Talks between French oil refiner Total and workers on three of its North Sea oil and gas platforms broke down on Thursday, meaning that a series of planned strikes over working rotas will go ahead, UK union Unite said...
A former Swiss bank executive has pleaded guilty to his role in a $1.2 billion money-laundering scheme involving Venezuela's state-run oil and Natural Gas Company, the Associated Press reported on Wednesday.
Federal court records show that 44-year-old Matthias Krull pleaded...
Guyana’s President, David Granger, on Thursday, August 23, met with a visiting delegation comprising Congressmen and other officials from the United States of America at the Ministry of the Presidency, where a number of issues were discussed, and areas...
The Norwegian Petroleum Safety Authority (PSA) has asked Eni to act following an audit in May of the company’s management of emergency preparedness on the Goliat field FPSO in the Barents Sea.
According to an August 22, 2018 report in Offshore, this exercise...
Saipem’s newly acquired US$275M Lewek Constellation vessel will be part of the Italian company’s fleet for the ExxonMobil-led Liza Phase 2 development offshore Guyana.
The ultra-deepwater rigid and flexible pipelay heavy lift and construction vessel will join the Saipem FDS2...
US demand for crude petroleum is forecast to see marginal annual declines through 2022, according to Crude Petroleum: United States, a report recently released by Freedonia Focus Reports.
This drop will result from lower expected levels of gasoline demand, which...
Saturday, August 11 marked 20 years since British Petroleum plc announced that it would acquire the American oil giant Amoco. The deal was huge, marking the largest industrial merger at the time and the largest foreign takeover in the...
Challenges In the early days of the oil field, blowouts were common, but there were no well control companies around to handle them. Thousands of lives were lost as oil companies struggled to handle dangerous blowouts without the benefits...
In wake of a major earthquake measuring 7.3 in magnitude which struck Venezuela’s eastern coast at 5:31 pm on Tuesday, reports indicate that the country's oil refineries and oil fields were operating normally.
Officials said there were no immediate reports...
Saipem has been awarded contracts for the second phase of the ExxonMobil led Liza development offshore Guyana to the tune of 700 million USD. These contracts, assigned by Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of ExxonMobil,...
Halliburton and ExxonMobil Guyana Limited have completed the industry’s first fully automated closed-loop well placement offshore Guyana, the companies...
