Petrofac’s Engineering & Production Services business (EPS) has begun activity on its previously awarded well decommissioning contract for the Rubie and Renee fields
Threat from depressed crude prices charted by study as Energean deal collapses
Oilfield services provider TechnipFMC has said its Deep Energy vessel has set a new world record for the stiffest pipe ever installed from a Reel-Lay vessel.
More than 150 workers at Bilfinger UK could face the axe as the company confirmed it has begun redundancy consultation for staff currently on the Covid-19 furlough scheme
Drilling contractor Archer has confirmed it is to cut between 600 and 750 jobs globally as a result of the oil price crash and Covid-19 pandemic
Offshore drilling company Maersk Drilling has announced a new wave of layoffs and has revised its financial guidance for 2020
The layoffs are effective immediately, a Halliburton spokesperson confirmed
Subsea 7 today announced the award of a sizeable(1) contract by Independent Oil and Gas (IOG) for the Blythe and Vulcan Satellites field development
A fleet of supertankers carrying Saudi oil will add to the growing congestion at U.S. ports in coming weeks at the same time producers are shutting in output as they run out of space to store unwanted supplies.
Norway has announced it will reduce oil output for the second half of 2020
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