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The most recent oil and gas industry financial headlines.
Bumi Armada's 2Q Revenue Falls 12.2% to $99.7M as FPSO, FGS Incomes Dip
Monday, August 29, 2016 - Malaysia's Bumi Armada posts a revenue of $99.7 million in the second quarter of 2016, down 12.2 percent from a year ago, as contributions from its floating production storage and offloading (FPSO) and floating gas solutions (FGS) units declined.
Bumi Armada's 2Q Revenue Falls 12.2% to $99.7M as FPSO, FGS Incomes Dip
Monday, August 29, 2016 - Malaysia's Bumi Armada posts a revenue of $99.7 million in the second quarter of 2016, down 12.2 percent from a year ago, as contributions from its floating production storage and offloading (FPSO) and floating gas solutions (FGS) units declined.
Kerogen Capital Raises $830M In Second Energy Fund
Friday, August 26, 2016 - Private equity firm Kerogen Capital secures $830 million in its second energy fund, taking its total assets under management to over $2 billion since inception.
Reach Energy Secures SCM's Approval to Buy Stake in Kazakh O&G Firm
Friday, August 26, 2016 - Reach Energy secures Securities Commission Malaysia's (SCM) approval for its acquisition of a stake in Palaeontol B.V., which owns an onshore oil and gas block in Kazakhstan.
Analysts: US E&P CAPEX Hits Bottom
Friday, August 26, 2016 - Analysts say US E&P CAPEX has bottomed out, setting the stage for production growth as early as this year.
San Leon Raises Funds for OML 18 Interest Acquisition
Friday, August 26, 2016 - San Leon Energy plc raises $221.4 million through an issue of 378,400,000 new ordinary shares, the net proceeds of which will be used to secure a 9.72% interest in OML 18.
Russia's Gazprom Neft Q2 Net Profit At 48.9B Rbls
Thursday, August 25, 2016 - Gazprom Neft, one of Russia's top oil producers, made a net profit of $752 million in Q2.
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