Drilling & production

Subsea 7 S.A. awarded US$240 million contract extensions offshore UK.

Oil production in federal Gulf of Mexico expected to continue increasing according to the US Energy Information Administration.

Tethys has signed an MOU with PetroChina to explore the feasibility of long-term cooperation in natural gas and crude oil deliveries.

McDermott International, Inc. has announced that it has been awarded a large project for a new jacket, temporary deck and replacement umbilical.

Otto has entered into a Letter of Intent with Maersk to secure the Maersk Venturer ultra-deepwater drillship to drill the Hawkeye-1 exploration well.

This arbitration was commenced by Ghana in 2014 in an effort to resolve a dispute with regard to the maritime boundary between Ghana and Côte d'Ivoire.

Ecopetrol announces its results for the fourth quarter of 2014 and full year 2014.

Total recoverable reserves estimated to be 14.1 billion standard cubic metres of oil equivalent.

Part of efforts by Brazil's largest state-controlled company to reduce debt and protect cash.

Johan Sverdrup contract Pioneering Spirit, the world’s largest heavy-lift vessel.

KBC provide an oil market outlook for February 2015.

New government funding stream confirmed for conventional fossil fuels.

Wood Group Kenny (WGK) has appointed Bob MacDonald as chief executive officer (CEO), effective 6 April.

The low oil price is expected to dramatically impact O&G activity on the UKCS, according to DW Monday.

Kosmos Energy provides update on 2015 exploration drilling program.