Top oil firms Royal Dutch Shell and Total are bringing their refining and trading operations closer together, seeking alternative ways to drive profits as oil prices fall and independent trading houses expand into their territory.

In this video, Eni shows the Goliat floating and production storage offloading unit (FPSO) platform arriving in Hammerfest, Norway from the Ulsan shipyard in South Korea after a 63-day journey of 15,608 nautical miles.

The world's top oil companies can expect only limited solace from refining for the rest of the year, even as the often-troubled segment proved valuable in the face of sinking oil prices.

Market participants expect the price of Brent to average around $75 per barrel through the rest of the decade, not much above the current level.

Cameron has announced the introduction of its new LETOURNEAU Jaguar Class self-elevating mobile offshore drilling unit design.

Marsol International Ltd, a Dubai-based marine solutions provider focused on the offshore oil terminal market and related infrastructure, has announced the registration of its new subsidiary, Marsol Oil & Gas Services LLC.

U.

The world already knows that the Organization of Petroleum Exporting Countries, or OPEC, can change the fate of the international oil price.

Subsea Services Alliance, the collaboration between Helix Energy Solutions Group, Inc.

Talisman Energy is working towards finalization of the Field Development Plan (“FDP”) for the Cá R?ng Ð? (CRD) oil and gas discovery, in the Block 07/03, offshore Vietnam.