News Categories: Company Operations News
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Unipetrol Sees Positive Impact from Acquisition of Rafinerska Stake
Wednesday, July 23, 2014 Czech oil processing firm Unipetrol expects a $20-million positive impact from the pending acquisition of a 32-percent stake in Ceska Rafinerska by ENI.
Kongsberg Bags $53M Contracts from Chinese, South Korean Shipbuilders
Wednesday, July 23, 2014 Kongsberg Maritime bags $53.3 million contracts from Chinese and South Korean shipyards for 13 advanced newbuild offshore vessels.
Bloomberg: Spain's Repsol Considering a Bid for Talisman Energy
Wednesday, July 23, 2014 Repsol is considering a bid for Talisman Energy, Bloomberg reported, citing people familiar with the matter.
Semco, PV Shipyard Set Up Vung Tau Rig Services to Serve Southeast Asia
Wednesday, July 23, 2014 Semco Maritime and PetroVietnam Marine Shipyard establish Vung Tau Rig Services to repair, refurbish and upgrade rigs in Southeast Asia.
Swissco's Shareholders Approve Firm's Acquistion of Scott and English
Tuesday, July 22, 2014 Swissco's shareholders approve the company's $225 million acquisition of Scott and English Energy at an extraordinary general meeting.
Max Petroleum Says Reviewing Strategic Options
Tuesday, July 22, 2014 Max Petroleum says it was reviewing strategic options, including a sale.
Technics Wins $14M Gas Compressor, Plant Maintenance Deal in Indonesia
Tuesday, July 22, 2014 Technics Oil and Gas wins a $13.84 million contract for lease and maintenance of gas compressor equipment as well as plant maintenance in Indonesia.
Semisub Barge POSH Mogami Sank Off Indonesia's Batam Island, 3 Dead
Monday, July 21, 2014 Three people were killed when POSH Mogami sank off Batam, Indonesia when the semisubmersible barge was undergoing submerging trials Friday.
Halliburton Sees N. America Margin Growth On Rise In Drilling
Monday, July 21, 2014 Halliburton says it expect higher margins in North America in the current quarter due to strong drilling activity, signaling an industry-wide recovery in the region after a two-year slump.
Reliance's Oil, Gas Business Revenue Rises 27.3% in June Quarter
Monday, July 21, 2014 Reliance posts a 27.3% gain in revenue for its oil and gas exploration and production business in the June quarter to $527.54 million.
Swire's New PSV Pacific Legacy Named at Japan's Maizuru Shipyard
Monday, July 21, 2014 Swire Pacific Offshore names newbuild platform supply vessel Pacific Legacy at Maizuru Shipyard in Japan.
Sembawang Shipyard Bags $480M Contract from Saipem for 2 FPSO Conversions
Monday, July 21, 2014 Sembawang Shipyard bags a $480 million contract for the conversion of two floating production,storage and offloading vessels for the Kaombo project offshore Angola.
PNG LNG Project Start-up Boost Santos' 2Q Revenue by 22% to $911M
Friday, July 18, 2014 Santos posts a 22 percent rise in second quarter revenue to $911 million, lifted by the start-up of Papua New Guinea liquefied natural gas project in April.
Perisai Expects Drilling Business to Provide 40% of Revenue in 2014
Friday, July 18, 2014 Perisai Petroleum expects its offshore drilling business to provide 40 percent of its revenue this year as the firm's first jackup Perisai Pacific 101 gets ready to commence a contract with Petronas Carigali soon.
Italy Union Calls General Strike at Eni Refineries for July 29
Friday, July 18, 2014 Italian union plans a one-day strike at all of Eni's refineries in Italy in order to protest against closures.
EOC Orders 2 Accommodation/Maintenance Vessels from China's XSIC for $72M
Friday, July 18, 2014 EOC orders two new accommodation/maintenance vessels from China's Xiamen Shipbuilding Industry Co. for $72 million.
Unique Maritime Secures Strategic Equity Investment from Blue Water Energy
Thursday, July 17, 2014 Unique Maritime Group secures strategic equity investment from Blue Water Energy in the United Arab Emirates-based company.
Woodside's Sales Revenue Reaches $1.69B in 2Q 2014, Up 24.8% YOY
Thursday, July 17, 2014 Woodside's sales revenue reaches $1.69 billion in the second quarter of 2014, up 24.8 percent over the previous year.
Baker Hughes Says New Technology To Lift N. American Results
Thursday, July 17, 2014 Baker Hughes posts better-than-expected profit and expects strong growth in North America as oil and gas producers turn to its new technologies to reduce drilling time and cut costs.
Armour Inks MOU for Future Gas Supply to MMG's Queensland Operations
Thursday, July 17, 2014 Armour Energy enters into a non-binding memorandum of understanding with MMG Century to work towards a gas supply arrangements from its exploration tenements in North West Queensland, Australia.
Sound Oil Appoints New Director
Thursday, July 17, 2014 Junior energy firm Sound Oil appoints Marco Fumagalli of Continental Investment Partners as a non-executive director.
Norway's Aker Solutions Earnings, Orders Miss Forecasts
Thursday, July 17, 2014 Norwegian oilfield services firm Aker Solutions posts 2Q earnings and order backlog figures that fall short of expectations.
SBI Offshore Completes $30M EPCC Project in Malaysia
Thursday, July 17, 2014 SBI Offshore completes a $30 million engineering, procurement, construction and commissioning project in Malaysia.
