Ocean Installer secures a contract for deep water umbilical, flowline and riser (UFR) installation work at the Total E&P Congo operated Moho Nord field, which is located off the coast of the Republic of Congo.
Source: Offshore
Ocean Installer Secures Services Contract for Total Operated Field
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US energy firms cut oil rigs for a second week in a row, data shows, a sign the latest price declines may be causing some drillers to put on hold their recently announced plans to return to the well pad.
Source: Offshore
Baker Hughes: US Oil Drillers Cut Rigs With Crude Price Decline
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Cooper Energy completes drilling at Bunian-4 well in Tangai-Sukananti KSO in South Sumatra, Indonesia and will conduct production tests soon.
Source: Offshore
Cooper Energy Completes Drilling at Bunian-4 Well in South Sumatra
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Erin Energy obtains an 18-month extension to explore Blocks L27 and L28 offshore Kenya.
Source: Offshore
Erin Energy Gets 18-Month Extension to Explore 2 Kenya Offshore Blocks
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Holloman Energy makes preparation to drill an exploration well in PEL 444 in South Australia’s Cooper Basin before the end of 2015.
Source: Offshore
Holloman Energy to Drill Prospect in Cooper Basin's PEL 444 Later This Year
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Canadian Natural Resources Ltd, the country’s largest independent oil producer, is cutting salaries by up to 10 percent for all its staff in Calgary, Alberta, and Aberdeen, Scotland, the company says.
Source: Offshore
CNRL Cuts Calgary, Aberdeen Staff Salaries; Cites Low Oil Prices
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Vallianz Holdings seeks to expand its business in the Middle East, including Egypt and possibly Iran.
Source: Offshore
Vallianz Seeks to Expand into the Middle East, Eyes Egypt and Iran
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Sky Futures uses Offshore Europe 2015 to launch its new 48-hour Rapid Response Service for the North Sea region.
Source: Offshore
Sky Futures Launches 48-Hour Drone Inspection Service for the North Sea
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Mexico plans to spend the least in nine years to explore for oil, relying instead on foreign companies to help reverse a decade-long decline in production.
Source: Offshore
Mexico Cuts Oil Spending to Nine-Year Low as Foreign Firms Enter
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A US House of Representatives subcommittee passes a bill to repeal the US ban on oil exports, providing momentum in the chamber for overturning the 40-year old trade restriction.
Source: Offshore
US House Panel Passes Bill To Repeal Oil Export Ban
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