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Drilling contractor Archer has confirmed it is to cut between 600 and 750 jobs globally as a result of the oil price crash and Covid-19 pandemic
Offshore drilling company Maersk Drilling has announced a new wave of layoffs and has revised its financial guidance for 2020
The layoffs are effective immediately, a Halliburton spokesperson confirmed
Subsea 7 today announced the award of a sizeable(1) contract by Independent Oil and Gas (IOG) for the Blythe and Vulcan Satellites field development
A fleet of supertankers carrying Saudi oil will add to the growing congestion at U.S. ports in coming weeks at the same time producers are shutting in output as they run out of space to store unwanted supplies.
Norway has announced it will reduce oil output for the second half of 2020
The historic agreement that we saw…
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