yard in Yantai, China in late 2016.
Source: Offshore
China's CPOE Inks Deal for Newbuild Semisub Frigstad Shekou
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Beach Energy spuds the Callawonga-12 well in PPL 20 on the western flank of South Australia’s Cooper Basin.
Source: Offshore
Beach Energy Spuds Callawonga-12 Well in South Australia's Cooper Basin
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Mad Dog, BP’s drilling project deep in the Gulf of Mexico, could be Exhibit A in the oil industry’s war on cost.
Source: Offshore
BP To Schlumberger In 'Barroom Brawl' As Oil Drillers Slash Cost
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