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Schlumberger hits the mark in Q3

One of the largest oil industry subcontractors met expectations on the top and bottom lines in this year's third quarter, shows report released Friday.

Vitol concerned about Iraqi-Kurdistan conflict

There is a risk that exports will be impacted by the conflict in northern Iraq, where the Iraqi army has taken over several oil fields in the Kirkuk region, says Vitol's CEO to Financial Times.

Tidewater hunting for new CEO

In August, US offshore carrier Tidewater finalized its restructuring. Now the board is hunting for a new CEO to lead the carrier through a period that remains challenging.

This week's top stories on ShippingWatch

Clipper CEO Peter Norborg discussed the carrier's restructuring, while other bulk players also put their cards on the table. EU Commissioner Margrethe Vestager shared her views on the container industry, and a new solution for sulfur requirements was presented. All this week on ShippingWatch.

These are some of Seadrill's major bondholders

Bondholders have again become the unknown ownership element that could ultimately block a restructuring – this time at Seadrill. But there are several parties among the unsecured bondholders who support the rescue plan. Now some investors have been named.

Statoil disappointed by Barents Sea drilling

Statoil has finished this year's exploration in the Barents Sea with further disappointment. Only one of the total five exploration wells contained an oil discovery worth mentioning.

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