U.S. crude stocks fell last week, driving the Cushing, Oklahoma hub to a 10-year low, while fuel inventories surged, the Energy Information Administration (EIA) said on Wednesday…
EIA: Cushing Crude Stocks fall to Decade-low levels
AES Acquires CWind from Inspirit Capital
All Energies Services Group (AES Group) has announced the acquisition of CWind Ltd, a market provider of offshore wind services, from private equity firm Inspirit Capital…
Shell Hires SLB for Deepwater Drilling Support Across Multi-Region Assets
Global energy technology company SLB has secured a series of major drilling contracts by Shell to support capital-efficient energy development across its deep and ultra-deepwater assets in the U…
DeepOcean Adds High-Spec Subsea Vessel to Its Fleet
Ocean services provider DeepOcean has signed a charter contract for the high-spec subsea vessel Orient Adventurer.The new capacity aligns with the company’s service…
KCA Deutag Lands $16M Drilling Services Extensions in North Sea
Oil and gas drilling services company KCA Deutag has secured contract extensions for its drilling services in the U.K. North Sea, worth $16 million.KCA Deutag said…
Norway Greenlights DNO’s North Sea Drilling Campaign
DNO Norge has secured a permit from the Norwegian Offshore Directorate (NOD) to drill an exploration well in the North Sea.DNO Norge, and its partners Aker BP, Japex Norge…
Aker BP Set for Drilling Ops in Norwegian Sea
The Norwegian Offshore Directorate (NOD) has granted Aker BP a drilling permit for a wildcat well in the Norwegian Sea.The permit is for wellbore 6507/2-8 in production license 94…
US Operator Finds Oil Offshore Vietnam
U.S. oil firm Murphy Oil Corporation has made an oil discovery at the Hai Su Vang-1X exploration well in the Cuu Long Basin, offshore Vietnam.Murphy Oil’s subsidiary…
Galp’s CEO Filipe Silva Steps Down
Portuguese oil company Galp has informed its Chief Executive Officer (CEO) Filipe Silva resigned from the position, following alleged relationship probe.The CEO…
Trump Says He Will Revoke Offshore Drilling Ban Immediately
U.S. President-elect Donald Trump said on Tuesday he will move quickly to revoke an offshore oil and gas drilling ban announced by outgoing Democratic President Joe Biden…
Canada’s Industry Responds to Draft Cap-and-Trade Regulations
Canada’s industry body CAPP has issued a statement on the nations Draft Oil and Gas Sector Greenhouse Gas Emissions Regulations, saying no government should pursue…
Watch: Soft Robot Swims Like Manta Ray
A team of researchers from North Carolina State University has beaten its own record for the fastest swimming soft robot, drawing inspiration from manta rays to improve their ability to control the
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