Oil prices settle up after a US government report showed hefty draws in diesel and gasoline offset the first crude inventory build in six weeks.
Source: Offshore
Oil Ends Up; Refined Products Draw Offset US Crude Build
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Hurricane Energy plc selects Technip and FMC Technologies, operating under an alliance, as its exclusive provider of subsea solutions for the Lancaster Early Production System.
Source: Offshore
Technip, FMC Team Up for Lancaster Project
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The demand for North Sea decommissioning is increasing, says Jee Ltd.’s Jonathan McGregor.
Source: Offshore
North Sea Decommissioning Demand Increasing
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A little-known investment company intends to order up to 20 liquefied natural gas (LNG) carriers, probably from South Korean shipbuilders.
Source: Offshore
South Korean Shipbuilders Eyed For LNG Carriers Deal Worth .8B
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Essel Group Middle East exercises 17,000,000 warrants of Simba Energy Inc. at $0.075 per share for total proceeds of $1,275,000.
Source: Offshore
EGME Exercises Warrants to Retire Simba Debt
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Industry insiders discuss the skill sets that oil and gas companies will need as they move towards digitalization.
Source: Offshore
Digital Technology to Transform Oil, Gas Hiring Practices
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The Russian government completes the sale of a controlling stake in Bashneft to Rosneft for $5.3 billion.
Source: Offshore
Russia Completes Bashneft Sale To Rosneft For .3B
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Poland’s drive to exploit shale gas has come to an end with state-run gas firm PGNiG and oil refiner PKN Orlen drawing a line.
Source: Offshore
Polish Firms Concede Defeat In Search For Shale Gas Riches
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Investors may have driven crude oil futures prices above $50 a barrel and amassed large bullish positions in expectations of further gains to come but their optimism isn’t shared.
Source: Offshore
Investors May Be Betting Oil Glut Will End Soon, But Crude Traders Differ
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Wood Group receives authorization to conduct cost-saving well pad design work at the Firebag in-situ site in Alberta, Canada, as part of a recently signed agreement with Suncor Energy.
Source: Offshore
Wood Group Receives Authorization to Start Well Pad Work at Firebag Site
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