International6 years agoMaersk Supply Service to cut 20% of onshore staffMaersk Supply Service to cut 20% of onshore staff As a result of the low oil price environment, Maersk…
International6 years agoUS shut-ins double: Company guidance hints 616,000 barrels per day shut during May, 655,000 in JuneUS shut-ins double: Company guidance hints 616,000 barrels per day shut during May, 655,000 in June US production of…
International6 years agoDeep Casing Tools secures UK patent for extended reach drilling innovationDeep Casing Tools secures UK patent for extended reach drilling innovation A UK patent has been granted for new…
International6 years agoOil Jumps 10% As Saudis Raise Prices For First Time Since Price WarOil Jumps 10% As Saudis Raise Prices For First Time Since Price War After slumping much of yesterday, Brent…
International6 years agoHalliburton Lays Off 1,000 EmployeesHalliburton Lays Off 1,000 Employees Halliburton reduced the number of staff at its headquarters by 22 percent or about…
International6 years agoCovid-19 demand update: Oil seen down 10.9%, jet fuel down 33.6%, road fuel down 11.1% in 2020Covid-19 demand update: Oil seen down 10.9%, jet fuel down 33.6%, road fuel down 11.1% in 2020 Rystad Energy’s…
International6 years agoAsset life extension: viable in the long term for oil and gas?Asset life extension: viable in the long term for oil and gas? While much of the oil and gas…
International6 years agoRepsol posts $528M net loss in first-quarterRepsol posts $528M net loss in first-quarter Spanish oil major Repsol posted on Tuesday a first-quarter net loss of…
International6 years agoCovid-19 and subsea: Demand for umbilicals set for multi-year blow, despite cost savingsCovid-19 and subsea: Demand for umbilicals set for multi-year blow, despite cost savings The Covid-19 pandemic and its devastating…
International6 years agoTime for champagne: France to become Europe’s fourth-largest offshore wind producer in 2030Time for champagne: France to become Europe’s fourth-largest offshore wind producer in 2030 France’s ambition to increase electricity production…