Angola will offer fifteen new offshore blocks in the licencing round scheduled for this year.

Rowan Companies, a U.

Dril-Quip, Inc.

Statoil has extended the contract for the LNG-powered PSV Viking Energy with one year from ultimo April 2015.

Helix Energy Solutions Group, Inc.

Odfjell Drilling has said that it expects the drilling industry market to stay weak for the next couple of years.

OPEC kingpin Saudi Arabia is feeling vindicated after a strategy of allowing oil to flood the market has begun to achieve what it was aiming for.

UK’s biggest union, Unite, called for immediate UK and Scottish government interventions to halt a potentially disastrous ‘race to the bottom’ in working standards across the North Sea offshore industry.

BW Offshore, a Norway-based provider of FPSO units, has reportedly found another victim of the explosion that struck its Cidade Sao Matheus FPSO offshore Brazil, on February 11.

Statoil will shut down its Statfjord C platform, located in the Norwegian part of the North Sea, due to cracks discovered on the flare tower.