Hess Corporation (NYSE: HES) today completed the previously announced sale of a 50 percent interest in its Bakken midstream assets to Global Infrastructure Partners for cash consideration of $2.

Axis Offshore, a Singapore-based owner of accommodation units for the offshore oil and gas industry, has informed today it will postpone the delivery of the Axis Nova unit.

The US Coast Guard (USCG) reported that the Noble Discoverer drillship has left the Port of Everett, Washington, in the early morning hours of 30 June, and is now Arctic-bound.

Brazilian state-run oil company Petroleo Brasileiro SA's long history of failed spending and output plans may be the biggest obstacle to its efforts to convince investors it will reduce its massive debt.

There have been further improvements in the management of major safety hazards offshore, according to Oil & Gas UK’s Health & Safety 2015 Report published today.

Ukraine said it halted natural gas imports from Russia on Wednesday after EU-brokered talks collapsed without a deal on how much Kiev should pay for its supplies and an interim accord expired at midnight.

Shell has been fined over £6000 after a diesel leak on board a North Sea platform.

Royal Dutch Shell plc has today made the final investment decision (FID) to advance the Appomattox deep-water development in the Gulf of Mexico.

South Korea’s Samsung Heavy Industries has said that it has won an order to build three Floating LNG facilities.

Norwegian oil and gas giant Statoil has decided to suspend Saipem’s Scarabeo 5 rig due to overcapacity in its rig portfolio.