Maersk Supply Service has sold two more vessels, the Maersk Seeker and the Maersk Supplier, as part of the company’s recently announced divestment plan.
Stone Energy Corp filed for Chapter 11 bankruptcy on Wednesday to eliminate about $1.2 billion in debt by transferring control of the offshore oil producer to its noteholders in the face of a two-year slump in energy prices.
Azerbaijani oil officials say one worker has been killed and nine others are missing after part of their offshore oil installation broke off in strong winds.
Nigerian President Muhammadu Buhari is eyeing an increase to his country’s oil production to 2.2 million bpd, the volume it had pumped before militant attacks in the Niger Delta started crippling the country’s output and exports in early 2016.
Libya is preparing this week to reopen two of its biggest oil fields and ship the first cargo from its largest export terminal in two years, as the war-torn OPEC state pursues plans to almost double crude output in 2017.
An investigation has been launched by Total after an electrical fire broke out on it's North Alwyn Installation at around 22:10 on Friday the 9th of December. The fire which was described by Total as a "small electrical fire" broke out in a control cabinet in an electrical equipment cupboard on the North Sea Installation.
A pipeline in North Dakota spilled over 176,000 gallons of oil before it was shut down, state officials say. The spill happened 150 miles from the Dakota Access pipeline protests, with thousands of people rallying against the construction for months.