The view from above shows a significant increase in drone, or unmanned aerial vehicle (UAV), operations throughout the oil and gas industry. A 2016 Bloomberg Technology report states that the global market for commercial applications of drone technology, currently estimated at about $2 billion, will rocket to as much as [...]

SINGAPORE, Oct 26 (Reuters) – BP plans to ship 1 million barrels of U.S. crude to Thailand and Australia for the first time, three trade sources said on Wednesday, as the company steps up American oil exports to meet demand in the Asia-Pacific region. The cargo will add to at [...]

The Connect8 campaign, which has been fighting to bring faster broadband to eight rural villages in South Oxfordshire (Howe Hill, Britwell Hill, Cookley Green, Greenfield, Park Corner, Pishill with Stonor, Russells Water and Swyncombe), appears to be seeing some positive progress. Local residents, many of whom have had to suffer [...]

SINGAPORE, Oct 18 (Reuters) - Singapore's Ezra Holdings Ltd , one of the city-state's many oilfield service firms hit by a downturn in oil markets, said it was seeking bondholders' consent to amend the terms of S$150 million ($109 million) worth of 2018 notes. The consent on the 4.875 percent [...]

Increased automation and digitalization in the oil and gas industry will shake up employment opportunities and create new roles in the sector, suggests Thomas Sparks, head of strategy at Siemens Oil & Gas. “Traditional job profiles in the oil and gas industry will change,” Sparks told Rigzone. “Onshore training, remote [...]

A new report from Ovum, which was jointly commissioned by BT and Australia’s nbn, has forecast that some 29 million subscribers will be using a G.fast based ultrafast broadband connection by 2021 (3% of the global fixed broadband market) and most of those will be in Western Europe. As an [...]

UK-based offshore driller Ensco has been awarded several new drilling contracts for its jack-up rigs while also preparing to stack other rigs that remained unemployed.  According to Ensco’s latest fleet status report on Thursday, the 1981-built jack-up rig drilling rig Ensco 84 has been awarded a contract extension with Saudi [...]

The European Commission has published a new Analysys Mason study that examines the cost of, among other things, providing 1Gbps capable fixed line broadband connections to all residential areas across the 28 EU member states, which for now still includes the United Kingdom. The research is designed to support the [...]

BRASILIA, Oct 6 (Reuters) – Brazil's top court has approved a request by prosecutors to split the investigation of dozens of politicians implicated in the sprawling Petrobras corruption scandal by grouping them by the main parties that prosecutors allege received kickbacks. The separation is bad news for President Michel Temer [...]

(Bloomberg) - Iran, fresh from an OPEC meeting where it won significant concessions from regional rival Saudi Arabia, accelerated the rejuvenation of its sanctions-ravaged energy industry on Tuesday when the state producer signed a new-model oil investment contract. National Iranian Oil Co. agreed to the framework of a $2.2 billion [...]

Sky’s (Sky Broadband) CFO and COO, Andrew Griffith, has today warned that the UK is at “serious risk of falling behind” other countries in the broadband league table, unless Ofcom splits Openreach from BT. Meanwhile BT’s CEO, Gavin Patterson, once again accused rivals of making “inaccurate claims” and “gaming the [...]

Songa Offshore will temporarily lay off 430 people as a result of the ongoing conflict between the Norwegian Oil and Gas Association and union members at Industri Energi. More than 300 oil service employees, all Industri Energi union members, went on strike Wednesday Sept. 21 after wage talks broke down [...]