A labor strike that began on Sunday has reduced oil production from Petrobras by 273,000 barrels, or 13 percent of its output, the company says.
Source: Offshore
Petrobras: Brazil Oil Strike Cuts Output Up to 13%
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Pilot Energy inks agreement to acquire Caracal Exploration’s 13.058 percent stake in exploration permit EP437 in the Perth Basin, Western Australia.
Source: Offshore
Pilot Energy Inks Deal to Acquire Caracal's Stake in EP437 in Perth Basin
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Indonesia invites bids for three non-conventional oil and gas blocks in Java and Kalimantan.
Source: Offshore
Indonesia Invites Bids for 3 Non-Conventional Blocks in Java, Kalimantan
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Petrofac, Faroe Petroleum and Eni Hewett establish a cost saving partnership to drive efficiencies and commercial synergies across their UK operations in the Southern North Sea.
Source: Offshore
Energy Firms Team Up to Cut North Sea Costs
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Magnolia Petroleum plc announces the commencement of a 10 well drilling program targeting gas in the proven Woodford formation in the South-Central Oklahoma Oil Province.
Source: Offshore
Magnolia: 10 Well Drilling Program Begins
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Chesapeake cuts its 2015 capital budget for the second time this year to cope with a slump in oil and gas prices, but raises its production forecast.
Source: Offshore
Chesapeake Cuts 2015 Budget To Cope With Weak Oil And Gas Prices
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Transerv Energy continues to find strong gas shows at Warro-6 well in the Warro gas field in Western Australia.
Source: Offshore
Transerv Continues to Find Strong Gas Shows at Warro-6 Well in WA
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Sembcorp Marine opens Southeast Asia’s largest steel structure fabrication workshop in Singapore.
Source: Offshore
Sembcorp Marine Opens Southeast Asia's Largest Steel Fabrication Workshop
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The pressure is building on North Sea drillers starved of contracts as Statoil deepens cuts in investment to cope with a collapse in crude prices.
Source: Offshore
Rig 'Graveyard' Looms as Statoil Cuts North Sea Drillers Loose
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Sevan Drilling exercises option with Cosco Qidong to defer delivery of the Sevan Developer semisub by six months to mid-April 2016.
Source: Offshore
Sevan Drilling Exercises Option to Defer Delivery of Sevan Developer
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