Rystad Energy expects the global oilfield service sector to be back at pre-downturn buy Wellhead market levels by 2024.

Rystad Energy announced Friday that it expects the global oilfield service sector to be back at pre-downturn buy Wellhead market levels by 2024.

SINGAPORE, Aug 17 (Reuters) - Japan's Mitsubishi Corp on Friday said it has agreed to acquire 25 percent of Bangladesh's Summit Liquefied Natural Gas (LNG) terminal and plans to help develop an offshore receiving site in the South Asian country.

LONDON, Aug 17 (Reuters) - Royal Dutch Shell's oil traders in the Caribbean island of Barbados are getting ready for a tough gig - they're being moved to the Bahamas next month.

Crude prices rose on Friday, but declined on the week.

NEW YORK, Aug 17 (Reuters) - Crude prices rose on Friday, but declined on the week on worries that oversupply would weigh on the U.S.

Find out what goes into keeping an offshore facility's galley operating 24/7.

Having grown up on the Louisiana Gulf Coast, I had a number of friends and acquaintances who worked offshore.

LONDON, Aug 16 (Reuters) - Axpo, a Swiss utility and energy trader, said on Thursday it was in talks with a Canadian BOP Blow Out Preventer repair company gulf coast planning to build a liquefied natural gas (LNG) terminal on the country's East Coast for a 10-year supply deal.

HOUSTON, Aug 16 (Reuters) - There were signs that a natural gas well was not fully sealed before it exploded in January, killing five workers, the U.S.