Japan’s foreign ministry unveiled a map and photographs of what it said were 16 Chinese marine platforms close to Japan’s side of the disputed East China Sea.

FMC Technologies, Inc.

A glut of cheap natural gas trapped in the U.

Det Norske Oljeselskap ASA is claiming as much as 20 million barrels more in the Johan Sverdrup oil field in an appeal of a government decision that reduced its stake in the giant deposit offshore Norway.

The contract between Russia and China for gas supplied via the western route known as Power of Siberia-2 is being delayed indefinitely, Vedomosti cited Russian officials.

Vard Holdings Limited, a global designer and shipbuilder of offshore and specialised vessels, has started implementing cost-cutting measures including layoffs due to lack of orders in the last quarter.

Xplorer plc has signed a memorandum of understanding (MoU) for the acquisition of a significant working interest in five shallow offshore exploration permits off the coast of Morocco.

Oil prices fell on Wednesday after an unexpected rise in U.

An Exxon Mobil Corp.

Research from NEL, the flow measurement R&D specialist, reveals that the North Sea oil and gas sector could be misreporting over $1093 million (£700 million) per year.