QatarEnergy expects huge additional costs and bureaucratic burden to comply with directive approved in Brussels earlier this ...

Brazilian oil giant Petrobras has terminated a contract for the sale of a pair of fields in the country’s Santos basin to ...

One rig worker has been reported missing after a jack-up rig collapsed offshore Trinidad & Tobago. The incident occurred in the early hours of December 22 when the Well Services-owned jack-up Rig 110 ...

SWS to build hull and living quarters for MPF6 FPSO, the sixth such order for the yard under SBM Offshore’s Fast4Ward ...

The $535 million transaction allows ExxonMobil to assume ownership of the FPSO, while SBM will continue to operate and ...

Germany has won approval from the European Commission for €4.06 billion ($4.2 billion) in subsidies to support the operation ...

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Cosco has delivered the Alexandre de Gusmao FPSO, as Petrobras progresses development at Mero pre-salt field offshore Brazil ...

Thailand’s national upstream company PTTEP has unveiled its five-year investment plan, with total estimated expenditure of ...

The Federal Court of Brasilia has ruled that the prohibitory sanction issued by the Controladoria-Geral da Uniao (CGU) ...

Licence extensions boost reserves and net present value of Pharos Energy's Te Giac Trang and Ca Nu Vang assets ...

Chinese contractor Dalian Shipbuilding Industry Company (DSIC) has marked a major milestone completion with the emergency ...