Odfjell Drilling confirms to Rigzone that it will be cutting around 200 jobs globally in response to the lower oil price environment. Source link

Wood Group secures a 5 year contract by Nexen, valued at $150 million, to deliver operations, maintenance and technical support across the company's North Sea offshore assets. Source link

All charts are updated through March 2016 The latest OPEC Monthly Oil Market Report is out out. The charts are “Crude Only” production and do not reflect condensate production. Also the charts, except for...

zoomSafe Caledonia; Image: Prosafe Oil giant  BP has reportedly removed two workers from its ETAP project, in the UK sector of the North Sea, after finding a syringe on an...

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