Classification society ABS — the former American Bureau of Shipping — has issued an approval in principle (AIP) to Netherlands-headquartered SBM Offshore for its concept of a near zero floating ...

Modec has awarded a key contract to Cosco for key components of the Gato do Mato FPSO, while talking to other Chinese yards ...

The 80,000-barrel-per-day Cidade de Itajai (built 1985) has gone to the Brazilian subsidiary of Australia’s Karoon Energy for ...

Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the first quarter ended March 31, ...

Unpredictable oil prices and the International Monetary Fund’s (IMF) projections of lowering prices for crude this year ...

The Kaskida field, located approximately 402.3km south-west of New Orleans in the Keathley Canyon area, is a greenfield ...

By Chevy Devonish and Frances Carryl Guyana celebrated Labour Day on Thursday, May 1st, 2025. This national holiday is ...

Shell is said to be considering how it could take over rival oil major BP in a mega-merger to create an energy, chartering ...

Former Guyanese finance minister Winston Jordan is advising the government to consider hedging its oil production against ...

Aberdeen oil services company John Wood Group has announced three major contract extensions in the North Sea worth $118 million in total, as employees and shareholders await the outcome of a takeover ...

In addition to safety assessments, the team engaged crew members on key labour-related issues including the National Minimum Wage Order, working conditions, ...