CNOOC Limited today announced that the Dongfang 1-1 gas field Phase I adjustment project, in the South China Sea, has started production ahead of schedule.

China's implied oil demand grew 9.

Spectrum announced today that its vessel has arrived in Mexico and started the acquisition of the Gulf of Mexico 2D campaign, in collaboration with Schlumberger.

Petroleos Mexicanos, the world’s ninth-largest oil producer, announced its biggest discovery in five years as the state-owned company seeks to reverse its decade-long decline in production.

FMC Technologies, a Houston-based provider of equipment and services for the energy industry, is reportedly cutting 400 jobs.

Statoil (U.

Norway’s Aker Solutions today notified employees at its subsea services facility in Ågotnes, Norway, that it would have to lay off between 150 and 200 workers due to a decline in activity in the Norwegian market.

Trelleborg has reported that their offshore operation has formalized its Drill Riser Buoyancy Modules (DRBM) repair offering in Africa, following its collaboration with flotation repair provider, ProFloat.

EMAS AMC has completed transportation and installation of subsea templates for the Aasta Hansteen field development project, offshore Norway.

Royal IHC, a Dutch builder of vessels and equipment for the offshore oil & gas and dredging industries, has revealed it will start laying of workers due to tough market conditions.