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Eni Terminates Contract for Ultra Deepwater Drillship ‘Ocean Rig Olympia
Italian oil company Eni has terminated its contract for the ultra deepwater drillship Ocean Rig Olympia due to collapsing oil prices. The early
oil collapse
Thursday, January 21, 2016
Monday, October 5, 2015
News
Rolls-Royce Cuts 400 Marine Jobs as Oil Hits Offshore-Ship Sales
By Christopher Jasper (Bloomberg) — Rolls-Royce Holdings Plc said it will cut another 400 jobs at its marine-engines arm as the oil-price decline
Wednesday, August 26, 2015
News
Hard-Hit Transocean Looks to Scrap Dividend
By Joe Carroll (Bloomberg) — Transocean Ltd., the offshore oil-rig operator that lost two-thirds of its value in the past year, plans to cancel
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CNOOC Profit Falls as Oil Collapse Outweighs Cuts
By Aibing Guo (Bloomberg) — Cnooc Ltd., China’s biggest offshore oil and gas explorer, said first-half profit slumped as higher output and lower
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