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News Categories: Company Operations News

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Eurasia Drilling 1Q Sales Down on Rouble, Restructuring
Thursday, April 17, 2014 Russia's Eurasia Drilling Company reports 12-percent fall in 1Q sales due to a weaker rouble and client restructuring.

Schlumberger Hurt By Reduced Drilling, Weak Pricing In Latam
Thursday, April 17, 2014 Schlumberger reports a profit that beat analysts' estimates, but revenue fell short of expectations due to reduced drilling and pricing pressure in Latin America.

Team RECon Wins US Leg of BP's Ultimate Field Trip Competition
Thursday, April 17, 2014 Team RECon, from the University of Michigan, will enjoy a two-week field trip to BP's operations in Illinois and Alaska after winning the US version of the firm's Ultimate Field Trip Competition.

Woodside Delivers Higher Revenues
Thursday, April 17, 2014 Additional oil sales and higher LNG prices pushed Woodside Petroleum's quarterly revenue in a positive direction.

Keppel O&M's Net Profit Rises 11% in 1Q 2014 to $184.89M
Thursday, April 17, 2014 Keppel Offshore and Marine records a net profit of $184.89 million in the first quarter of 2014, up 11 percent from a year ago.


Maersk Valiant Drillships Heads to GOM After Delivery from SHI's Shipyard
Thursday, April 17, 2014 Maersk Valiant drillship heads to the Gulf of Mexico for a two year assignment after delivery from Samsung Heavy Industries shipyard in Geoje-Si, South Korea.

Linc Energy Stands Firm in Environmental Dispute with Queensland Government
Thursday, April 17, 2014 Linc Energy stands firm in a dispute with the Queensland government in Australia over allegations that it has caused unauthorized environmental harm at the Chinchilla Underground Coal Gasification Research and Development Facility.

Stable North American Market Drives Revenues at Enteq
Wednesday, April 16, 2014 More stable North American markets drive revenue growth at Enteq.

Singapore's Keppel Corp 1Q Net Profit Falls 5%
Wednesday, April 16, 2014 Rig maker Keppel sees first quarter net profit drop 5%.

Lamprell Clinches $390M Contract to Build 2 Jackups for Ensco
Wednesday, April 16, 2014 Lamprell clinches $390 million contract to build two LeTourneau-designed jackups for Ensco.

Technip Wins its Largest-Ever Subsea Contract
Wednesday, April 16, 2014 A consortium including Technip and Heerema wins a $3.5-billion contract from Total for subsea work on the Kaombo project offshore Angola.

CIMC Raffles Delivers Newbuild Jackup HYSY 932 to COSL
Wednesday, April 16, 2014 CIMC Raffles delivers HYSY 932 to China Oilfield Services Limited, with the newbuild jackup to head to China's Bohai Bay soon to commence operations.

Caterpillar to Power First Zentech R550D Jackup in China
Wednesday, April 16, 2014 Caterpillar Oil & Gas announces that the Cat C175 and Cat 3512 generator sets have been selected to power the first Zentech R550D jackup for Alliance Offshore in China.

Saipem Awarded Angola Contracts Worth More Than $4B By Total
Wednesday, April 16, 2014 Italian oilfield services group Saipem wins two contracts worth $4B from Total.

AGL Settles Outstanding Cash Calls for PEL 96 JV in South Australia
Wednesday, April 16, 2014 Strike Energy reports that partner Australian Gasfields has paid in full all of the past due cash calls for PEL 96 joint venture in South Australia.

BP Head Says Russian Business Unaffected by Sanctions
Tuesday, April 15, 2014 Western sanctions over Russia's actions in Ukraine are not affecting BP's business in Russia, says BP boss Bob Dudley.

Aker Wins $2.4B Subsea Contract Offshore Angola
Tuesday, April 15, 2014 Total awards Aker Solutions a $2.4B subsea contract for work offshore Angola.

Drydocks Signs Deal to Build 2 Gusto-Design Jackups for Malta Oil & Gas
Tuesday, April 15, 2014 Drydocks World signs agreement to build two new Gusto-design jackups for Malta Oil & Gas.

Stover to Succeed Davidson as Noble Energy CEO
Tuesday, April 15, 2014 David L. Stover will succeed Charles D. Davidson as chairman and CEO of Noble Energy.

Eni, KrisEnergy Take Over Neon's 25% Stake in Blocks 105, 120 Off Vietnam
Tuesday, April 15, 2014 Eni and KrisEnergy take over Neon Energy's 25 percent stake in two blocks offshore Vietnam after the latter defaulted on payments under the joint operating agreements.

Italy Set to Make Sweeping Management Changes at State Firms
Monday, April 14, 2014 Italy is set to announce sweeping changes to the top management at state-backed firms, including oil group Eni

Repsol Hired 1,062 New Employees in 2013
Monday, April 14, 2014 Repsol hires 1,062 new employees, while training 800 students, in 2013.

Sugih Energy Withdraws Offer to Acquire Ramba Energy
Monday, April 14, 2014 PT Sugih Energy withdraws offer to acquire Singapore-listed oil and gas exploration and production company Ramba Energy.

Malaysia's Kulim to List Oil & Gas Services Unit
Monday, April 14, 2014 Malaysia's Kulim plans to list its oil and gas services subsidiary, E. A. Technique.

BW Offshore Gives Up Polvo Field Stake
Monday, April 14, 2014 BW Offshore chooses to terminate letter of intent that would have allowed it to acquire 30 percent of the Polvo field, offshore Brazil.

