Three New Offshore Oil Fields To Be Developed By ENI
Published at 12:32PM - 01/12/15Oil and gas supermajor, ENI, has announced that it has singed an agreement to explore and develop three new offshore oil fields.
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Diamond Offshore Starts Rig Stack and Scrap
Published at 05:40PM - 01/08/16
Diamond Offshore announced in its second quarter results that it has decided to cold stack one semi-submersible drilling rig and one jack-up rig as well as scrap two semi-submersible rigs.
Transocean Takeover Nets Three Offshore Drillers
Published at 03:28PM - 01/08/16
Transocean announced it has acquired two drillships and one semi-submersible rig following the acquisition of its subsidiary, Transocean Partners.
ExxonMobil Posts $4.7bn Loss in H1
Published at 05:11PM - 29/07/16
ExxonMobil announced estimated second quarter (Q2) earnings of US$1.7 billion (£1.28 billion) compared to US$4.2 billion (£3.1 billion) in the same period in 2015.
Schlumberger and Golar LNG Team Up
Published at 05:57PM - 25/07/16
Golar LNG and Schlumberger announced today the creation of a joint venture (JV) to accelerate the development of low gas reserves to LNG
ExxonMobil Beats Rival Explorers For InterOil
Published at 10:31AM - 22/07/16
ExxonMobil has successfully acquired gas explorer InterOil after a US$2.5 billion (£1.88 billion) bid that was not countered by rivals Oil Search and Total.
350 Jobs Go At Nexen Headquarters
Published at 03:35PM - 13/07/16
Nexen Energy is to cut 350 workers at Long Lake and Calgary headquarters throughout this year, following the decision not to resume its oil sands operations