Sino G&E Appoints Glenn Corrie as CEO, Philip Bainbridge as Chairman
Wednesday, July 16, 2014 Sino Gas & Energy Holdings appoints Glenn Corrie as CEO, while Philip Bainbridge has been named chairman.
KCA Deutag Wins $170M Sonangol Rig Contract
Wednesday, July 16, 2014 KCA Deutag wins a $170-million rig contract with Sonangol for work offshore Angola.
Vard Bags Contract to Design, Build PSV for E.R. Offshore
Wednesday, July 16, 2014 Vard Holdings bags a contract to design and build a platform supply vessel for E.R. Offshore.
Viking Offshore & Marine Secures $32M Charter for Land Rig System
Tuesday, July 15, 2014 Viking Offshore & Marine secures a $32 million charter for a land rig system.
Saipem Wins Contracts In Brazil, Angola Worth A Total $600M
Tuesday, July 15, 2014 Italian oilfield services company Saipem wins contracts in Brazil and Angola worth a combined $600 million.
Ezion Receives $269M Contracts to Supply 2 Service Rigs
Tuesday, July 15, 2014 Ezion Holdings receives two contracts, worth $269 million, to supply service rigs for operations in Southeast Asia and North Sea in 2016 and 2015, respectively.
PSS Plans to Recruit 40 Staff in NE Scotland
Tuesday, July 15, 2014 Aberdeen-based Process Safety Solutions plans to boost its staff at its new Wick facility, northeast Scotland, by up to 40 people.
Otto Marine Secures $404M in Charter Contracts for OSVs in 1H 2014
Tuesday, July 15, 2014 Otto Marine secures $404 million of charter contracts for its offshore support vessels in the first half of this year.
MacGregor to Supply Offloading System for Bumi Armada's FPSO Project
Monday, July 14, 2014 MacGregor receives an order from Bumi Armada to supply a Pusnes offloading system for floating production, storage and offloading conversion project.
Russia's Rosneft Agrees to Buy Weatherford's Russian, Venezuelan Assets
Sunday, July 13, 2014 Rosneft agrees to buy the Russian and Venezuelan drilling and well-servicing assets of Weatherford International.
UAE's Dana Gas Says Wins Right to Some Payments from Iraqi Kurdistan
Sunday, July 13, 2014 An arbitration tribunal awards Dana Gas the right to receive some outstanding payments from the Kurdish government.
Ezra Achieves Record Revenue of $1B in First 9 Months of FY 2014
Friday, July 11, 2014 Ezra achieves record revenue of $1 billion for the nine months that ended May 31, up 24 percent from the previous year.
HHI Develops Welding Robot for Constructing Offshore Facilities
Friday, July 11, 2014 Hyundai Heavy Industries develops a new automatic welding process for building offshore facilities.
Halliburton Forms Energy Joint Venture In China
Friday, July 11, 2014 Halliburton is entering its first joint venture in China that will use fracking to unleash energy.
Sonardyne Supplies Acoustic Positioning System to Vietnam's Thien Nam
Friday, July 11, 2014 Sonardyne supplies Ranger 2 YSBL acoustic positioning system to Thien Nam Positioning for use in a pipeline installation project off Vietnam.
Roc Oil Draws a Second Acquisition Proposal, Denies Cliq Energy is a Bidder
Friday, July 11, 2014 Roc Oil receives a second proposal from an unnamed firm to acquire all the issued share capital of the Australian company.
Norway's Aker Solutions to Take $211M Writedown
Friday, July 11, 2014 Norwegian oil services firm Aker Solutions will write down $211 million after tax from its earning in the second quarter due to impairments at Aker Oilfield Services.
Malaysia's Sumatec to Buy Borneo Energy for $250M
Friday, July 11, 2014 Malaysia's Sumatec agrees to buy Borneo Energy Oil and Gas for $250 million.
Premier Awards Sea Lion Platform FEED Contract to AMEC
Friday, July 11, 2014 Premier Oil awards the front-end engineering and design contract for the Sea Lion tension leg platform to AMEC.
Yinson Gets BW's Proposal on Full Ownership of FPSO Petroleo Nautipa
Thursday, July 10, 2014 Yinson Holdings gets proposal from BW Offshore on taking full ownership of floating production, storage and offloading vessel Petroleo Nautipa, now 50-50 owned by subsidiaries of both firms.
Britain's Petrofac Gets $700M Contract in Kuwait
Thursday, July 10, 2014 UK oilfield services firm Petrofac secures a $700-million contract with Kuwait Oil Co.
Technics Bags $5M Contracts for FSO Vapor Recovery Project in Vietnam
Thursday, July 10, 2014 Technics Oil and Gas bags $5 million contracts for a floating storage offloading vapor recovery project in Vietnam.
Occidental Names Veteran Exec As California Unit CEO
Thursday, July 10, 2014 Occidental Petroleum names longtime executive Todd Stevens as chief executive of California Resources ahead of its planned spin-off of the subsidiary.
Ezra to Transfer Offshore Support Services Arm to EOC for $520M
Thursday, July 10, 2014 Ezra Holdings to transfer the firm's offshore support services arm EMAS Marine to its associate company EOC Limited for $520 million.
Dutch Marine Services Company Fugro Warns Will Disappoint in 1H
Thursday, July 10, 2014 Dutch marines services firm Fugro blames weakness in the oil and gas sector for results that are expected to fall short of expectations.
Chevron Expects Second-Quarter Profit To Rise
Thursday, July 10, 2014 Chevron expects its second-quarter profit to rise, helped in part by asset sales and fewer one-time charges.