Weatherford International saved an operator 27.5 hours of deepwater rig time with an Integrated Completion Solution it developed to install downhole equipment in the Santos Basin, offshore Brazil.

UK-based subsea and offshore equipment manufacturers Subsea Innovation and Tekmar Energy, part of Tekmar Group, have joined forces to manufacture protective face shields for NHS workers in the North East of England.

The final installation of turbines at Parkwind's Northwester 2 offshore wind farm in the Belgium section of the North Sea has been completed.

The pain felt by Big Oil from the coronavirus-led plunge in demand may derail global efforts to cut pollution, the International Energy Agency said.

Saudi Arabia and other Gulf suppliers may have agreed to cut oil production again starting next month, but by all indications the taps are set to remain wide open until then -- swelling crude stockpiles for at least a few more weeks.

Shortly after Mexico won a historic "Mexican standoff" with Saudi Arabia on Sunday afternoon, and was exempt from a historic 9.7mmb/d oil production cut by OPEC+ member states

Offshore installation and construction firm Subsea 7 has won a contract to deliver subsea equipment and flowlines for Chevron's Anchor development in the U.S. Gulf of Mexico

Norwegian seismic survey company Shearwater has lost two contracts in the Asia Pacific, joining the likes of Polarcus, SeaBird, EMGS which have all been hit by the recent low oil prices and COVID-19 pandemic situation.

The historic agreement that we saw…

Jack-up drilling contractor Borr Drilling has received early contract terminations for five offshore drilling rigs, and has warned that more terminations might be forthcoming.