Finance

Deepwater expenditure is expected to increase by 69%, compared to the preceding five-year period, totaling $210 billion (bn) from 2015 to 2019. This is the ...

NYC-based PIRA Energy Group reports that Long haul trucking has been losing market share to rail since 2002. In the U.S., there was another record ...

We’re not competing with fixed foundations, we’re just creating the future. And that future’s not that far away.” CEO, Principle Power, EWEA 2015 Several floating ...

NYC-based PIRA Energy Group believes that Oil balances remain in surplus with pressure peaking in April/May. In the U.S., last week’s data was impacted by ...

The global offshore accommodation market has seen significant growth over the past five years, with PoB requirements increasing by 27% between 2009 and 2014. Although ...

Chevron Corporation (NYSE: CVX) executives, at the company’s annual security analyst meeting in New York, expressed confidence in the long-term energy business and highlighted its ...

▪ Integrated business model resilient through the commodity price cycle▪ Company on track to grow daily production to 4.3 million oil-equivalent barrels by 2017▪ Seven ...

The low oil price is having major impact across the oil & gas industry. However, DW’s recently released World Floating Production Market Forecast 2015-2019 expects ...

Governments’ responses to low oil prices will have a significant effect on supply dynamics for years to come, depending on whether fiscal regimes are adjusted ...

The Island Offshore Group reports 2014 revenue of NOK 2.732 mill which is 25% higher than 2013. Fleet utilization was 91% in 2014 which is ...

The low oil price is expected to dramatically impact O&G activity on the UKCS. Most notably, the number of wells drilled will decrease – particularly ...