Royal Dutch Shell Plc is feeling optimistic that fossil fuel is the answer to Nigeria’s decades of crude theft, pollution and oil-related corruption matters. Shell, the oil major, is planning to develop the domestic energy market with natural gas in Nigeria. Natural gas is abundant, difficult to steal, better for the environment and could potentially...

Simulators are going to be used to ensure the rig reactivations are faster, smoother and safer to all the crew members, new and experienced. For the very first time, Stena and advanced developer and manufacturer, Drilling Systems, are working together to combine competency assessment and coaching in-the-field with the On-the-Rig (OTR) simulator. Stena highlighted that...

The Trump administration is considering partial exemptions against Iran’s oil for certain countries. The US starts non-oil penalties against the Islamic Republic starting today.  The US is weighing case-by-case exemptions for some countries from the next set of sanctions — which take effect in 90 days — targeting Iranian oil exports.