Saudi Aramco to dust off shelved plans for mega IPO
Saudi Arabia is restarting preparations for a potential initial public offering of oil giant Aramco, months after putting the planned listing on hold, people familiar with the matter said.
Saudi Arabia is restarting preparations for a potential initial public offering of oil giant Aramco, months after putting the planned listing on hold, people familiar with the matter said.
For the oilfield services industry, it’s no longer about merely navigating a downturn. It’s now about survival.
North Sea decommissioning cost forecasts have dropped because companies are "holding up a mirror up to themselves" and sharing lessons, according to a top industry boss.
The oilfield services company Weatherford International filed for Chapter 11 bankruptcy protection Monday, after struggling to assimilate the companies it bought during a quest for growth, taking on too much debt and fighting to recover from falling oil prices in 2014 that hammered the energy industry.
Baker Hughes GE (BHGE) has been awarded contracts worth £3million from i3 Energy for two upcoming North Sea prospects.
The UK Government has given CNR International's plans for decommissioning the Ninian Northern platform the seal of approval.
Independent Oil and Gas (IOG) has said it expects the Maersk Resilient drilling rig to arrive at its Harvey prospect by the end of the month.
Many offshore workers have “lost faith” in employers’ commitment to safety standards, a union boss said.
RockRose Energy has completed its acquisition of Marathon Oil’s UK business.
Data is “transforming” the offshore helicopter industry’s ability to deliver safety improvements “faster and better”, an aviation sector leader has said.
The North Sea oil industry must keep a lid on costs if measures taken by Opec and its allies push crude prices much higher, top Aberdeen energy experts have said.
Two workers were killed and another seriously injured during a training exercise gone wrong at Royal Dutch Shell's Auger platform in the deepwater Gulf of Mexico.
One in four people in the UK will experience a diagnosable mental health problem in their lives, according to leading mental health charity, Mind.
Oil edged lower as investors weighed troubling economic data from around the world against OPEC’s extension of output cuts into 2020.
The share of U.S. energy coming from renewable sources like wind farms and hydroelectric dams fell off in 2018, the U.S. Energy Information Administration (EIA) reported on Monday.
Explorers are in the grip of an existential crisis as the energy transition gathers pace, an analyst said today.
A ballot on proposed strike action is to be held by construction workers at Peterhead's St Fergus Gas Plant over "safety concerns" and "attacks on terms and conditions", a trade union has said.
Oil giant ConocoPhillips and its partners are understood to be bringing the Tor filed, located in the Norwegian side off the North Sea, back to life.
Wood has announced a deal to support construction of Ineos’ £2.6billion chemicals complex in Antwerp.
Perenco has submitted proposals to decommission its Pickerill platforms in the North Sea.
A brawl between Kazakh workers and their Arab colleagues in one of Kazakhstan's largest oil fields has left 30 people injured and led to an outcry in Lebanon and Jordan.
The OPEC+ alliance is poised to extend production cuts into 2020 as the world’s leading oil exporters fret about a weakening outlook for global demand growth and the relentless rise in output from America’s shale fields.
Ports operator DP World has acquired offshore vessel business Topaz Energy and Marine for £845million.
TechnipFMC has announced the award of a number of “significant” contracts for a deepwater project off the coast of India.
Hurricane Energy has announced its highly anticipated Warwick Deep well has not encountered commercial rates of oil and gas.