QatarEnergy expects huge additional costs and bureaucratic burden to comply with directive approved in Brussels earlier this ...

Brazilian oil giant Petrobras has terminated a contract for the sale of a pair of fields in the country’s Santos basin to ...

Petrobras has returned the remaining two exploration blocks out of four in the ultra-deepwater portion of Brazil’s Campos ...

One rig worker has been reported missing after a jack-up rig collapsed offshore Trinidad & Tobago. The incident occurred in the early hours of December 22 when the Well Services-owned jack-up Rig 110 ...

SWS to build hull and living quarters for MPF6 FPSO, the sixth such order for the yard under SBM Offshore’s Fast4Ward ...

The $535 million transaction allows ExxonMobil to assume ownership of the FPSO, while SBM will continue to operate and ...

Germany has won approval from the European Commission for €4.06 billion ($4.2 billion) in subsidies to support the operation ...

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Cosco has delivered the Alexandre de Gusmao FPSO, as Petrobras progresses development at Mero pre-salt field offshore Brazil ...

Thailand’s national upstream company PTTEP has unveiled its five-year investment plan, with total estimated expenditure of ...

The Federal Court of Brasilia has ruled that the prohibitory sanction issued by the Controladoria-Geral da Uniao (CGU) ...

Licence extensions boost reserves and net present value of Pharos Energy's Te Giac Trang and Ca Nu Vang assets ...