Schlumberger signs agreement with PETRONAS to license WesternGeco Campeche wide-azimuth (WAZ) deepwater multiclient seismic survey in the southern Gulf of Mexico.
Source: Offshore
PETRONAS Signs Contract with Schlumberger for Campeche Basin Seismic Survey
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Oil prices tumble following signs that Saudi Arabia and Iran continue to disagree over output limits ahead of a meeting next week aimed at freezing production.
Source: Offshore
Oil Sinks As OPEC Deal Seen Unlikely; Stocks Dip
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As OPEC prepares to meet in Algiers next week, the oil market is reminding the group’s members what’s at stake if they fail to reach a deal.
Source: Offshore
OPEC Under Pressure To Act In Algiers As Oil Surplus Triples
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McDermott International official says Altamira facility workers a “revelation” and part of facility’s success.
Source: Offshore
BLOG: McDermott Workforce Factor in Altamira Facility's Bright Outlook
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Polarcus bags a contract to provide broadband 3D marine seismic project in Australasia.
Source: Offshore
Polarcus Bags Broadband 3D Marine Seismic Contract in Australasia
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Valmec clinches supply and construction contracts with 2 gas producers in the east coast of Australia.
Source: Offshore
Valmec Clinches Supply, Construction Contracts in Australia's East Coast
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The oil industry may be ready to open its wallet after two years of slashing investments.
Source: Offshore
Oil Firms Seen Spending More Next Year For First Time Since 2014
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Rosneft signs a contract to supply 96 million tons of crude oil to PV Oil, an affiliate of state oil and gas PetroVietnam, starting next year.
Source: Offshore
Russia's Rosneft To Sell 96M Tons Of Crude Oil To Petrovietnam
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Indonesia’s removal of taxes on oil and gas explorers is a good first step, but more is needed to lure investment from companies that have cut budgets and laid off staff after a precipitous plunge in prices, industry analysts say.
Source: Offshore
Oil Industry Welcomes Indonesia's Tax Reform, But Says It's Not Enough
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Lawmakers in Nigeria’s lower house of parliament are to investigate whether $17 billion of petroleum and fuel exports were stolen by companies and government agencies.
Source: Offshore
Nigeria Lawmakers To Investigate B Oil Theft Claim
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