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BP Seeks Stake In Cairn Energy Senegal Assets
Monday, November 20, 2017 Cairn Energy is in talks with BP to sell a 30% stake offshore Senegal.
Saipem Secures Onshore Services Deals Worth Around $1B
Friday, November 17, 2017 Saipem wins new contracts in Saudi Arabia and Mexico, and additional works of existing contracts in Saudi Arabia and Kazakhstan.
German Gas Supplier VNG In Talks To Sell Norwegian Energy Business -Sources
Friday, November 17, 2017 German gas supplier VNG is in talks to sell a majority stake in its Norwegian Norge oil and gas business, which could fetch up to $500 million, 3 banking sources say.
Wentworth Resources Relocating Head Office to London
Thursday, November 16, 2017 Wentworth Resources Limited is relocating its head office and executive management team from Calgary, Canada, to London, UK, as part of a 'restructuring process'.
New Aberdeen Oilfield Services Company Wins First Contract
Thursday, November 16, 2017 Aberdeen headquartered energy services firm Well-Safe Solutions has landed its first contract after launching in July.
Premier Oil Seeking Buyers For Stake In Indonesia Gas Field
Thursday, November 16, 2017 Premier Oil is seeking buyers for a 25% stake in the Tuna field development in Indonesia after reaching a gas sale deal with Vietnam.
BHP Eyes Two-Year Exit From Shale; Also Selling Nickel
Thursday, November 16, 2017 BHP Billiton hopes to fully divest its troubled U.S. onshore shale business in around 2 years.
UK, Norway Team Up for North Sea Hackathon Events
Tuesday, November 14, 2017 The Industry Technology Facilitator and Norwegian Energy Partners to host joint technology hackathon events in an effort to tackle operator late life and decommissioning challenges in the North Sea.
Focus On: People on the Move
Total Chief Says Would Have To Review Iran Gas Deal If New Sanctions Arose
Tuesday, November 14, 2017 Total would have to review its Iran gas project if the United States decided to impose unilateral sanctions on Tehran, given its interests in the U.S. market, its chief executive told CNN.
Noble Group Says Jeffrey Frase Resigns As Co-CEO
Monday, November 13, 2017 Commodities trader Noble Group says Jeffrey Frase resigns as co-chief executive officer (CEO) and global head of oil liquids.
McDermott Teams in Dubai, Chennai, Al Khobar to Work on 'Major' Contract
Friday, November 10, 2017 Oilfield services company McDermott International Inc's engineering and procurement teams in Dubai, Chennai and Al Khobar will work on a 'major' contract award from a 'Middle East customer'.
Oilfield Services Companies Team Up for New Joint Venture
Friday, November 10, 2017 Oilfield services companies Tasman Oil Tools Group and OLIO Resources Sdn Bhd announce the launch of a new joint venture entity, OLIO Tasman Oil Tools Sdn Bhd.
Gambia To Market Oil Blocks Revoked From African Petroleum
Friday, November 10, 2017 Gambia plans to market 2 offshore oil blocks that it revoked from African Petroleum.
Kenya Offers Bigger Share Of Oil Revenue To Local Communities
Friday, November 10, 2017 Kenya's government has proposed in a draft bill to give 30% of prospective oil revenue to the community where the resource was discovered.
Baker Hughes: US Drillers Add The Most Oil Rigs In A Week Since June
Friday, November 10, 2017 US energy companies added the most oil drilling rigs in week since June as crude prices traded up to their highest levels since the summer of 2015.
Russia's Tatneft Says Not In Talks To Sell Entire Company Or Its Part
Thursday, November 09, 2017 Tatneft, Russia's mid-sized oil producer, has not been in any kind of talks and does not plan to hold any discussions on selling a part or the entire company, it said in emailed reply to Reuters on Thursday.
Aramco Expects To Boost Capital Spending By About 10%
Thursday, November 09, 2017 Saudi Aramco expects to increase its capital spending budget by almost 10% in its next financial year.
SIMMONS EDECO Opens New Base
Wednesday, November 08, 2017 SIMMONS EDECO opens a new base in Denmark following UK office expansion.
OPITO Launches Digital Safety Training Option
Wednesday, November 08, 2017 OPITO delivers digital safety training to help attract next generation of workers.
UK's Tullow Oil Lifts Outlook On Higher Crude Prices, Output
Wednesday, November 08, 2017 Tullow Oil raised its production targets on Wednesday thanks to higher output from its flagship West African fields.
National Subsea Research Initiative Recruiting for New Director
Tuesday, November 07, 2017 NSRI is on the lookout for a new director.
Chrysaor Chooses RiskPoynt for Operational Risk Management
Tuesday, November 07, 2017 Chrysaor teams up with RiskPoynt for an operational risk management solution.
Mexican Oil Regulator Approves First Withdrawal Of Contract
Tuesday, November 07, 2017 Mexico's oil regulator votes to begin the process of withdrawing an onshore contract.
Sparrows Group Wins 3-Year Crane Services Contract from Chrysaor
Monday, November 06, 2017 Chrysaor awards Sparrows Group a 3-year crane management services contract for the 3 operating assets it took ownership of from Royal Dutch Shell in November.
QA Weld Tech In Largest Apprentice Intake in 35 years
Monday, November 06, 2017 UK welding and engineering solutions provider, QA Weld Tech, adds to its team of fully qualified and experienced engineers.
