On the North Sea alone hundreds of platforms and thousands of subsea wells need to be decommissioned. Not surprisingly operators and service providers preparing for this wave in decommissioning, focus...

Pioneer Natural Resources is selling the assets to Midland, TX-based oilfield services company ProPetro for $400MM. Source link

WTI $60.19 -48c, Brent $70.18 -47c, Diff -$9.99 +1c, NG $3.72 +18cOil PriceAnother poor week for oil, after what was intended to be a good start with sanctions coming into place...

Photo: Solstad Solstad Offshore has entered into a contract for the construction support vessel CSV Normand Pioneer with Queiroz Galvão Exploração e Produção (QGEP) in Brazil. The contract has a duration of...

Abu Dhabi — Saudi Arabia is not considering killing OPEC, the kingdom's...

zoomPicture. From left: Jan Vegard Hestnes Operations Director IKM, Ben Pollard Managing Director IKM, Geir Sjøberg CEO AKOFS & Hans Fjellanger BD Director IKM Photo: IKM/Ben Young AKOFS Offshore has selected IKM...

With this transaction, the energy company ventures into new geologic territory.Amazing Energy Oil & Gas Co. (AMAZ:OTCQX) closed on a funding transaction in which Joint Venture Working Interest Partners will pay...

The company has entered into an agreement to sell the Maersk Giant to an Australian-based company. Source link