Australian oil and gas producer Senex Energy Ltd. (ASX: SXY) will start its Surat Basin natural gas drilling program next month after contracting oil and gas services provider Easternwell. Senex is a supplier of gas to Australia's east coast gas market.
Woodside Petroleum Ltd. has in recent months awarded three contracts to Subsea 7 for offshore oil and gas engineering work that may eventually exceed $750 million in value, the Oslo-listed company said on March 6.
A supermajor inks a contract for the fi rst drillship rated for 20,000-psi operations.
Vryhof and its mooring business, Deep Sea Mooring (DSM), have signed a multiyear agreement with Diamond Offshore, the company said on Jan. 29.
Odfjell Drilling said on Jan. 29 that BP (NYSE: BP) will continue to use the company’s platform drilling services on the U.K. continental shelf.
Baker Hughes, a GE company (NYSE: BHGE), has committed to reducing its CO2 equivalent emissions 50% by 2030, achieving net-zero CO2 equivalent emissions by 2050, the company said Jan. 28 in a news release.
While energy bankruptcy filings slowed in 2018, the total amount of debt in oil and gas remains staggering, a recent Haynes and Boone report says.
Disruption comes to the proppant market as low commodity prices cap demand and mining capacity expands rapidly.
McDermott International Inc. (NYSE: MDR) on Jan. 24 said it has been awarded a significant contract award by BP Trinidad & Tobago LLC (bpTT) for the engineering, procurement and construction (EPC) of the Cassia Compression Platform, located 35 miles (57 km) southeast off the coast of Trinidad.
At the World Economic Forum in Davos, heads of Chevron, BP, Shell, Total, Aramco and Exxon Mobil joined together to discuss two key topics—climate change and pressure from investors.