Former Shell Chair Takes On New Role at Oil, Gas Consultancy
Monday, November 06, 2017 Former Shell UK chair and chief executive Sir Bob Reid is to take up a new role as non-executive director of Belltree, a specialist oil and gas consultancy based in Edinburgh.
US Oil Service Firms Face Hit from Venezuela Debt Restructuring
Monday, November 06, 2017 The companies' services are critical for Venezuela.
France's Total Opens Washington Office As Iran Risks Loom
Friday, November 03, 2017 Total has opened an office in Washington in a bid to strengthen relations with the U.S. administration as the French oil and gas company prepares to invest billions in Iran.
MOL Q3 Net Profit Below Forecast, Flags Dividend Increase
Friday, November 03, 2017 Hungarian oil and gas group MOL reports a 29% annual drop in quarterly net profit due to weaker than expected performance by its downstream business.
Providence Resources Receives Approval for North Celtic Sea Basin Farmouts
Thursday, November 02, 2017 Providence Resources plc receives approval from the minister of state at the department of communications, climate action and environment for the farm out of several interests.
Cenovus' Profit Beats Street View, Production More Than Doubles
Thursday, November 02, 2017 Cenovus Energy Inc's 3Q adjusted profit beat Wall Street estimates on Thursday.
Russia-China-Led Group To Acquire Eurasia Drilling Stake
Wednesday, November 01, 2017 The Russia-China Investment Fund (RCIF) leads a consortium that will acquire a 16.1% stake in Russia's Eurasia Drilling Company (EDC), a Russian fund involved said.
Russia's Novatek Signs Agreement With China's CNPC On Strategic Cooperation
Wednesday, November 01, 2017 Russia's Novatek signs an agreement with state-owned China National Petroleum Corp (CNPC) on strategic cooperation.
Siccar Point, Baker Hughes Announce 'Innovative Alliance' for UK Field
Wednesday, November 01, 2017 Siccar Point Energy Limited (SPE) and Baker Hughes, a GE Company (BHGE), announce 'innovative alliance' for the development of the Cambo field, located North West of the Shetland Islands in the UK.
New Online Tool Launched to Bolster UK Oil, Gas Supply Chain
Wednesday, November 01, 2017 A new online business development tool designed to help strengthen and improve the competitiveness of the UK oil and gas supply chain has been launched.
Occidental 3Q Profit Beats Forecasts On Rising Oil Prices
Wednesday, November 01, 2017 Occidental Petroleum Corp posts a better-than-expected quarterly profit as rising commodity prices offset Hurricane Harvey's impact on operations.
Subsea Firm Appoints New Senior Management Team
Tuesday, October 31, 2017 International subsea solutions company, Kreuz Subsea, appoints a new senior management team.
Devon Energy 3Q Profit Beats Estimates
Tuesday, October 31, 2017 Devon reports a bigger-than-expected quarterly profit, helped by higher realized prices for oil.
Record Year for Europa Oil & Gas
Monday, October 30, 2017 2016/17 was a record year for Europa Oil & Gas (Holdings) plc in terms of corporate activity, according to the company's CEO Hugh Mackay.
Cenovus Taps Transcanada Veteran Alex Pourbaix For CEO Role
Monday, October 30, 2017 Canadian oil and gas producer Cenovus Energy Inc names industry veteran Alex Pourbaix chief executive officer.
Poland's LNG Terminal Back To Normal After Accident
Monday, October 30, 2017 Poland's LNG terminal in the port of Swinoujscie restarts work after strong winds damage a pipeline causing a small leak.
Keystone Champion Named CEO at Oil-Sands Giant Cenovus
Monday, October 30, 2017 Alex Pourbaix has been named chief executive officer at Cenovus Energy Inc.
New Contracts Drive Diamond Offshore's Profit Beat; Shares Rise
Monday, October 30, 2017 Diamond Offshore reports a higher-than-expected quarterly profit after securing more contracts for its deep-water drilling rigs at better rates.
Chevron Drops Decision to Leave Bangladesh
Monday, October 30, 2017 Chevron did not give a reason for reversing its decision.
Mexico's Pemex Posts $5.6B 3Q Loss On Lower Output
Friday, October 27, 2017 Pemex reports a narrower loss in the 3Q, but results for the state-run oil company were weighed down by a sharp slump in crude output.
Precision Drilling Reports Smaller-Than-Expected Loss
Friday, October 27, 2017 Precision Drilling reports a smaller-than-expected quarterly loss.
ConocoPhillips' Profit Beats Estimates, But Budget Cut 10%
Thursday, October 26, 2017 ConocoPhillips, the largest US independent oil producer, reports a better-than-expected quarterly profit.
CNOOC 3Q Revenue Rises; Only Halfway To 2017 Spending Goal
Wednesday, October 25, 2017 Third-quarter revenue rose at CNOOC because of higher oil and natural gas prices but the company's capital spending has lagged its goal.
Whiting Petroleum Quarterly Loss Shrinks As Oil Prices Rise
Wednesday, October 25, 2017 Whiting Petroleum posts a quarterly loss that was smaller than analysts had expected, due in part to higher crude prices.
CEO: Brazil's Petrobras Could Bid On More Blocks In Pre-Salt Auction
Tuesday, October 24, 2017 Petrobras could bid on more blocks in an auction of Brazil's pre-salt offshore area this week.
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