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Chesapeake to Sell Haynesville Asset for $450M
Monday, December 05, 2016 U.S.-based natural gas producer Chesapeake Energy Corp says it will sell a part of its acreage in the Haynesville shale area for $450 million in a private sale.

Gas Producer Santos Needs to Impress as China's ENN Eyes Strategy
Sunday, December 04, 2016 Australian gas producer Santos is expected this week to outline its strategy to pay down debt and cope with weak oil and gas prices.

Baker Hughes: US Oil Drilling Rig Count Recovery Extends Into 7th Month
Friday, December 02, 2016 US energy companies extended their recovery in oil drilling into a seventh month this week as they follow through on plans to add rigs as crude rose to its highest price in over a year.

Samsung Heavy Says $776.8M Order For LNG Facility Cancelled
Friday, December 02, 2016 Samsung Heavy Industries Co Ltd says a $776.8 million order for a substructure for a liquefied natural gas (LNG) floating production, storage and offloading (FPSO) unit has been cancelled.

Subsea 7 Secures Services Contract with Woodside Energy
Friday, December 02, 2016 Oilfield services company Subsea 7 S.A. secures a sizeable contract with Woodside Energy Ltd for the Greater Western Flank Phase 2 Project, offshore Australia.


Rolls-Royce To Cut Another 800 Jobs At Marine Unit
Thursday, December 01, 2016 British engineering company Rolls-Royce said it would cut a further 800 jobs in its marine business.

CLNR 'Significantly' Increases Resources at License P2252
Thursday, December 01, 2016 CLNR announces a significant increase in P50 Prospective Resources on its 100% owned License P2252, from 162 billion cubic feet to 636 Bcf.

Cooper Energy CFO Steps Down
Wednesday, November 30, 2016 Australia-focused exploration and production company Cooper Energy announced Wednesday that its chief financial officer Jason de Ross will be resigning Dec. 9.

Aker BP Awards 5-Year Services Contract to DNV GL
Wednesday, November 30, 2016 Aker BP awards a new frame agreement to DNV GL covering a range of safety, verification, inspection and classification services across its installations on the Norwegian Continental Shelf.

Centrica Sells Trinidad And Tobago Gas Assets To Shell
Wednesday, November 30, 2016 British utility Centrica said on Wednesday it has agreed to sell its gas assets in Trindad and Tobago for $30 million to Royal Dutch Shell.

Aibel Secures Troll C FEED Contract
Wednesday, November 30, 2016 Oilfield services firm Aibel secures a contract for a FEED (front end engineering design) study for the installation of a new gas module on the Troll C platform, located offshore Norway.

Baker Hughes To Form Fracturing JV With Goldman Sachs, CSL Capital
Tuesday, November 29, 2016 Baker Hughes says it has reached an agreement with CSL Capital Management and Goldman Sachs Group's merchant banking division.

Engie Chairman Mestrallet Confirms Support For CEO Kocher
Tuesday, November 29, 2016 French gas and power group Engie's chairman Gerard Mestrallet confirms his support for new chief executive Isabelle Kocher, following media reports about tensions between the two managers.

BP Buys Interests in 2 North Sea Prospects
Monday, November 28, 2016 BP buys interests in 2 North Sea exploration prospects, Jock Scott and Craster, after purchasing parts of several licenses to the east and west of Shetland.

Sources: Shell Considering Selling its Iraq Oil Assets
Monday, November 28, 2016 Royal Dutch Shell is considering selling out of its oil fields in Iraq as part of its global $30 billion asset disposal programme, industry sources said.

Rowan Idles Rig, Will Lay Off Up To 110 Workers
Monday, November 28, 2016 Rowan will lay off up to 110 workers after it loses a contract on one of its rigs offshore the Gulf of Mexico.

Saudi Arabia Tells OPEC It Won't Attend Non-OPEC Talks On Monday
Friday, November 25, 2016 Top OPEC oil exporter Saudi Arabia has told the producer group it will not attend scheduled talks in Vienna on Monday with non-OPEC oil producers.

Eni Agrees To Sell 10% Stake In Egypt Concession To BP
Friday, November 25, 2016 Eni has agreed to sell a 10% stake in the Shorouk concession offshore Egypt to BP, the Italian oil and gas group said in a statement on Friday.

Official Sees Cost as Biggest Barrier for Water Treatment Companies
Thursday, November 24, 2016 A Marcellus water treatment company is seeking to build a facility that can treat produced water in Oklahoma.

Iraqi Oil Minister Reshuffles Senior Officials
Thursday, November 24, 2016 Iraq's Oil Minister Jabar Ali al-Luaibi is reshuffling senior officials in a bid to revitalize a ministry that wants to improve the OPEC nation's ability to boost oil production.

OMV Finds Crack in Maari Platform, Ceases Production
Thursday, November 24, 2016 The operator of the Maari oil-field, OMV New Zealand, has ceased oil production and is de-manning the Maari wellhead platform as a precautionary measure.

African Petroleum Exits Liberia
Wednesday, November 23, 2016 West Africa-focused independent energy firm, African Petroleum, announces that the production sharing contracts for blocks LB-08 and LB-09 in Liberia have expired and will not be extended.

Statoil Acquires Petrobras' Operated Interest in BM-S-8 Offshore Brazil
Wednesday, November 23, 2016 Statoil acquires Petrobras' 66% operated interest in the BM-S-8 offshore license in Brazil's Santos basin.

Singapore's SGX, Japan's TOCOM To Jointly Develop Asian LNG Market
Tuesday, November 22, 2016 Singapore Exchange and Japan's Tokyo Commodity Exchange sign a memorandum of understanding to jointly develop Asia's liquefied natural gas (LNG) market.

Petrobras To Review Workers Profit-Sharing Pact
Tuesday, November 22, 2016 Petroleo Brasileiro SA is reviewing terms of a profit-sharing accord with workers, as rifts between the Brazilian state-controlled company and unions escalate.


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