Waitsia partner Beach Energy to second staff to EPC contractor as mechanical completion not achieved on target ...

Jakarta-based sources told Upstream the FEED contract for the offshore platform looks set to be awarded to the Indonesian ...

Testing is nearing completion on the Erregulla Deep wildcat, located about five kilometres to the east of West Erregulla ...

Indonesia’s national oil company Pertamina and its overseas partners Sinopec of China and Kuwait’s Kufpec have signed the ...

SLB is expecting “muted” revenue growth in the fourth quarter because of sluggish exploration and production activity due to ...

Vietnamese contractor PTSC Mechanical & Construction (PTSC) has begun construction of platform destined for US operator Murphy Oil's Lac Da Vang (LDV) oilfield offshore Vietnam. First steel cut ...

The long-delayed Greater Sunrise LNG project in Timor-Leste is on the verge of being unlocked as a crucial development study that will decide on a concept that provides the most benefit for Timor ...

The British government sanctioned 18 tankers and four LNG carriers on Thursday with its largest package of designations yet to target the Russian shadow fleet. The move takes the number of oil ...

The stock price of London-listed junior Tower Resources was down 12% in early morning trading on Wednesday, after the company announced a share placement and revealed it has secured an updated ...

Eight contractors have submitted offers in a Petrobras tender for the decommissioning of old subsea infrastructure in Brazil’s Campos basin, but the low bidder raised concerns among rivals that ...

New York-listed driller Nabors Industries will acquire competitor Parker Wellbore for nearly $360 million, the companies have announced. Nabors will acquire all of Parker’s common shares in ...

Difficulties faced by contractors in securing financing for floating production, storage and offloading (FPSO) vessels is leading to the engineering, procurement and construction (EPC) model ...