Petroleum Newsroom
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Saipem nets over $200 million in new offshore drilling contracts
[ad_1] Italian offshore contractor Saipem has been awarded new contracts in offshore drilling in Norway and Middle East totaling over…
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After being rocked by Trump tariffs, the solar energy business is bouncing back
[ad_1] But recently the industry has struggled with the uncertainty brought on by new tariffs imposed in January 2018 by…
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Sirius seeks extension to Ororo field license amid drilling plan delays
[ad_1] zoomIllustration: A jack-up rig – Image source: Pixabay Sirius Petroleum is seeking a further extension from Nigerian authorities to…
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Saudis driving oil price higher, says RBC's Croft
[ad_1] Helima Croft, head of commodity strategy at RBC Capital Markets, joins CNBC's "Power Lunch" team to talk about what…
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Fairfield submits decommissioning plan for PL5 offshore pipeline
[ad_1] Fairfield Energy has submitted its draft decommissioning program for the Dunlin Alpha to Cormorant Alpha pipeline (PL5) located off…
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Saudi Arabia is reportedly mulls stripping US dollar from oil trade
[ad_1] Saudi Arabia is the world’s largest oil exporter, and its total crude output is surpassed only by U.S. and…
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Worldwide offshore rig count in March up by 69 units year-over-year
[ad_1] The worldwide offshore rig count for March 2019 decreased by two units sequentially but increased by 69 units year-over-year,…
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Egyptian natural gas to Jordan to be resumed
[ad_1] CAIRO – 5 April 2019: Egypt and Jordan have signed a memorandum of understanding (MoU), per which Jordan will…
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Investors are ignoring the best opportunity in the market right now, says JP Morgan
[ad_1] Essam Al-Sudani | Reuters Men work for Iraqi Drilling Company at Rumaila oilfield in Basra, Iraq, Energy stocks offer…
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Report: ConocoPhillips hires AHTS quartet for ‘Safe Caledonia’ move
[ad_1] Oil company ConocoPhillips has reportedly hired four anchor handling tug supply (AHTS) vessels to move Prosafe’s Safe Caledonia flotel.…
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