Ezra's Revenue Increases 22% in 2Q FY2014 to $300M
Friday, April 11, 2014 Ezra posts a 22 percent increase in revenue for second quarter of financial year 2014 to $300.4 million, lifted by contribution from its subsea division.

EMAS AMC Gets LOA from Noble Energy for Gunflint Project in GOM
Friday, April 11, 2014 Ezra Holdings' unit EMAS AMC receives a letter of award from Noble Energy for the Gunflint Project in the Gulf of Mexico.

MOG Receives 1st Payment Following Malta Case
Friday, April 11, 2014 Leni Gas & Oil pays Mediterranean Oil & Gas $1 million of the $2.5 million it owes MOG after the failure of its court case over a 2012 Maltese license deal.

Keppel O&M Signs 30-Year Deal to Manage China's Titan Quanzhou Shipyard
Thursday, April 10, 2014 Keppel Offshore & Marine signs 30-year agreement to manage Titan Quanzhou Shipyard in Fujian, China.

Enegi Oil Restructures Marginal Fields Unit
Thursday, April 10, 2014 Enegi Oil restructures its ABT Oil & Gas subsidiary that is developing production systems aimed at making marginal fields economic, while also providing an update on progress at its Fyne field in the North Sea.

Ezion, AusGroup Ink MOU to Collaborate in Australia
Thursday, April 10, 2014 Ezion Holdings inks a memorandum of understanding with AusGroup to collaborate in the provision of logistics supply chain and related support services in Australia.

Statoil Selects Prime Four Business Park for New UK HQ
Thursday, April 10, 2014 Statoil has agreed a deal for a new 60,000-square foot facility at Prime Four Business Park, five miles west of central Aberdeen, to be its new UK head office.

SHI Clinches $1.3B Contract to Build 2 Drillships
Thursday, April 10, 2014 Samsung Heavy Industries clinches a $1.3 billion contract to build two drillships.

Thailand's PTT Aims for Higher 2014 Profit, Oil Sales Hit by Unrest
Thursday, April 10, 2014 Thailand's PTT aims for an increased net profit of $3.1 billion in 2014 as its fifth gas separation plan runs at full capacity this year.

AGR Wins Well Management Contract with OMV
Thursday, April 10, 2014 Norwegian driller AGR wins a new well management services contract from Austria's OMV.

Seadrill Plans up to $305M Selldown in Malaysia's SapuraKencana
Wednesday, April 09, 2014 Seadril plans to sell up to $305 million worth of shares in Malaysian oil and gas services firm SapuraKencana, according to a term sheet of the deal.

WorleyParsons Restructures to Improve Financial Performance
Wednesday, April 09, 2014 WorleyParsons restructures business to improve the company's financial performance.

UK Well Services Firm Attracts VC Investment
Wednesday, April 09, 2014 UK well services firm RMEC receives $12.5 million investment aimed at helping its growth in the North Sea region.

EOC Gains $44M Profit in 2Q FY2014, Lifted by Sale-and-Leaseback of Vessel
Wednesday, April 09, 2014 EOC reports a net attributable profit of $44 million for second quarter of financial year 2014 that ended Feb. 28, compared to $1.4 million a year ago.

Aker Wins Subsea Manifold Deal with Petrobras
Wednesday, April 09, 2014 Aker Solutions wins a $300 million-plus contract with Petrobras to supply subsea manifolds designed to boost oil recovery from deep-water fields offshore Brazil.

Chevron Expects First-Quarter Profit To Slip
Wednesday, April 09, 2014 Chevron expects first-quarter income to slip because of high currency conversion costs and environmental charges in its mining unit.

GE's Angolan JV Delivers 1st Subsea Equipment Order
Wednesday, April 09, 2014 An Angolan joint venture involving GE Oil & Gas delivers its first subsea production tree for a development in the Atlantic Ocean.

Petronas Launches Hull of its PFLNG 1 Facility at DSME's Okpo Shipyard
Tuesday, April 08, 2014 Petronas launches hull of its first floating liquefied natural gas facility at Daewoo Shipbuilding & Marine Engineering shipyard in Okpo, South Korea.

UTEC Clinches Pipelay Support Survey, Positioning Deal for Ichthys Project
Tuesday, April 08, 2014 UTEC clinches a pipelay support survey and positioning contract from Saipem for the Ichthys liquefied natural gas project off Australia.

Paper: Rosneft CEO's Son Ivan Joins Company's Offshore Division
Tuesday, April 08, 2014 Rosneft CEO's son joins the state oil company to work on offshore projects, according to the Kommersant newspaper.

Songa Offshore Expects to Secure Financing for Remaining Rigs
Tuesday, April 08, 2014 Songa Offshore is confident it can raise the debt it needs to pay for the last two rig new-builds it has ordered, according to its CEO.

Field Operations Underway at Sino Gas & Energy's PSCs in Ordos Basin
Monday, April 07, 2014 Sino Gas & Energy discloses that field operations for 2014 are underway at its production sharing contracts in China's Ordos Basin.

AAPG: Communication between Oil, Gas Industry and Public Could Benefit Both
Monday, April 07, 2014 Energy companies can help educate the public on industry issues for mutual benefit.

Kentz Bags $570M Deal for Ichthys Project Onshore LNG Facilities in Darwin
Monday, April 07, 2014 Kentz's unit bags a $570 million contract for the electrical and instrumentation construction packages for Ichthys project onshore liquefied natural gas facilities in Darwin, Australia.

Kea Farms out Puka Permit, Onshore New Zealand
Monday, April 07, 2014 Junior explorer Kea Petroleum farms out its PEP 51153 license, which includes the Puka discovery, onshore New Zealand.

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