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Driller Noble to buy Diamond Offshore for $1.6 billion
Market Watch· 5 days agoConsolidation in the oil industry continues, with offshore drilling contractor Noble Corp. on Monday...
Russian warships reach Cuban waters ahead of military exercises in the Caribbean
ABC 7 Chicago· 2 days agoThe fleet, made up of a frigate, a nuclear-powered submarine, anoil tanker and a rescue tug, crossed...
Global oil markets likely to face large supply deficits soon, says report
Offshore Technology via Yahoo Finance· 2 days agoAccording to the agency, this revision is largely due to subdued demand in developed OECD countries,...
Zama Oil Field Partners Select French Firm for FEED
Rigzone.com via Yahoo Finance· 3 days agoThis article was first published on Rigzone here The partners in Mexico’s Zama oil field have awarded a front-end engineering and design contract (FEED) to French engineering ...
EU ponders sanctions for Russian shipping giant Sovcomflot
Offshore Technology via Yahoo Finance· 3 days agooil-based revenue as its war with Ukraine continues. State-owned Sovcomflot is Russia's largest...
Two Texas men heading to prison for conspiracy to sell Iranian oil to China
Dallas Morning News· 1 day agoTwo Texas men have been sentenced to 45 months in prison for attempting to sell Iranian oil to China...
Global demand for oil could peak soon – NZ’s plan to revive offshore exploration doesn’t add up
The Conversation· 3 days agoThis week’s announcement of the government’s plans to reopen New Zealand’s territorial waters to oil drilling comes as no surprise. Minister for Resources Shane Jones has ...
Royalty-free terms draw only three oil and gas lease bids in Alaska’s Cook Inlet
Alaska Beacon· 2 days agoThe annual areawide Cook Inlet sale featured special terms for the 725 tracts covering 3 million ...
Oil prices ‘to plunge to $60’ by end of next year in boost for drivers
The Telegraph via Yahoo Finance· 2 days agoMotorists are poised to benefit from a sharp drop in fuel prices over the next 18 months, as...
US oil driller Noble Corp to buy Diamond Offshore for about $1.6 billion
MSN News· 5 days ago(Reuters) -Noble Corp will buy smaller rival Diamond Offshore Drilling in a cash-and-stock deal worth around $1.59 billion, the latest in a series of buyouts in a sector undergoing ...