CNOOC Keeps Annual Output Target as Sales Slump
Cnooc Ltd., China’s biggest offshore oil and gas explorer, will keep its annual production target, undeterred by a 40 percent plunge in first-quarter
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Cnooc Ltd., China’s biggest offshore oil and gas explorer, will keep its annual production target, undeterred by a 40 percent plunge in first-quarter
The start of Norway's 2.3 billion barrel Johan Sverdrup oil field may be delayed and costs could exceed forecasts but the project could break even at about
Following ENI Norge’s Goliat FPSO platform arrival in Hammerfest, Norway last week from South Korea, a handful of tugs help the unit float-off the submerged
As a daily consumer of energy, I’ve been selfishly happy about the lower fuel prices of late. Low gas prices are good – at least that’s what
Dr Jamal Yusof, Chief Executive of Malaysian OSV operator Icon Offshore Bhd, along with his COO Rahman Yusof, have been remanded to facilitate and assist
Malaysian vessel owner Coastal Contracts Bhd has announced the sale of a jack-up drilling rig today via its subsidiary Thaumas Marine Pte Ltd, for
The floating storage unit (FSU) Heidrun B left the Samsung Heavy Industries shipyard in South Korea in March 2015, heading for
(Bloomberg) — As the oil industry takes stock of Royal Dutch Shell Plc’s $70 billion move for BG Group Plc, one company has more to chew on than most.
The oil drilling industry faces a wave of take-overs in the next two years as crude prices are expected to remain under $85 per barrel, said Claus Hemmingsen,
Five years ago today, eleven lives were lost and 17 others were injured when the Deepwater Horizon drilling rig suffered a catastrophic blowout in the Gulf of
"I have never faced a more difficult and challenging work environment," commented Chief Executive Ayman
Students from the Global Executive MBA program at the UCLA-NUS (National University of Singapore) have approached gCaptain recently with some fairly specific
Solstad Offshore’s Derrick/Lay Barge (DLB) Norce Endeavor has just earned a contract with Chevron’s subsidiaries in Thailand for a
Greenpeace’s “Mosquito Fleet” in Port Angeles harbor in Puget Sound greeted the arctic-class semisubmersible drilling rig Polar Pioneer as it
Grupo Schahin filed for Brazil’s equivalent of Chapter 11, becoming the latest Petroleo Brasileiro SA contractor to seek protection from creditors as a
A group of 25 major oil companies, oil-producing nations and development institutions have for the first time committed to ending the practice of routine gas
ENI Norge’s Goliat FPSO platform arrived in Hammerfest, Norway today following a 63-day, 15,608 nautical mile voyage from South Korea which took her
North Atlantic Drilling, a subsidiary of offshore rig company Seadrill, has delayed closing a cooperation deal with Russia's Rosneft by two years and agreed to
In Transocean’s latest fleet update summary released this afternoon, their 6th generation drill ship Discoverer Americas will be officially heading back
North Carolina Governor Pat McCrory on Wednesday expressed strong support for the environmentally safe and responsible offshore energy exploration off the
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