PV Drilling has signed a contract to supply the jack-up rig PV Drilling II to PVEP Song Hong Company Limited (PVEP Song Hong) in Ha Noi, Vietnam.

Cooper Energy, an Australia-based oil and gas company with assets in the Gippsland Basin, offshore Victoria, Australia, has said that gas from its Mantesh field can be commercially developed.

New North Sea rota changes are expected to be introduced to offshore workers as of January 2016.

Exxon Mobil Corp.

Enterprise Products Partners L.

Up to 130 firefighters are fighting a massive blaze in the wake of a huge explosion at a factory on China's mid-east coast earlier today.

Oil price declines expected to slow oil field activity on a short-term basis, driving reduced demands for drilling, stimulation and completion chemicalsDriven in large part by the rapid expansion of shale oil and gas drilling and production in North America, the world market for oil field specialty chemicals at the service company level reached $25 billion in 2014, up from nearly $16 billion in 2010, but significant declines in oil price have dampened the demand outlook for oil field chemicals for the 2015 to 2019 period, according to a new global market study from IHS, the leading global source of information and analysis.

Oil prices rose on Thursday after a power outage closed the UK's largest oilfield, restricting flows to the North Sea's main oil stream that underpins the global benchmark Brent crude.

Petsec Energy, an independent oil and gas exploration and production company, informed Thursday that drilling has started on July 15, 2015 on the Main Pass Block 270 #3 well in the Gulf of Mexico.

Dutch SBM Offshore, a provider of FPSO units to oil and gas industry, has decided to sell a stake in the FPSO Turritella to Japanese Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK Line).