Transocean is working closely with authorities to recover its grounded rig as “expeditiously and safely as possible,” says Transocean’s operations director for Northwest Europe, Dave Walls.
Source: Offshore
Transocean Working to Recover Stranded Rig
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As strike action rumbles on in the North Sea amid Unite and RMT union members working for Wood Group, Oil & Gas UK condemns the movements as unhelpful.
Source: Offshore
Industrial Action is Not the Answer to North Sea Crisis
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Australia is on track to become the world’s biggest liquefied natural gas (LNG) exporter by 2019 yet faces a looming shortage at home as states restrict new drilling onshore and cash-strapped oil and gas companies cut spending.
Source: Offshore
Australia's Gas Paradox: Supply Crunch Looms Despite Rich Reserves
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MEO Australia provides an update on its key projects in Australia, New Zealand and Cuba.
Source: Offshore
MEO Australia Provides Update on Projects in Australia, NZ & Cuba
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Santos to set aside $1.05 billion in impairment charge for the Gladstone liquefied natural gas (GLNG) project in Queensland, Australia following a review of its key production assets.
Source: Offshore
Santos to Set Aside B in Impairment Charge for Queensland's GLNG Project
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Gas Plus Khalakan (GPK) expects total production at the Shewashan field in the Kurdistan Region of Iraq to hit 10,000 barrels of oil per day early next year when the Shewashan-4 field comes on stream.
Source: Offshore
GPK Expects to Hit 10,000 Bopd at Shewashan in 2017
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Pakistan Petroleum commences operations at its second gas processing facility at Sharf X-1 well in Shahdadpur field in Gambat South Block in Sindh,Pakistan.
Source: Offshore
PPL Begins Gas Plant Ops at Gambat South's Shahdadpur Field in Sindh
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All it took was a few words from OPEC to encourage oil bulls.
Source: Offshore
Oil Bulls Take Heart As OPEC Rekindles Hopes Of Output Freeze
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Venezuela, which holds the world’s largest crude reserves, is on track to suffer its steepest annual oil output drop in 14 years.
Source: Offshore
Lack Of Investment, Payment Delays Hamper Venezuela Oil Output
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Venezuela is on track to suffer its steepest annual oil output drop in 14 years due to the effects of an economic crisis and years of under investment and mismanagement, according to data seen by Reuters and interviews with sources and workers.
Source: Offshore
Lack Of Investment, Payment Delays Hamper Venezuela Oil Output
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