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Op/Ed: Connecting to the Future of Offshore

May 04, 2018

120 miles out at sea, 6,000-horsepower devices lift drilling equipment weighing up to 3 million pounds out of holes lying 10,000 feet beneath the water. Keeping such sea monsters in good working order, often for years at a time, is no mean feat…

In US Gulf, Robots, Drones Take on Dangerous Offshore Oil Work

May 03, 2018

At BP's massive Thunder Horse oil platform in the U.S. Gulf of Mexico, a dog-sized robot called Maggie uses magnetic tracks to creep along pipes connecting the giant oil facility to the sea floor. Before MaggHD, dubbed 'Maggie' by BP, the dangerous inspection…

Two U.S. Coal Miners See Growth Amid Sector's Gloom

May 02, 2018

U.S. electric utilities are expected to shut hundreds more of their coal-fired power generators in the coming years, extending a long trend away from coal and toward natural gas that has cast a pall over the mining industry. But not every U…

Boaters Strike Decommissioned Oil Rig

Apr 30, 2018

The U.S. Coast Guard said it has medevaced five boaters who were injured after striking a decommissioned oil rig in the Gulf of Mexico, Sunday.Coast Guard watchstanders in New Orleans received a mayday call on VHF-FM Channel 16 at 12:03 a.m…

Fluxys to Add a Permanent LNG Bunkering Facility in Antwerp

Apr 29, 2018

Fluxys has taken over the concession in the port of Antwerp at quay 526-528 to make liquefied natural gas (LNG) available as an alternative fuel for ships and barges, in one of the Port Authority's key initiatives to make the port's activities more sustainable…

US Oil Rig Count Continues Climb

Apr 27, 2018

The U.S. oil drilling rig count rose for the fourth week in a row and ended the month sharply higher as producers plan to boost output as they reap profits from crude trading near three-year highs.Drillers added five oil rigs in the week to April 27…

Interview: Antony Croston, Trelleborg Offshore

Apr 26, 2018

Antony Croston is Business Group Director at Trelleborg’s offshore operation in Houston, responsible for the externally-facing functions of the business covering engineering, business development and project management.MTR caught up with Croston…

Subsea 7 Makes Hostile Bid for McDermott

Apr 23, 2018

Offshore oil services firm Subsea 7 has made an unsolicited offer worth about $2 billion for U.S. rival McDermott, potentially breaking up the U.S. company's agreed deal with onshore engineering firm Chicago Bridge & Iron (CB&I).The deal could…

Petrobras March Production Dips

Apr 21, 2018

Petrobras reports that, in March its total production of oil and gas, including natural gas liquids (NGL), was 2.66 million barrels of oil equivalent per day (boed), with 2.56 million boed produced in Brazil and 99 thousand boed produced abroad…

US Drillers Add Oil Rigs for Third Consecutive Week

Apr 20, 2018

U.S. energy companies added oil rigs for a third week in a row as energy firms follow through on plans to spend more on drilling this year with crude prices near three-year highs.Drillers added five oil rigs in the week to April 20, bringing the total count to 820…

Post-Bankruptcy, Seadrill Eyes Closer Oil Service Ties

Apr 18, 2018

Offshore oil driller Seadrill aims to expand relations with Schlumberger, the world's largest oil services firm, and other suppliers to the global oil and gas industry, its chief executive told Reuters on Wednesday. Seadrill plans to emerge…

ConocoPhillips' Alaskan Venture a Success

Apr 17, 2018

ConocoPhillips announced it has concluded its 2018 winter exploration and appraisal program in Alaska.The company’s original plan was to drill five wells on the Western North Slope comprising two appraisal wells of the Willow Discovery announced in January 2017…

Chevron Greenlights Gorgon LNG Expansion

Apr 16, 2018

Chevron Corp will proceed with the second stage of its giant Gorgon liquefied natural gas (LNG) export plant off the northwest coast of Western Australia, the company said on Saturday.Chevron and its joint venture partners plan to sink 11 new…

Russian gas for Slovenia

Apr 14, 2018

A contract for supply of gas was entered into to between Russia and Slovenia today in Ljubljana. Gazprom entered  with Slovenia. This new contract provides for annual supplies of 600 million cubic meters of gas by Gazprom from January 1, 2018 to January 1…

Fire in Sauna Shuts World's Northernmost Oilfield

Apr 13, 2018

The world's northernmost oilfield was shut on Friday when a fire broke out in a sauna in the oil platform's living quarters, Eni, the Italian oil company that operates the field, said. The Arctic Goliat field is in the Barents Sea about 88 kilometers…

Current News

Transocean to Acquire Valaris for $5.8B

Transocean to Acquire Valaris

ADNOC, RWE Explore LNG Supply Deal as Germany-UAE Deepen Ties

ADNOC, RWE Explore LNG Supply

Eni’s Congo LNG Phase 2 Begins Exports with First LNG Cargo (Video)

Eni’s Congo LNG Phase 2 Begins

Perenco Installs Kombi-II MOPU Offshore Congo

Perenco Installs Kombi-II MOPU

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