Billionaire investor John Fredriksen agrees to buy an oil drilling vessel from South Korean shipyard Hyundai Samho Heavy Industries.
Source: Offshore
Billionaire Fredriksen Buys Rig, Ends Hyundai Dispute
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Japan’s Prime Minister Shinzo Abe asks Saudi Arabia’s King Salman to support a listing of oil giant Aramco’s shares in Tokyo.
Source: Offshore
Japan PM Abe Seeks Saudi Support For Aramco Listing In Tokyo
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A recovery in US oil output may deter OPEC and non-OPEC producers from extending production cuts beyond June and might lead to a new price war, Rosneft says.
Source: Offshore
Russian Oil Major Says US Shale Growth Imperils OPEC Deal
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Norway announced preliminary plans to nominate a record number of blocks for oil and gas exploration in the Barents Sea.
Source: Offshore
Norway Proposes Record Number Of Barents Oil Exploration Blocks
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Kazakhstan’s oil production in February exceeded its agreed limit under an OPEC-led deal to cut output and support prices, official Kazakh data shows,
Source: Offshore
Kazakhstan's Oil Output In Feb Exceeds Level Agreed With OPEC
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A drilling surge in America’s hottest oil play may prove to be a pitfall for natural gas bulls.
Source: Offshore
Drilling Boom in Hottest US Oil Play Is Bad News for Gas Bulls
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Following its acquisition of Clayton Williams Energy, Noble Energy will close Clayton’s Midland office, resulting in the possible layoffs of almost 200 employees.
Source: Offshore
Noble to Lay Off Workers Following Clayton Williams Acquisition
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A senior official at Libya’s NOC warned of a possible declaration of force majeure at the Es Sider and Ras Lanuf oil terminals.
Source: Offshore
Libyan NOC Official Warns Of Force Majeure At Oil Ports As Rivals Mobilize
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A new report by OPITO reveals that the majority of UK students are still interested in pursuing careers in the region’s oil and gas sector.
Source: Offshore
UK Students Still See Promise in Oil, Gas Careers in North Sea
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Hass Group announced that it has signed an agreement worth KSH20bn (US$195mn) with China State Construction Engineering Corporation (CSCEC) to build the tallest building in Africa, Hass Towers, in Nairobi
Source: African Review
Hass Group sign deal with China State Construction Engineering Corp to build Africa's tallest development
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