Friday, November 27, 2015 Oil service companies struggling with a slump in demand will need to act fast to bolster their balance sheets and make deals before capital becomes scarce, Norway's largest bank says.
Thursday, November 26, 2015 PetroChina rises to a two-week high after announcing plans to sell pipeline stakes for as much as $2.4 billion as the nation?s biggest oil and gas producer seeks to meet year-end profit targets amid a drive to reform state-own enterprises.
Wednesday, November 25, 2015 US energy firms cut oil rigs for a 12th week in the last 13, data for the holiday-shortened week showed, a sign drillers were still waiting for higher prices before returning to the well pad.
Friday, November 27, 2015 88 Energy Limited expects its drilling operations at the Icewine #1 exploration well, located onshore Alaska, to remain within budget despite delays related to equipment repair.
Friday, November 27, 2015 FAR Ltd, along with its joint venture partners, receives a presidential decree to extend a current Petroleum Sharing Contract (PSC) in Senegal by three years, starting from February 6, 2016.
Thursday, November 26, 2015 A consortium that includes Mexico's Sierra Oil & Gas plans in early 2017 to make its first exploratory drill in one of the fields it was awarded as part of a landmark energy reform, Sierra's chief executive officer says.
Friday, November 27, 2015 Ophir Production awards an engineering, procurement, construction, installation and commissioning contract for a wellhead platform for the Ophir oil field offshore Malaysia to Muhibbah Engineering.
Thursday, November 26, 2015 Wood Group PSN division secures a contract, worth approximately $90 million, with a "leading" international oil company in Iraq to provide project management services for an onshore facility.
Thursday, November 26, 2015 CIMC Raffles holds a naming ceremony for North Sea Rig Holdings' newbuild North Dragon semisub at its Yantai Shipyard in China, while construction work continues on two other similar rigs.